Cognex (NASDAQ:CGNX) reported its Q1 earnings results on Thursday, May 5, 2022 at 04:06 PM.
Here's what investors need to know about the announcement.
Earnings
Cognex beat estimated earnings by 10.53%, reporting an EPS of $0.42 versus an estimate of $0.38.
Revenue was up $43.38 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.08 which was followed by a 6.6% increase in the share price the next day.
Here's a look at Cognex's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.22 | 0.46 | 0.42 | 0.35 |
| EPS Actual | 0.30 | 0.40 | 0.43 | 0.36 |
| Revenue Estimate | 222.96M | 288.23M | 264.17M | 237.95M |
| Revenue Actual | 244.06M | 284.85M | 269.16M | 239.03M |
To track all earnings releases for Cognex visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
