By Nicholas G. Miller
Shares of Cognex surged a day after the company reported second-quarter earnings and revenue that beat Wall Street's expectations and said its earnings would not be impacted by tariffs.
The stock was up 21% to $40.97 on Thursday, but is still down 17% over the past 12 months.
The Natick, Mass.-based company, which makes products for automated manufacturing, reported $40.5 million, or 24 cents a share, in net income up from $36.2 million or 21 cents a share the year prior.
Adjusted earnings were 25 cents a share. Analysts expected 24 cents.
Revenue was $249.1 million, up from $239.3 million the previous year. Wall Street expected $246.2 million.
Revenue gains were driven by growth in the company's logistics division and its consumer electronics and packaging business.
Write to Nicholas G. Miller at nicholas.miller@wsj.com.
(END) Dow Jones Newswires
July 31, 2025 13:29 ET (17:29 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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