CGNX earnings call for the period ending June 30, 2020.
News & Analysis: Cognex
The machine-vision specialist is laying off workers in an effort to cut costs as COVID-19 hits the company's end markets.
The machine vision company is hoping to get back on the growth path in 2021.
The machine vision company's long-term growth prospects remain intact, but its automotive-related sales will probably be the last to recover from the COVID-19 pandemic.
The machine-vision leader had a tough quarter, but sometimes "not that bad" is good enough.
The machine-vision company reported first-quarter results.
CGNX earnings call for the period ending March 29, 2020.
An analyst downgrade is to blame, but also the "machine vision" specialist's own margins performance.
All three have fallen hard during the 2020 coronavirus crash, but their stocks outpaced the market on Friday's huge close to the week.
The coronavirus scare is weighing heavy on these otherwise solid businesses.