Cognex: Q2 Earnings Insights

Cognex CGNX reported its Q2 earnings results on Tuesday, August 2, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Cognex missed estimated earnings by 2.38%, reporting an EPS of $0.41 versus an estimate of $0.42.

Revenue was up $5.47 million from the same period last year.

Last quarter the company beat on EPS by $0.04 which was followed by a 10.93% drop in the share price the next day.

Here's a look at Cognex's past performance:

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	0.38	0.22	0.46	0.42
EPS Actual	0.42	0.30	0.40	0.43
Revenue Estimate	276.30M	222.96M	288.23M	264.17M
Revenue Actual	282.41M	244.06M	284.85M	269.16M

To track all earnings releases for Cognex visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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