Post Earnings Update: Cognex Has Sunk 3.9% Lower in Past Week (CGNX)
Comtex SmarTrend(R) - Mon May 12, 12:08PM CDT
When Cognex (NASDAQ:CGNX) reported earnings 12 days ago on April 30th, 2014, analysts, on average, expected the company to report earnings of $0.20 on sales of $91.3 million. Cognex actually reported earnings of $0.20 per share on sales of $90.9 million, beating EPS estimates by $0.00 and matching revenue estimates. Since the company's report, shares of Cognex have fallen from $34.43 to $33.10, representing a loss of 3.9% in the past 12 days.
Cognex Prevails in Patent Suit Against Competitor
Business Wire - Mon May 05, 7:50AM CDT
Cognex Corporation (NASDAQ: CGNX) announced today that a U.S. District Court jury has decided in favor of Cognex in the company's patent infringement lawsuit against both Microscan Systems, Inc. and Microscan's development and manufacturing partner, The Code Corporation. The lawsuit filed by Cognex alleged that Microscan's Mobile Hawk handheld imager infringed U.S. Patent No. 7,874,487, held by Cognex.
Cognex to Present at J.P. Morgan Technology, Media and Telecom Conference
Business Wire - Fri May 02, 7:06AM CDT
Cognex Corporation (NASDAQ: CGNX) announced today that Robert J. Willett, President and CEO of Cognex, will discuss the company's performance and future prospects at the J.P. Morgan Technology, Media and Telecom Conference at the Westin Copley Place in Boston, MA. Mr. Willett's presentation will be on Wednesday, May 21, 2014, beginning at 12:00 p.m. eastern time.
Cognex Reports Record First Quarter Revenue, Net Income and EPS
Business Wire - Wed Apr 30, 3:07PM CDT
Cognex Corporation (NASDAQ: CGNX) today announced its results for the first quarter of 2014. Selected financial data for the quarter ended March 30, 2014 is compared to the first and fourth quarters of 2013 in Table 1 below. A reconciliation of certain financial measures from GAAP to non-GAAP is shown in Exhibit 2 of this news release.
Cognex declares new stock buy back authorisation of USD50m
M2 - Wed Apr 30, 7:04AM CDT
The board of directors of Cognex Corporation (NASDAQ:CGNX) that designs, develops and manufactures a range of machine vision technology products, approved the repurchase of up to USD50m of the company's common stock in open market transactions, it said today.
Cognex Corporation Announces New $50 Million Stock Repurchase Authorization
Business Wire - Tue Apr 29, 4:58PM CDT
Cognex Corporation (NASDAQ: CGNX) today announced that its Board of Directors authorized the repurchase of up to $50 million of Cognex common stock in open market transactions. This new authorization will commence once Cognex completes an existing $80 million repurchase program, of which $38 million remains available. The repurchase program is intended to offset the estimated dilution created by Cognex's annual employee stock option awards, which the company believes are instrumental in its ability to recruit, retain and motivate the highest caliber employees.
Conference Call Schedules, Purchase Orders, International Product Launches, and Appointments - Analyst Notes on EPAM Systems, Cognex, 21Vianet, BT and MTS
PR Newswire - Thu Apr 24, 7:00AM CDT
Today, Analysts Review released its analysts' notes regarding EPAM Systems, Inc. (NYSE: EPAM), Cognex Corporation (NASDAQ: CGNX), 21Vianet Group, Inc. (NASDAQ: VNET), BT Group plc (NYSE: BT) and MTS Systems Corp. (NASDAQ: MTSC). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/1530-100free.
Why Cognex Corporation (CGNX) Stock Is Gaining Today
at The Street - Wed Apr 23, 2:07PM CDT
Cognex Corporation (CGNX) stock is gaining Wednesday after announcing it had received record orders from a single customer.
Cognex Receives Record Orders from a Single Customer
Business Wire - Wed Apr 23, 7:06AM CDT
Cognex Corporation (NASDAQ: CGNX) announced today that it has recently received two purchase orders that have a combined value of more than $40 million from a single customer. The Cognex vision systems and barcode readers will be integrated into automation equipment for high-precision manufacturing lines in Asia. Revenue from these purchase orders is expected to be recognized by Cognex in the third quarter of 2014.
