Cognex Corp (LTS:0I14)
$ 36.5665 -0.1184 (-0.33%) Market Cap: 6.29 Bil Enterprise Value: 6.08 Bil PE Ratio: 70.65 PB Ratio: 3.95 GF Score: 86/100
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Cognex Corp at Robert W Baird Global Consumer, Technology & Services Conference Transcript

Jun 04, 2019 / 06:00PM GMT
Release Date Price: $42.02 (+3.02%)
Richard Charles Eastman
Robert W. Baird & Co. Incorporated, Research Division - Senior Research Analyst

All right. Good afternoon. I think we will get started here. So thank you for joining us for the Cognex presentation. Again I'm Rick Eastman, Senior analyst here at Baird; and Rob Mason, my wingman. The 2 of us are the advanced industrial equipment team. So thank you for joining us for Cognex.

Just as a quick introduction, Cognex is a unique company, which brings vision, recognition software and artificial intelligence to the industrial automation markets. Cognex worldwide growth opportunity is very significant and that the company's technology enables automation equipment to perform key functions such as identification and guidance at very quick speeds and accuracy.

Cognex has a dominant position in the machine vision industry by any measurement, including installed base, patents or brand recognition. Management has placed additional emphasis on building out its global sales and marketing infrastructure and accelerated its focus on new product initiatives. Both of these efforts

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