Latest news with #MattMoschner
Korea Herald
23-05-2025
- Business
- Korea Herald
IMA E-COMMERCE Partners with Cognex for Sustainable and Efficient Order Fulfillment
Partnership leverages AI vision systems and barcode readers NATICK, Mass., May 15, 2025 /PRNewswire/ -- Cognex Corporation (NASDAQ: CGNX), the leader in industrial machine vision, today announced IMA E-COMMERCE, part of the IMA Group, is enhancing order fulfillment efficiency and sustainability with Cognex's advanced In-Sight ® vision systems and DataMan ® barcode readers. "Customers want a solution that helps them meet sustainability goals by reducing their environmental impact, and they aren't willing to take risks when it comes to quality or package integrity," said Simone Capponcelli, Sales Manager & Division Coordinator at IMA E-COMMERCE. The partnership with Cognex delivers high-quality, reliable vision systems that provide both the accuracy and waste reduction demanded by e-commerce companies. Meeting Sustainable Fulfillment Needs IMA E-Commerce integrates Cognex technology into their automated logistics solutions to tackle several key industry challenges: IMA uses Cognex's machine vision systems and barcode readers to help ensure sustainable and accurate packaging in multiple ways. AI-based inspection verifies package integrity and seals, and IMA's solutions align with sustainability regulations, reducing plastic use and meeting eco-friendly packaging demands. "At Cognex, reducing waste is both a business and sustainability priority," said Matt Moschner, Cognex's President and COO. "We're proud to help IMA E-COMMERCE give their customers the tools to both achieve their sustainability goals and to improve efficiency." IMA E-COMMERCE and Cognex share a commitment to innovation and plan to continue to develop new solutions for logistics automation. Capponcelli summarized his experience of working with Cognex in just three words: "Reliability, performance, quality." More details and a video highlighting the partnership are available at About Cognex Corporation Cognex Corporation invents and commercializes technologies that address some of the most critical manufacturing and distribution challenges. We are a leading global provider of machine vision products and solutions that improve efficiency and quality in high-growth-potential businesses across attractive industrial end markets. Our solutions blend physical products and software to capture and analyze visual information, allowing for the automation of manufacturing and distribution tasks for customers worldwide. Machine vision products are used to automate the manufacturing or distribution and tracking of discrete items, such as mobile phones, electric vehicle batteries and e-commerce packages, by locating, identifying, inspecting, and measuring them. Machine vision is important for applications in which human vision is inadequate to meet requirements for size, accuracy, or speed, or in instances where substantial cost savings or quality improvements are maintained. Cognex is the world's leader in the machine vision industry, having shipped more than 4.5 million image-based products, representing over $11 billion in cumulative revenue, since the company's founding in 1981. Headquartered in Natick, Massachusetts, USA, Cognex has offices and distributors located throughout the Americas, Europe, and Asia. For details, visit
Cision Canada
15-05-2025
- Business
- Cision Canada
IMA E-COMMERCE Partners with Cognex for Sustainable and Efficient Order Fulfillment Français
Partnership leverages AI vision systems and barcode readers NATICK, Mass., May 15, 2025 /CNW/ -- Cognex Corporation (NASDAQ: CGNX), the leader in industrial machine vision, today announced IMA E-COMMERCE, part of the IMA Group, is enhancing order fulfillment efficiency and sustainability with Cognex's advanced In-Sight ® vision systems and DataMan ® barcode readers. "Customers want a solution that helps them meet sustainability goals by reducing their environmental impact, and they aren't willing to take risks when it comes to quality or package integrity," said Simone Capponcelli, Sales Manager & Division Coordinator at IMA E-COMMERCE. The partnership with Cognex delivers high-quality, reliable vision systems that provide both the accuracy and waste reduction demanded by e-commerce companies. Meeting Sustainable Fulfillment Needs IMA E-Commerce integrates Cognex technology into their automated logistics solutions to tackle several key industry challenges: Reducing costs and waste caused by excess void space Meeting consumer demand for sustainable packaging Scaling operations efficiently through automation IMA uses Cognex's machine vision systems and barcode readers to help ensure sustainable and accurate packaging in multiple ways. AI-based inspection verifies package integrity and seals, and IMA's solutions align with sustainability regulations, reducing plastic use and meeting eco-friendly packaging demands. "At Cognex, reducing waste is both a business and sustainability priority," said Matt Moschner, Cognex's President and COO. "We're proud to help IMA E-COMMERCE give their customers the tools to both achieve their sustainability goals and to improve efficiency." IMA E-COMMERCE and Cognex share a commitment to innovation and plan to continue to develop new solutions for logistics automation. Capponcelli summarized his experience of working with Cognex in just three words: "Reliability, performance, quality." More details and a video highlighting the partnership are available at About Cognex Corporation Cognex Corporation invents and commercializes technologies that address some of the most critical manufacturing and distribution challenges. We are a leading global provider of machine vision products and solutions that improve efficiency and quality in high-growth-potential businesses across attractive industrial end markets. Our solutions blend physical products and software to capture and analyze visual information, allowing for the automation of manufacturing and distribution tasks for customers worldwide. Machine vision products are used to automate the manufacturing or distribution and tracking of discrete items, such as mobile phones, electric vehicle batteries and e-commerce packages, by locating, identifying, inspecting, and measuring them. Machine vision is important for applications in which human vision is inadequate to meet requirements for size, accuracy, or speed, or in instances where substantial cost savings or quality improvements are maintained. Cognex is the world's leader in the machine vision industry, having shipped more than 4.5 million image-based products, representing over $11 billion in cumulative revenue, since the company's founding in 1981. Headquartered in Natick, Massachusetts, USA, Cognex has offices and distributors located throughout the Americas, Europe, and Asia. For details, visit Media Contact Jeremy Sacco Senior Manager, Global Content Marketing Cognex Corporation [email protected]
Yahoo
15-05-2025
- Business
- Yahoo
IMA E-COMMERCE Partners with Cognex for Sustainable and Efficient Order Fulfillment
Partnership leverages AI vision systems and barcode readers NATICK, Mass., May 15, 2025 /CNW/ -- Cognex Corporation (NASDAQ: CGNX), the leader in industrial machine vision, today announced IMA E-COMMERCE, part of the IMA Group, is enhancing order fulfillment efficiency and sustainability with Cognex's advanced In-Sight® vision systems and DataMan® barcode readers. "Customers want a solution that helps them meet sustainability goals by reducing their environmental impact, and they aren't willing to take risks when it comes to quality or package integrity," said Simone Capponcelli, Sales Manager & Division Coordinator at IMA E-COMMERCE. The partnership with Cognex delivers high-quality, reliable vision systems that provide both the accuracy and waste reduction demanded by e-commerce companies. Meeting Sustainable Fulfillment Needs IMA E-Commerce integrates Cognex technology into their automated logistics solutions to tackle several key industry challenges: Reducing costs and waste caused by excess void space Meeting consumer demand for sustainable packaging Scaling operations efficiently through automation IMA uses Cognex's machine vision systems and barcode readers to help ensure sustainable and accurate packaging in multiple ways. AI-based inspection verifies package integrity and seals, and IMA's solutions align with sustainability regulations, reducing plastic use and meeting eco-friendly packaging demands. "At Cognex, reducing waste is both a business and sustainability priority," said Matt Moschner, Cognex's President and COO. "We're proud to help IMA E-COMMERCE give their customers the tools to both achieve their sustainability goals and to improve efficiency." IMA E-COMMERCE and Cognex share a commitment to innovation and plan to continue to develop new solutions for logistics automation. Capponcelli summarized his experience of working with Cognex in just three words: "Reliability, performance, quality." More details and a video highlighting the partnership are available at About Cognex Corporation Cognex Corporation invents and commercializes technologies that address some of the most critical manufacturing and distribution challenges. We are a leading global provider of machine vision products and solutions that improve efficiency and quality in high-growth-potential businesses across attractive industrial end markets. Our solutions blend physical products and software to capture and analyze visual information, allowing for the automation of manufacturing and distribution tasks for customers worldwide. Machine vision products are used to automate the manufacturing or distribution and tracking of discrete items, such as mobile phones, electric vehicle batteries and e-commerce packages, by locating, identifying, inspecting, and measuring them. Machine vision is important for applications in which human vision is inadequate to meet requirements for size, accuracy, or speed, or in instances where substantial cost savings or quality improvements are maintained. Cognex is the world's leader in the machine vision industry, having shipped more than 4.5 million image-based products, representing over $11 billion in cumulative revenue, since the company's founding in 1981. Headquartered in Natick, Massachusetts, USA, Cognex has offices and distributors located throughout the Americas, Europe, and Asia. For details, visit IR ContactGreer AvivSenior Investor Relations Consultant Cognex Corporationir@ Media ContactJeremy SaccoSenior Manager, Global Content MarketingCognex Corporationpr@ View original content to download multimedia: SOURCE Cognex Corporation View original content to download multimedia: Sign in to access your portfolio
Associated Press
15-05-2025
- Business
- Associated Press
IMA E-COMMERCE Partners with Cognex for Sustainable and Efficient Order Fulfillment
Partnership leverages AI vision systems and barcode readers NATICK, Mass., May 15, 2025 /CNW/ -- Cognex Corporation (NASDAQ: CGNX), the leader in industrial machine vision, today announced IMA E-COMMERCE, part of the IMA Group, is enhancing order fulfillment efficiency and sustainability with Cognex's advanced In-Sight® vision systems and DataMan® barcode readers. 'Customers want a solution that helps them meet sustainability goals by reducing their environmental impact, and they aren't willing to take risks when it comes to quality or package integrity,' said Simone Capponcelli, Sales Manager & Division Coordinator at IMA E-COMMERCE. The partnership with Cognex delivers high-quality, reliable vision systems that provide both the accuracy and waste reduction demanded by e-commerce companies. Meeting Sustainable Fulfillment Needs IMA E-Commerce integrates Cognex technology into their automated logistics solutions to tackle several key industry challenges: IMA uses Cognex's machine vision systems and barcode readers to help ensure sustainable and accurate packaging in multiple ways. AI-based inspection verifies package integrity and seals, and IMA's solutions align with sustainability regulations, reducing plastic use and meeting eco-friendly packaging demands. 'At Cognex, reducing waste is both a business and sustainability priority,' said Matt Moschner, Cognex's President and COO. 'We're proud to help IMA E-COMMERCE give their customers the tools to both achieve their sustainability goals and to improve efficiency.' IMA E-COMMERCE and Cognex share a commitment to innovation and plan to continue to develop new solutions for logistics automation. Capponcelli summarized his experience of working with Cognex in just three words: 'Reliability, performance, quality.' More details and a video highlighting the partnership are available at About Cognex Corporation Cognex Corporation invents and commercializes technologies that address some of the most critical manufacturing and distribution challenges. We are a leading global provider of machine vision products and solutions that improve efficiency and quality in high-growth-potential businesses across attractive industrial end markets. Our solutions blend physical products and software to capture and analyze visual information, allowing for the automation of manufacturing and distribution tasks for customers worldwide. Machine vision products are used to automate the manufacturing or distribution and tracking of discrete items, such as mobile phones, electric vehicle batteries and e-commerce packages, by locating, identifying, inspecting, and measuring them. Machine vision is important for applications in which human vision is inadequate to meet requirements for size, accuracy, or speed, or in instances where substantial cost savings or quality improvements are maintained. Cognex is the world's leader in the machine vision industry, having shipped more than 4.5 million image-based products, representing over $11 billion in cumulative revenue, since the company's founding in 1981. Headquartered in Natick, Massachusetts, USA, Cognex has offices and distributors located throughout the Americas, Europe, and Asia. For details, visit IR Contact Greer Aviv Senior Investor Relations Consultant Cognex Corporation [email protected] Media Contact Jeremy Sacco Senior Manager, Global Content Marketing Cognex Corporation [email protected] View original content to download multimedia: SOURCE Cognex Corporation
Yahoo
14-05-2025
- Business
- Yahoo
CGNX Q1 Earnings Call: CEO Succession and Focus on AI-Driven Growth Amid Mixed Market Signals
Machine vision technology company Cognex (NASDAQ:CGNX) reported revenue ahead of Wall Street's expectations in Q1 CY2025, with sales up 2.5% year on year to $216 million. On the other hand, next quarter's revenue guidance of $245 million was less impressive, coming in 0.6% below analysts' estimates. Its non-GAAP profit of $0.16 per share was 19.4% above analysts' consensus estimates. Is now the time to buy CGNX? Find out in our full research report (it's free). Revenue: $216 million vs analyst estimates of $212 million (2.5% year-on-year growth, 1.9% beat) Adjusted EPS: $0.16 vs analyst estimates of $0.13 (19.4% beat) Adjusted EBITDA: $36.29 million vs analyst estimates of $28.37 million (16.8% margin, 27.9% beat) Revenue Guidance for Q2 CY2025 is $245 million at the midpoint, below analyst estimates of $246.5 million Operating Margin: 12.1%, up from 6.7% in the same quarter last year Free Cash Flow Margin: 17.6%, up from 4.5% in the same quarter last year Market Capitalization: $5.31 billion Cognex's first quarter results were shaped by ongoing investments in product innovation and sales force expansion, as well as solid demand from the logistics and semiconductor sectors. Management