Cognex Q2 revenue slips 1% to $239 million; diluted EPS falls to $0.21 from $0.33
Cognex reported second-quarter 2024 revenue of $239 million, down 1% from a year earlier, with GAAP diluted earnings per share of $0.21 versus $0.33 in Q2 2023. Its Q3 2024 revenue outlook of $225 million to $240 million implies a slight sequential decline, and the board declared a $0.075 quarterly dividend.
Key points
- Q2 2024 revenue was $239 million, down from $243 million in Q2 2023; operating income fell 41% to $38 million
- GAAP diluted EPS was $0.21 versus $0.33 a year earlier; adjusted diluted EPS was $0.23
- Q3 2024 revenue is expected between $225 million and $240 million
- Quarterly dividend of $0.075 per share is payable August 29, 2024, to holders of record on August 15, 2024
The filing
Written by AI on Nov 8, 2026, 1:17 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 31, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.