Cognex Corporation reports significant growth in both revenue and net income
JULY 20--Cognex Corporation (Natick, MA; www.cognex.com) has announced revenue for the second quarter, ended July 4, 2004, of $54,467,000, and net income of $10,878,000, or $0.23 per diluted share.
JULY 20--Cognex Corporation (Natick, MA; www.cognex.com) has announced revenue for the second quarter, ended July 4, 2004, of $54,467,000, and net income of $10,878,000, or $0.23 per diluted share. These results compare very favorably with both the comparable quarter in 2003 and with the prior quarter. For the six months ended July 4, 2004, Cognex reported revenue of $102,636,000, a 48% increase over revenue of $69,510,000 reported for the same six-month period a year ago. And, net income for the six months ended July 4, 2004, increased 281% to $19,445,000, or $0.41 per diluted share, from $5,099,000, or $0.12 per diluted share, for the comparable period in 2003.
