UPDATE 1-TABLE-Cognex Q2 earnings fall; gives Q3 view

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Wed Aug 15, 2007 5:07pm EDT

 (Adds Q3 view)
 Aug 15 (Reuters) -
                            COGNEX CORP. (CGNX.O)
 (In $)                         Latest    Yr ago qtr
 EPS (diluted)                    0.09     0.24
 EPS, before items (dil)          0.14     0.27
 Net (million)                     3.8     11.4
 Revenue (million)                54.7     63.1
 Reuters Estimates: EPS $0.11, revenue $53.4 million.
 --The machine vision systems maker forecast third-quarter
earnings of 5 cents to 10 cents a share on revenue of $50
million to $55 million.
 --Excluding stock-option expenses and operating expenses,
Cognex said it expects earnings of 9 cents to 14 cents a share
for the third quarter.
 --For the third-quarter, analysts on average expect the
company to earn 15 cents a share, excluding exceptional items,
on revenue of $57.9 million, according to Reuters Estimates.
 --Shares of the company fell 7.7 percent to $20 in late
electronic trade, after closing at $21.66 Wednesday on the
Nasdaq.
 (Reporting by Ramya Dilip in Bangalore)


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