This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Cognex Corporation Reports Fantastic Second Quarter Results

Cognex Corporation (NASDAQ: CGNX) today announced its financial results for the second quarter of 2011. Revenue, net income, and net income per share for the quarter and six months ended July 3, 2011 are compared to the prior quarter and the second quarter and first six months of 2010 in Table 1 below.

Table 1

     

 

Revenue

   

Net

Income

   

Net

Income per

Diluted Share

Quarterly Comparisons

                 
Current quarter: Q2-11     $ 83,393,000       $ 19,097,000       $ 0.45  
Prior year’s quarter: Q2-10     $ 71,811,000       $ 14,927,000       $ 0.38  
Change from Q2-10 to Q2-11       16 %       28 %       19 %
Prior quarter: Q1-11     $ 74,394,000       $ 13,636,000       $ 0.32  
Change from Q1-11 to Q2-11       12 %       40 %       38 %

Year to Date Comparisons

                 
Six months ended July 3, 2011     $ 157,787,000       $ 32,733,000       $ 0.77  
Six months ended July 4, 2010     $ 130,778,000       $ 23,472,000       $ 0.59  
Change from first six months of 2010 to first six months of 2011      

21

%

     

39

%

     

30

%

           




1 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,024.06 +183.54 1.03%
S&P 500 2,108.29 +22.78 1.09%
NASDAQ 5,005.3910 +63.9670 1.29%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs