Cognex Corp Expects Q3 Revenue $180M-$200M Vs $250.36M Est
Portfolio Pulse from Benzinga Newsdesk
Cognex Corp has projected its Q3 revenue to be between $180M and $200M, which is significantly lower than the estimated $250.36M.
August 04, 2023 | 12:49 pm
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Cognex Corp's lower than expected Q3 revenue forecast could negatively impact its stock price.
Cognex Corp's projected Q3 revenue is significantly lower than the estimated $250.36M. This shortfall could lead to a negative sentiment among investors, potentially causing a drop in the company's stock price in the short term.
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