earnings
confidence high
sentiment neutral
materiality 0.65
Cognex Q3 rev $235M (+19% YoY), adj EPS $0.20; Q4 rev guide $210-230M
COGNEX CORP
2024-Q3 EPS reported
$0.45
revenue$684,831,000
- Revenue $235M (+19% YoY); ex-Moritex +7%. Adj EBITDA $41M (17.6% rev) vs $34M (17.4%) YoY.
- GAAP EPS $0.17 vs $0.11 YoY; adjusted EPS $0.20 vs $0.17. Net income $30M (+56% YoY).
- Logistics and Semiconductor revenue strong; Consumer Electronics seasonal; Automotive soft.
- Board declared $0.08/share quarterly dividend, up from $0.075, payable Nov 29 to holders Nov 14.
- Q4 guidance: rev $210-230M, adj EBITDA margin 14-17%, adj gross margin high-60% range.