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