Cognex(CGNX) - 2024 Q1 - Quarterly Results
CGNXCognex(CGNX)2024-05-02 18:03

Exhibit 99.1 Cognex Reports First Quarter 2024 Results May 2, 2024―NATICK, MA—Cognex Corporation (NASDAQ: CGNX) today reported financial results for the first quarter of 2024. Table 1 below shows selected financial data for Q1-24 compared with Q1-23 and Q4-23. “Our first quarter results reflected a challenging, yet stable business environment,” said Robert J. Willett, CEO of Cognex. “Revenue across most of our factory automation end markets was down year-on-year in the quarter. Revenue improved sequentially ...