secwatch.observer — SEC 8-K summary
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Issuer:     COGNEX CORP (CGNX)
CIK:        0000851205
Form:       8-K
Filed at:   2023-05-04T23:59:59+00:00
Accession:  0001157523-23-000715
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cognex Q1 revenue $201M, down 29% YoY; EPS $0.15; guides Q2 $225-245M
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- Revenue $201.1M, -29% YoY; GAAP diluted EPS $0.15 vs $0.38.
- Non-GAAP diluted EPS $0.13, -69% YoY; gross margin 71% (below mid-70% target).
- Q2 guidance: revenue $225-245M; gross margin expected to return to mid-70%.
- Board declared $0.07 quarterly dividend, payable June 2 to holders of record May 19.
- Cash and investments $844M, no debt; $28M operating cash flow; repurchased $24M stock.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/851205/000115752323000715/0001157523-23-000715-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/851205/000115752323000715/a53392890.htm
  HTML page:      https://secwatch.observer/filing/0001157523-23-000715

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