Cognex Corporation (NASDAQ: CGNX) has announced that it will be unveiling its third quarter financial results on Wednesday 30th October 2024. This announcement is set to occur after market close, allowing investors and analysts to gain valuable insights into the company's performance during the quarter.
As per the predictions of financial analysts on Wall Street, the business is set to report an estimated per share $0.19 profit for the third quarter. Additionally, the company is projected to unveil a revenue of $233.03 million for the period.
According to analysts on Wall Street, the company's full-year performance is projected to result in a total revenue of $906.57 million. Additionally, they forecast the earnings per share to hit profit of $0.68 for the fiscal year.
In the corresponding quarter of the previous year, the company's earnings report revealed a per-share income of $0.16. This significant amount was attributed to the company's remarkable total revenue of $197.24 million generated during that specific period.
In addition, The firm will review the third quarter financial results on 31st October 2024 at 08:30 AM eastern time, in a conference call with public.
Cognex Corporation (CGNX) closed Monday's regular trading session at $39.22, reflecting a 0.98 percent advance, with a volume of 1.43 million shares.
