Cognex Corp Profit Climbs In Q1
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Cognex Corp (CGNX) reported a profit increase in Q1, with earnings of $51.7 million ($0.31 per share), up from $23.6 million ($0.14 per share) last year. Revenue rose 24.1% to $268 million from $216 million. Adjusted earnings were $0.34 per share. For the next quarter, EPS guidance is $0.40 to $0.44, and revenue guidance is $280 million to $300 million.
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