Cognex Corporation (CGNX) CEO Rob Willett on Q3 2020 Results - Earnings Call Transcript

Oct. 28, 2020 10:06 PM ETCognex Corporation (CGNX) StockCGNX
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Q3: 2020-10-28 Earnings Summary

EPS of $0.49 beats by $0.16
 | Revenue of $251.07M (36.96% Y/Y) beats by $37.17M

Cognex Corporation (NASDAQ:CGNX) Q3 2020 Earnings Conference Call October 28, 2020 5:00 PM ET

Company Participants

Susan Conway - Senior Director, Investor Relations
Bob Shillman - Chairman and Founder
Rob Willett - President and Chief Executive Officer
Paul Todgham - Senior Vice President and Chief Financial Officer

Conference Call Participants

Josh Pokrzywinski - Morgan Stanley
Joe Giordano - Cowen and Company
Richard Eastman - Robert W. Baird
Karen Lau - Gordon Haskett
Andrew Buscaglia - Berenberg Capital Markets
Blake Gendron - Wolfe Research

Operator

Greetings and welcome to the Cognex Third Quarter 2020 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.

I would now like to turn this conference over to your host, Susan Conway, Senior Director of Investor Relations. Thank you. You may begin.

Susan Conway

Good evening, everyone. Thank you for joining us today. With us are Cognex’s Chairman, Dr. Bob Shillman; President and CEO, Rob Willett; and Chief Financial Officer, Paul Todgham.

I’d like to point out that our earnings release and quarterly report on Form 10-Q are available on our Investor Relations website at www.cognex.com/investor. Both contain highly detailed information about our financial results. During the call, we may use a non-GAAP financial measure if we believe it is useful to investors or if we believe it will help investors better understand our results or business trends. You can see a reconciliation of certain items from GAAP to non-GAAP in Exhibit 2 of the earnings release.

Any forward-looking statements we made in the earnings release or any that we may make during this call are based upon information that we believe to be true as of today. Things often change however and actual results may differ materially from those projected or anticipated. For a detailed list of risk factors, you should refer to our

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