earnings
confidence high
sentiment positive
materiality 0.80
Cognex reports record FY2021 revenue of $1.037B; Q4 EPS $0.30; guides Q1 revenue $265M-$285M
COGNEX CORP
2021-FY EPS reported
$1.56
revenue$1,037,098,000
- FY2021 revenue $1.037B (+28% YoY); net income $279.9M (+59%); diluted EPS $1.56 (+56%).
- Q4 revenue $244M (+9% YoY); net income $53.5M (-23% YoY); diluted EPS $0.30.
- Board declares $0.065 quarterly dividend, payable March 18, 2022 to shareholders of record March 4.
- Q1 2022 revenue guidance $265M-$285M; gross margin expected low-70% range.
- Cash and investments $907M, no debt; logistics became largest end market (+65% YoY).