earnings
confidence high
sentiment positive
materiality 0.70
Cognex Q3 revenue record $284.8M (+13% YoY); EPS $0.44; appoints Marjorie Sennett to board, declares $0.065 dividend
COGNEX CORP
2021-Q3 EPS reported
$1.26
revenue$793,033,000
- Record quarterly revenue of $284.8M, up 13% from Q3-20; GAAP diluted EPS $0.44, non-GAAP $0.40; operating margin 31%.
- Appointed Marjorie T. Sennett as director effective Nov 3; she will serve on Audit Committee with $50k annual stipend plus $10k audit committee fee.
- Declared quarterly cash dividend of $0.065 per share, payable Dec 3, 2021 to holders of record Nov 19, 2021.
- Q4-21 revenue guidance $210M-$230M; gross margin low-70% due to elevated component and freight costs; operating expenses expected up mid-single digits.