Conference Call Schedules, New Diagnostic Tests, Senior-Level Appointments, and Acquisitions - Analyst Notes on Waters, Cepheid, Curtis-Wright, Trimble, and Cognex
PR Newswire - Tue Apr 22, 7:00AM CDT
Today, Analysts Review released its analysts' notes regarding Waters Corp. (NYSE: WAT), Cepheid (NASDAQ: CPHD), Curtiss-Wright Corp. (NYSE: CW), Trimble Navigation Limited (NASDAQ: TRMB) Cognex Corporation (NASDAQ: CGNX). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/1198-100free
Global Surface Vision and Inspection Market 2013-2019
M2 - Wed Apr 16, 9:53AM CDT
Research and Markets (http://www.researchandmarkets.com/research/vghx4k/surface_vision) has announced the addition of the "Global Surface Vision and Inspection Market 2013-2019" report to their offering. This report examines the global surface vision and inspection market which is segmented into various sub-divisions. It provides in-depth analysis of this market based on parameters such as type, system, applications and geography. In addition, the analysis provides market estimation in terms of revenue and forecast for the period between 2013 and 2019. Porter's Five Forces analysis helps the competitive players to better understand the market in order to frame their strategies. The value chain analysis which gives a brief idea about the role of each vendor involved in this market is included in the report. Components segment constitute camera, lighting, optics, frame grabber, software and hardware. Among these, camera is the most important and frequently used component in surface vision and inspection systems and hence accounted for the largest market share in 2012. On the contrary, software and hardware components segment of surface vision and inspection market is expected to see the fastest growth through the estimated period. This is mainly attributed to the growing demand for user friendly and efficient surface vision and inspection systems. As a result, this component is expected to grow at a faster growth rate in coming years. Scope of the Report Components - Camera - Optics - Lighting - Frame Grabbers - Software and Hardware Type - Computer Systems - Camera Systems Application - Automotive - Electrical/Electronics - Semiconductor - Medical - Pharmaceutical - Metal - Rubber and Plastics - Printing - Wood and Paper - Other Industrial Application (Glass and Non-Woven) Key Topics Covered: - Preface - Executive summary - Global surface vision and inspection market overview - Global surface vision and inspection market, by components, 2011-2019 - Global surface vision and inspection systems market, by system, 2012-2018 - Global surface vision and inspection market, by application, 2013-2019 - Global surface vision and inspection market, by region, 2013-2019 - Company profiles - Adept Technology, Inc - Cognex Corporation - Edmund Optics Inc - Electro Scientific Industries, Inc - ISRA VISION AG - Matrox Imaging - Microscan Systems, Inc - Nikon Corporation - Omron Corporation - Panasonic Corporation - Perceptron Inc - Sharp Corporation - Toshiba Teli Corporation For more information visit http://www.researchandmarkets.com/research/vg...ace_vision
Cognex Barcode Readers Selected by Leading Warehouse Automation Company
Business Wire - Wed Apr 16, 7:06AM CDT
Cognex Corporation (NASDAQ: CGNX) announced today that it has received purchase orders totaling more than $3 million from a U.S.-based designer of logistics automation systems. The customer will integrate Cognex DataMan(R) 300 barcode readers into numerous shipping and distribution centers for a major retailer.
Cognex to Present at Robert W. Baird Growth Stock Conference
Business Wire - Tue Apr 15, 7:06AM CDT
Cognex Corporation (NASDAQ: CGNX) announced today that Richard A. Morin, Executive Vice President and CFO of Cognex, will discuss the company's performance and future prospects at the Robert W. Baird Growth Stock Conference at The Four Seasons Hotel, Chicago, IL. Mr. Morin's presentation will be on Tuesday, May 6, 2014, beginning at 11:55 a.m. eastern time.
Cognex Announces First Quarter Earnings Release Date and Conference Call
Business Wire - Thu Apr 03, 3:06PM CDT
Cognex Corporation (NASDAQ: CGNX) will release earnings for the first quarter of 2014 on Wednesday, April 30, 2014, after the market closes, and will host a conference call that same day at 5:00 p.m. eastern time. The earnings release and conference call are scheduled to coincide with the company's expected filing of its Form 10-Q for the quarter ending March 30, 2014.
Global Food Traceability Market (Tracking Technologies) Report 2020
M2 - Fri Mar 07, 9:15AM CST
Research and Markets (http://www.researchandmarkets.com/research/m63dkr/food_traceability) has announced the addition of the "Global Food Traceability Market (Tracking Technologies) Report 2020" report to their offering. The RFID technology is expected to grow at the highest rate of 19.4% among all technologies of food traceability market. The reason for the high growth rate of RFID is real-time tracking of food items irrespective of weather conditions or location. Accurate read-write ability in complex environment is also a significant advantage of this technology. Globalization of the food market has increased the importance of a traceability system even in developing nations and therein lie the opportunities for food traceability suppliers to enhance their market position. Installation of food traceability system requires huge upfront investment, which proves to be a restraint for the market, as small players are not ready to make the extra investments. However, growing awareness and technological advancements leading to lesser investments will overcome this restraint, thus reducing impact on the market in the future. One of the segments discussed in the report is the end-users of the market such as food producers, retailers, warehouses, transportation companies, etc. Food manufacturers are expected to generate maximum revenue of $5.4 billion by 2020 at a CAGR of 11.5% during the analysis period. Another segment of the report discusses the equipment market of food traceability such as 1D and 2D scanners, sensors, tags and labels and PDAs with GPS. The sensors are expected to grow at the highest rate among all the equipment at a CAGR of 10.5% from 2012 to 2020. The geographic segment of the food traceability market covers North America, Europe, Asia Pacific, and Rest of the World (RoW). North America is expected to generate maximum revenue by 2018 however; Asia Pacific will take over the North American market by 2020. North America is expected to generate $4.4 billion by 2020 at a CAGR of 4.6% during the analysis period. Asia Pacific is expected to have the highest revenues by 2020 as it is expected to grow at a CAGR of 16.7% during 2013-2020. Key Topics Covered: Chapter 1 Introduction Chapter 2 Executive Summary Chapter 3 Key Findings: Food Traceability (Tracking Technologies ) Market Study Chapter4 Global Food Tracking And Traceability Technologies Application Market, 2012-2020, $Million Chapter 5 Global Food Traceability (Tracking Technologies ) Market, 2012-2020, $Million Chapter 6 Global Food Tracking And Traceability Technologies Equipment Market, 2012-2020, $Million Chapter 7 Global Food Traceability (Tracking Technologies) End-User Market, 2012-2020, $Million Chapter 8 Global Food Traceability (Tracking Technologies) Geographic Analysis, 2012-2020, $Million Chapter 9 Corporate Profiles And Analysis - Bio-Rad Laboratories - C.H. Robinson Inc. - Cognex Corporation - DuPont Nutrition & Health - Honeywell International Inc. - IBM Corp - Intermec Inc. - Mass Group - Motorola solutions Inc. - Zebra Technologies For more information visit http://www.researchandmarkets.com/research/m6...aceability
EPIC Machine Vision Systems Awarded the Cognex System Integrator of the Year
PRWeb - Thu Mar 06, 8:19AM CST
Cognex awarded EPIC Systems, Inc. first place in the PSI Bookings Growth for 2013. Dan Nadolny, EPIC's Machine Vision Group Coordinator, was excited that EPIC received the honor in two consecutive years. "It's always great to win! We create innovative solutions to solve challenging inspection requirements and use exciting new technology. Vision work is a lot of fun."
Is It Time to Buy UPS and FedEx?
Lee Samaha, The Motley Fool - Motley Fool - Mon Mar 03, 10:00AM CST
The share prices of package-delivery giants UPS and FedEx have been down in the high-single digits in 2014. Essentially, the market is punishing them for a difficult Christmas period when high-profile delivery delays disappointed consumers and...
Will Cognex Corporation See Strong Growth Again This Year?
Lee Samaha, The Motley Fool - Motley Fool - Tue Feb 25, 10:36AM CST
Machine vision company Cognex has long been one of the most attractive growth stories in the industrial sector, but gaining an entry level into the stock hasn't been easy in the last year. The good news is that it fell more than 8% on the day that...
Cognex Corporation (CGNX) Marked As A Dead Cat Bounce Stock
at The Street - Tue Feb 18, 8:52AM CST
Trade-Ideas LLC identified Cognex Corporation (CGNX) as a "dead cat bounce" (down big yesterday but up big today) candidate
Itron Dips on Q4 Earnings Miss, Low Guidance - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Feb 18, 8:10AM CST
Itron shares down 8% since reporting a 38% y-o-y dip in Q4 earnings and lower-than-expected guidance.