Cognex Reports Q4 EPS of $0.47 vs. $0.41

Cognex Corporation CGNX today announced that for the quarter and year ended December 31, 2010 the company set new records for both annual and quarterly bookings, revenue and net income per share. Revenue for the fourth quarter of 2010 increased 66% from the fourth quarter of 2009 and 13% from the prior quarter. Contributing to these increases was $6,500,000 of service revenue from the Factory Automation market that had been deferred until a single customer contract was completed. EPS $0.47