Cognex reports Q4 adjusted EPS 20c, consensus 16c

Reports Q4 revenue $230M, consensus $220.68M. “Cognex (CGNX) delivered strong results in the fourth quarter, with revenue at the high end of our guidance range. Growth was driven by continued momentum in our Logistics and Semiconductor businesses, including accelerated demand late in the quarter. Across most of our other factory automation end markets, demand remains soft but stable, while Automotive remains very weak,” said Robert Willett, CEO.