MarketPR
The number that moved the setup for Cognex Corporation (NASDAQ: CGNX) is a $310 million midpoint, the company's third-quarter revenue guidance that would mark a second consecutive quarterly record.
Second-quarter revenue reached approximately $290 million, itself a record. Chief Financial Officer Dennis Fehr presented both figures at a company news event. The Q3 print is the next milestone to watch.
Margins running well above the stated long-term range Adjusted EBITDA margin hit 32% in the second quarter, up from 17% in 2024.
Third-quarter guidance calls for a 33% midpoint, above the company's stated annual long-term range of 25% to 31%. Fehr said Q2 generated 100% revenue flow-through to the bottom line.
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