Cognex Corp Q3 Income Climbs 83%

(RTTNews) - Cognex Corp (CGNX) released earnings for its third quarter that advanced from last year.

The company said its bottom line advanced to $91.96 million, or $1.03 per share. This was higher than $50.28 million, or $0.56 per share, in last year's third quarter.

The company said revenue for the quarter rose 75.6% to $259.74 million. This was up from $147.95 million last year.

Cognex Corp earnings at a glance:

-Earnings (Q3): $91.96 Mln. vs. $50.28 Mln. last year. -Earnings Growth (Y-o-Y): 82.9% -EPS (Q3): $1.03 vs. $0.56 last year. -EPS Growth (Y-o-Y): 83.9% -Revenue (Q3): $259.74 Mln vs. $147.95 Mln last year. -Revenue Change (Y-o-Y): 75.6%

-Guidance: Next quarter revenue guidance: $170 - $180 Mln