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Cognex Corporation (CGNX) CEO Rob Willett on Q1 2021 Results - Earnings Call Transcript

May 06, 2021 10:28 PM ETCognex Corporation (CGNX)
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Cognex Corporation (NASDAQ:CGNX) Q1 2021 Earnings Conference Call May 6, 2021 5:00 PM ET

Company Participants

Susan Conway - Director of Investor Relations

Rob Willett - President and Chief Executive Officer

Paul Todgham - Senior Vice President of Finance and Chief Financial Officer

Conference Call Participants

Richard Eastman - Robert W. Baird & Co

Joe Giordano - Cowen & Company

Matt Summerville - D.A. Davidson

Andrew Buscaglia - Berenberg

Jairam Nathan - Daiwa Capital Markets


Greetings, and welcome to Cognex First Quarter 2021 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, Ms. Susan Conway, Director of Investor Relations. Thank you. You may begin.

Susan Conway

Thank you. Good evening, everyone. Welcome to our first quarter earnings conference call. With us are Rob Willett; Cognex's President and CEO; Paul Todgham, our Chief Financial Officer. We will start with prepared remarks and then open the call for questions.

I'd like to remind you that our earnings release and quarterly report on Form 10-Q are available in the Investor Relations section of our website at www.cognex.com/investor. Both contain detailed information about our financial results. During the call, we may use non-GAAP financial measure if we believe it is useful to investors or we think it will help investors better understands 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. However, things can change, and actual results differ materially from those projected or anticipated. For a detailed list of risk factors, you should refer to our SEC filings, including our most

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