Cognex Corp
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Information Technology : Electronic Equipment, Instruments & Components | Mid Cap Growth
Company profile

Cognex Corporation is a provider of machine vision products that capture and analyze visual information to automate manufacturing and distribution tasks where vision is required. The Company offers a range of machine vision systems and sensors, vision software, and industrial image-based barcode readers designed to meet customer needs. Its products range from vision sensors that conducts simple presence/absence inspections, to deep learning solutions that solve complex applications with defects and deviations. Its In-Sight vision systems and sensors, which includes two dimensional (2D), three dimensional (3D) and deep learning models, which performs a range of inspection tasks, including part location, identification, measurement, assembly verification, and robotic guidance. Its Cognex VisionPro software offers a range of patented vision tools, including both traditional rule-based tools and deep learning-enabled tools for advanced programming.

Closing Price
Day's Change
1.94 (4.22%)
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WeWork CFO Dunham to be step down after less than 2 years in the role

6:41 am ET May 26, 2022 (MarketWatch)

WeWork Inc. (WE) said Thursday that Andre Fernandez will become the flexible work space provider's chief financial officer, effective June 10. He will succeed current CFO Ben Dunham, who was appointed to that role in October 2020. The stock was still inactive in premarket trading. Fernandez was most recently CFO of NCR Corp. (NCR), a consumer transactions software company. WeWork also affirmed the the second-quarter revenue guidance it provided in April of $800 million to $825 million, which compares with the current FactSet consensus of $826 million. The company also edged up its 2022 revenue guidance range to $3.40 billion to $3.50 billion from $3.35 billion to $3.50 billion, which compares with the FactSet consensus of $3.49 billion. WeWork's stock has tumbled 21.1% year to date, while the S&P 500 has shed 16.5%.

-Tomi Kilgore


(END) Dow Jones Newswires

May 26, 2022 06:41 ET (10:41 GMT)

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