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Cognex Reports Top Revenue, Earnings, Bookings, Backlog

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NATICK, Mass., July 18 -- Cognex Corp., a developer of machine vision systems, reported its best quarter to date with this year's second quarter ended on July 2, in part because of a key acquisition of a machine vision systems provider in England, the company said. Revenue for the second three months of 2000 was $62.2 million, 76 percent more than the $35.3 million reported for the same 1999 period. Net income for the second quarter was $17.3 million, or $0.38 per diluted share, 180 percent better than 1999's second quarter net income of $6.2 million, or $0.14 per...Read full article

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    Published: July 2000
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