Cognex Corporation (OQ:CGNX)

Sector:  Industrials Industry:  Industrial Machinery & Equipment
See Regulatory Filings on SEC
Company Contact
Address: 1 Vision Dr
NATICK MA 01760-2083
Tel: 1-508-6503353
IR: See website
Key People
Robert J. Shillman
Chairman of the Board, Chief Culture Officer
Robert J. Willett
President, Chief Executive Officer, Director
Paul D. Todgham
Chief Financial Officer, Senior Vice President - Finance, Principal Financial Officer and Principal Accounting Officer
Laura Ann MacDonald
Interim Principal Financial Officer and Principal Accounting Officer, Vice President, Corporate Controller
Sheila Marie DiPalma
Senior Vice President of Employee Services
Business Overview
Cognex Corporation (Cognex) is a provider of machine vision products that capture and analyze visual information in order to automate tasks, primarily in manufacturing processes, where vision is required. The Company operates through the machine vision technology segment. The Company's machine vision products are used to automate the manufacture and tracking of discrete items, such as mobile phones, aspirin bottles and automobile tires, by locating, identifying, inspecting and measuring them during the manufacturing or distribution process. The Company's products include vision software, vision systems, vision sensors and identification (ID) products. Its products range from vision sensors that are integrated, to personal computer (PC)-based systems for users. Its products also have a range of physical forms, depending upon the user's need. Cognex sells its products through a direct sales force, as well as through a global network of integration and distribution partners.
Financial Overview
For the fiscal year ended 31 December 2019, Cognex Corporation revenues decreased 10% to $725.6M. Net income before extraordinary items decreased 11% to $203.9M. Revenues reflect Application-specific customer solutions segment decrease of 37% to $96.4M, Standard products and services segment decrease of 4% to $629.2M, United States segment decrease of 20% to $247.7M, Greater China segment decrease of 9% to $115.1M.
Employees: 2,267 as of Dec 31, 2019
Reporting Currency: U.S. Dollars
Enterprise value: $8,693M as of Dec 31, 2019
Annual revenue (TTM): $725.63M as of Dec 31, 2019
EBITDA (TTM): $167.50M as of Dec 31, 2019
Net annual income (TTM): $203.87M as of Dec 31, 2019
Free cash flow (TTM): $196.36M as of Dec 31, 2019
Net Debt Last Fiscal Year: N/A
Shares outstanding: 172,611,232 as of Jan 26, 2020
Index Membership: S&P 400 Mid Cap
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization