secwatch.observer — SEC 8-K summary
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Issuer:     COGNEX CORP (CGNX)
CIK:        0000851205
Form:       8-K
Filed at:   2022-05-05T23:59:59+00:00
Accession:  0001157523-22-000574
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cognex Q1 revenue $282M record; net income down 4%; Q2 guidance $265-285M
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- Revenue $282M (record Q1, +18% YoY); net income $67M (-4%); diluted EPS $0.38 ($0.42 non-GAAP).
- Gross margin fell to 72% from 77% on component cost inflation; operating margin exceeded 30% long-term target.
- Q2-22 revenue guidance $265-285M; management notes slowing automation project deployments and supply-chain delays.
- Declared $0.065/share dividend payable June 3, 2022 to May 20 record holders.
- Appointed John T.C. Lee (CEO of MKS Instruments) to board; receives $50k annual stipend plus initial RSUs worth ~$181,600.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/851205/000115752322000574/0001157523-22-000574-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/851205/000115752322000574/a52710163.htm
  HTML page:      https://secwatch.observer/filing/0001157523-22-000574

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