Monday, September 28, 2015

Cognex Corporation Earnings Analysis

Cognex Corporation delivered a solid set of results for its second quarter, but its guidance for the third quarter was nothing less than a disappointment. In short, management's expectations for revenue fell significantly short of expectations. The news is all the more disconcerting because the company has been taking steps to gear up for growth in precisely the kind of orders and revenue that won't be appearing in the third quarter. What went wrong?


READ THE FULL EQUITY RESEARCH ARTICLE LINKED