Cognex CorporationCognex reported strong Q1 earnings beat and raised guidance above consensus.
Cognex reported first-quarter revenues of $268.4 million, up 24.3% year on year and exceeding analyst expectations by 9.3%, making it the top performer among eight specialized technology stocks tracked. The company also beat earnings per share estimates and raised its revenue guidance above consensus. Overall, the group posted a 4.2% revenue beat and next-quarter guidance 3.9% above estimates, though average share prices have declined 3.7% since reporting. PAR Technology delivered the highest full-year guidance raise, while OSI Systems recorded the slowest revenue growth and weakest guidance update, with its stock falling 25.7%.
Cognex CorporationCognex reported strong Q1 earnings beat and raised guidance above consensus.
Zebra Technologies Corporation
OSI Systems IncOSI Systems recorded the slowest revenue growth and weakest guidance update, with stock falling 25.7%.
PAR Technology CorporationPAR Technology delivered the highest full-year guidance raise.
NAPCO Security Technologies Inc