secwatch.observer — SEC 8-K summary
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Issuer:     COGNEX CORP (CGNX)
CIK:        0000851205
Form:       8-K
Filed at:   2025-04-30T23:59:59+00:00
Accession:  0000851205-25-000028
Event type: leadership
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cognex reports Q1 revenue up 2% YoY, EPS $0.14; CEO Willett to retire, succeeded by Moschner
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- Q1 revenue $216M (+2% YoY); operating income $26M (+84%); diluted EPS $0.14 (+99%).
- Adjusted EBITDA margin 16.8% (above guidance); returned $116M via $102M buyback and $14M dividends.
- CEO Robert Willett to retire June 27, 2025; President Matt Moschner to succeed as CEO and join board.
- Dividend $0.08 per share (+6.7% YoY), payable May 29, 2025 to record May 15.
- Q2 guidance: revenue $235-255M; adj. EBITDA margin 18.5%-21.5%; tariff impact substantially mitigated.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/851205/000085120525000028/0000851205-25-000028-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/851205/000085120525000028/cgnx-20250430.htm
  HTML page:      https://secwatch.observer/filing/0000851205-25-000028

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