COGNEX CORP
For the period ended Mar 31, 2024. Filed May 2, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 2, 2024
CGNX$50.80+0.9%Stored close · as of Nov 10, 2026
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Consolidated Statements of Operations for the and
CONSOLIDATED STATEMENTS OF OPERATIONS
(In thousands, except per share amounts)
| Three-months Ended | ||
|---|---|---|
| March 31, 2024 | April 2, 2023 | |
| (unaudited) | ||
| Revenue | $210,797 | $201,124 |
| Cost of revenue | 68,860 | 57,384 |
| Gross margin | 141,937 | 143,740 |
| Research, development, and engineering expenses | 37,105 | 38,542 |
| Selling, general, and administrative expenses | 90,628 | 83,037 |
| Operating income | 14,204 | 22,161 |
| Foreign currency gain (loss) | 46 | 394 |
| Investment income | 3,120 | 3,587 |
| Other income (expense) | 196 | 73 |
| Income before income tax expense | 17,566 | 26,215 |
| Income tax expense | 5,544 | 600 |
| Net income | $12,022 | $25,615 |
| Net income per weighted-average common and common-equivalent share: | ||
| Basic | $0.07 | $0.15 |
| Diluted | $0.07 | $0.15 |
| Weighted-average common and common-equivalent shares outstanding: | ||
| Basic | 171,692 | 172,624 |
| Diluted | 172,594 | 173,903 |
| Cash dividends per common share | $0.075 | $0.070 |
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