Cognex Corp (NAS:CGNX)
$ 40.41 0.18 (0.45%) Market Cap: 6.93 Bil Enterprise Value: 6.72 Bil PE Ratio: 79.24 PB Ratio: 4.42 GF Score: 89/100

Cognex Corp at Raymond James Institutional Investors Conference Transcript

Mar 08, 2022 / 07:15PM GMT
Release Date Price: $64.72 (-2.50%)
Brian A. Gesuale
Raymond James & Associates, Inc., Research Division - Senior VP & Research Analyst

Good afternoon, everyone. I'm Brian Gesuale, senior analyst covering the industrial tech space for Raymond James. Thank you for joining us after lunch here today.

I'm delighted to have Cognex here to present their story with the company's Chief Financial Officer, Paul Todgham, here to take us through it. This is one of my favorite ideas, perpetual double-digit grower, lots of embedded technology around machine vision, deep learning, artificial intelligence and others. They're certainly entering 2022 with most of their end markets in pretty healthy shape and it's one that we think can be a perpetual double-digit top line grower and has the bones of gross margins in the mid-70s.

So with that, Paul is going to take us through some slides and some introductory points, then we're going to engage in some Q&A.

Paul D. Todgham
Cognex Corporation - Senior VP of Finance & CFO

Awesome. Thanks, Brian. All right. Yes. Hi, everyone. It's a

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