secwatch.observer — SEC 8-K summary
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Issuer:     COGNEX CORP (CGNX)
CIK:        0000851205
Form:       8-K
Filed at:   2024-07-31T23:59:59+00:00
Accession:  0000851205-24-000069
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cognex Q2 revenue $239M, down 1% YoY; operating income drops 41% to $38M
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- Revenue $239M, down 1% YoY; adjusted EPS $0.23 vs $0.33 prior year.
- Operating income $38M, down 41% YoY; adjusted EBITDA margin 19.9% vs 28.1%.
- Q3 revenue guidance $225-240M; adjusted gross margin slightly below 70%.
- Board declares $0.075/share dividend, payable Aug 29, 2024 (record Aug 15).
- Cash and investments $555M, no debt; spent $11M on share repurchases in Q2.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/851205/000085120524000069/0000851205-24-000069-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/851205/000085120524000069/cgnx-20240731.htm
  HTML page:      https://secwatch.observer/filing/0000851205-24-000069

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