secwatch.observer — SEC 8-K summary
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Issuer:     COGNEX CORP (CGNX)
CIK:        0000851205
Form:       8-K
Filed at:   2024-02-15T23:59:59+00:00
Accession:  0000851205-24-000025
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cognex Q4 revenue down 18% YoY to $196.7M; EPS $0.07, guided Q1 $190-205M
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- Q4 revenue $196.7M (-18% YoY, flat sequentially); net income $11.2M (-80% YoY, $0.07 diluted EPS)
- Full year 2023 revenue $837.5M (-17% YoY); net income $113.2M (-47% YoY, $0.65 diluted EPS)
- Adjusted diluted EPS $0.11 for Q4, down 61% YoY; adjusted gross margin 71%
- Board declared $0.075/share quarterly dividend, payable March 14, 2024 to holders of record Feb 29
- Q1 2024 revenue guidance $190M-$205M with adjusted gross margin in high-60% range

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/851205/000085120524000025/0000851205-24-000025-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/851205/000085120524000025/cgnx-20240215.htm
  HTML page:      https://secwatch.observer/filing/0000851205-24-000025

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer