Cognex reports record Q2 revenue and OneVision adoption
Cognex reported record Q2 revenue of $291 million, up 17%, and said hundreds of customers were using its generally available OneVision AI machine-vision platform.
Evidence notes
- Quarterly revenue increased 17% year over year to $291 million, or 16% in constant currency.
- Cognex issued full-year revenue guidance of $1.13 billion to $1.15 billion.
- OneVision reached general availability, with hundreds of customers using the platform to configure and deploy AI-powered vision applications.
Company context
Cognex is a machine-vision company providing hardware and software that help automated systems inspect, identify and guide objects in industrial environments. Its products support factory automation, logistics and robotic guidance.