Cognex Q4 Profit Rises - Quick Facts

(RTTNews) - Cognex Corporation (CGNX) reported that its fourth-quarter profit increased to $20.44 million or $0.23 per share, from $16.24 million or $0.19 per share, last year. Non-GAAP net income for the quarter was $22.01 million or $0.25 per share.

On average, five analysts polled by Thomson Reuters expected the company to report profit per share of $0.22 for the quarter. Analysts' estimates typically exclude special items.

Revenue increased to $95.70 million, from $82.17 million, a year ago. Analysts expected revenue of $94.67 million for the quarter.

Cognex expects revenue for its first-quarter to be between $88 million and $91 million. The company expects its first-quarter revenue of $91.43 million.