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These Analysts Cut Their Forecasts On Cognex Following Q2 Results
Cognex Corporation (NASDAQ:CGNX) reported mixed second-quarter financial results, after the closing bell on Wednesday.
Cognex reported quarterly earnings of 23 cents per share which beat the analyst consensus estimate of 21 cents per share. The company reported quarterly sales of $239.00 million which missed the analyst consensus estimate of $240.39 million.
“Cognex delivered second quarter revenue and gross margin in line with expectations and operating expenses favorable to our guidance,” said Robert J. ...