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Cognex Corp (CGNX)
NASDAQ:CGNX
Earnings Data
Report Date
May 01, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.13Last Year’s EPS
0.07Same Quarter Last Year
Moderate Buy
Based on 13 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 12, 2025
|% Change Since: -14.29%
|Next Earnings Date:May 01, 2025
Earnings Call Sentiment|Neutral
Cognex's earnings call highlighted significant achievements in AI product expansion, sales transformation, and logistics revenue growth. However, challenges in the automotive and consumer electronics markets, along with pricing pressure in China, offset some of these gains.Company Guidance
During the Cognex Fourth Quarter and Full Year 2024 Earnings Conference Call, the company provided guidance and key metrics for the upcoming period. For the first quarter of 2025, Cognex expects revenue to be between $200 million and $220 million, with projected adjusted gross margins to remain in the high 60% range. The anticipated adjusted EBITDA margin is forecasted between 12% and 15%, which reflects a year-over-year increase of 150 basis points due to operating leverage and disciplined operating expense management. The call also highlighted a mixed macroeconomic environment, with expectations for continued growth in logistics and semiconductor sectors, but ongoing weakness in the automotive market and a $5 million foreign exchange headwind. The guidance underscores Cognex's strategic focus on expanding AI integration across its product line and executing its sales transformation initiatives.AI-Enabled Product Expansion
Cognex introduced the industry's first AI-enabled 3D smart camera, the In-Sight L38, and expanded the modular vision tunnel portfolio with the DataMan 380 barcode reader.
Successful Sales Transformation
The new sales team acquired over 3,000 new customers in 2024, contributing significantly to bookings and expanding customer base.
Logistics Revenue Growth
Logistics revenue grew 20% in 2024, driven by global e-commerce leaders and regional players, with significant momentum in logistics and semiconductor sectors.
Strong Financial Performance in Q4
Fourth quarter revenue of $230 million increased by 17% year-on-year, with adjusted EBITDA margin at 18.5%, driven by revenue growth and cost management.
Successful Integration of Moritex
The acquisition of Moritex was accretive to adjusted EPS in 2024, contributing to a 9% overall revenue growth for the year.
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CGNX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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CGNX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 12, 2025 | $39.25 | $33.92 | -13.58% |
| Oct 30, 2024 | $40.38 | $40.15 | -0.57% |
| Jul 31, 2024 | $49.43 | $38.93 | -21.24% |
| May 02, 2024 | $40.72 | $43.12 | +5.89% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Cognex Corp (CGNX) report earnings?
Cognex Corp (CGNX) is schdueled to report earning on May 01, 2025, TBA Not Confirmed.
What is Cognex Corp (CGNX) earnings time?
Cognex Corp (CGNX) earnings time is at May 01, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CGNX EPS forecast?
CGNX EPS forecast for the fiscal quarter 2025 (Q1) is 0.13.
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