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Cognex Corporation's (CGNX) CEO Rob Willett on Q2 2022 Results - Earnings Call Transcript

Aug. 02, 2022 10:31 PM ETCognex Corporation (CGNX)
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Cognex Corporation (NASDAQ:CGNX) Q2 2022 Earnings Conference Call August 2, 2022 5:00 PM ET

Company Participants

Susan Conway – Senior Director of Investor Relations

Rob Willett – President and Chief Executive Officer

Paul Todgham – Chief Financial Officer

Conference Call Participants

Joshua Pokrzywinski – Morgan Stanley

Joe Ritchie – Goldman Sachs

Rob Mason – Baird

Joe Giordano – Cowen

Jacob Levinson – Melius Research

Jim Ricchiuti – Needham & Co.

Andrew Buscaglia – Berenberg

Matt Summerville – D.A. Davidson


Greetings, and welcome to the Cognex' Second Quarter 2022 Earnings Conference Call. At this time all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [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, Senior Director of Investor Relations. Thank you, ma'am. You may begin.

Susan Conway

Thank you. Good evening, everyone. Welcome to our second quarter earnings conference call for 2022. With us are Rob Willett, Cognex' President and CEO, and Paul Todgham, our Chief Financial Officer.

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 a non-GAAP financial measure if we believe it is useful to investors or if we think it will help them 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 we believe to be true as of today. However, things can change, and actual results

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