highlighted the recent launch of the In-Sight 8900 smart camera, integrating AI for manufacturing automation, and continued progress in reaching new customers through an expanded sales team. CEO Rob Willett attributed margin expansion to disciplined cost management and improved operating leverage, noting, "Our focus on profitability is yielding strong results with an almost 500 basis point year-on-year increase in adjusted EBITDA margin." Looking forward, Cognex outlined a cautious stance for the next quarter, citing persistent macroeconomic uncertainty, evolving trade policy, and specific industry headwinds in automotive and consumer electronics. President and incoming CEO Matt Moschner indicated the company will continue to prioritize AI technology leadership and customer experience, while acknowledging that tariff-related risks and geographic shifts in manufacturing could impact demand patterns. "We will concentrate on three key goals that will generate long-term shareholder value," Moschner stated, emphasizing Cognex's intent to adapt to ongoing changes in the industrial automation landscape. Cognex's management emphasized a combination of leadership transition, product innovation, and evolving end-market dynamics as key influences on Q1 performance and future strategy. CEO transition announced: Rob Willett will retire, and President/COO Matt Moschner will become CEO in June, following a multi-year succession plan involving operational leadership and integration of major acquisitions. AI-powered product launches: The new In-Sight 8900 smart camera, featuring embedded artificial intelligence, was launched to address complex automation challenges for original equipment manufacturers (OEMs), positioning Cognex to expand in electronics and packaging. Sales force transformation: Management continued to invest in expanding and restructuring its sales team, targeting broader market reach, particularly in packaging, healthcare, and emerging industries. The company reported adding 3,000 new customers last year through these efforts. Segment performance trends: Logistics delivered its fifth consecutive quarter of double-digit growth, fueled by ongoing e-commerce investment. Semiconductor demand was strong but faces uncertainty due to tariffs. Meanwhile, automotive revenue declined, and consumer electronics experienced timing-related weakness. Margin and cost management: Adjusted operating expenses declined due to lower headcount and cost discipline, supported by favorable foreign exchange movements. Management stressed ongoing focus on leveraging operating expenses to support profitable growth, particularly as the business mixes shift toward faster-growing but lower-margin segments like logistics. Management's outlook centers on expanding AI-driven product capabilities and sales reach, while navigating ongoing macroeconomic and geopolitical uncertainty, particularly in automotive and semiconductor markets. AI leadership and product expansion: Cognex aims to become the leading provider of AI-enabled machine vision systems, incorporating more AI features into upcoming product lines to address automation needs in diverse industries. Supply chain and tariff risks: The company expects to substantially mitigate current tariff impacts, but acknowledges the risk of further trade policy changes. Global supply chain recalibration and reshoring trends may create long-term opportunities, yet could also delay customer purchasing decisions in the near term. Sales force and market diversification: Efforts to broaden the customer base—especially in packaging, healthcare, and emerging verticals—are expected to reduce cyclicality and support more stable growth, even as traditional sectors like automotive remain pressured. Joe Giordano (TD Cowen): Questioned whether the decline in operating expenses was sustainable or driven by one-time effects. Management cited FX benefits and sales force restructuring, but emphasized ongoing cost discipline for long-term margin leverage. Damian Karas (UBS): Asked about the outlook for consumer electronics given production shifts out of China. Management expects modest growth, with increased automation in new manufacturing locations presenting a potential opportunity for Cognex. Tommy Moll (Stephens Inc.): Sought details on logistics growth and its drivers. Management stated that growth is currently led by large e-commerce customers, with increasing demand for automation in existing distribution centers rather than new facility construction. Andrew Buscaglia (BNP Paribas): Probed whether customer hesitancy or delayed orders were emerging amid macro uncertainty, especially in automotive. Management noted no material changes in order patterns, but described the situation as fluid and highlighted volatility in auto. Kevin Wilson (Truist Securities): Inquired about penetration in packaging and healthcare, and the impact of the emerging customer salesforce initiative. Management described these markets as broad and less cyclical, with the expanded sales team already generating significant new customer additions. In upcoming quarters, the StockStory team will monitor (1) Cognex's progress in integrating AI features across its product portfolio and gaining share in logistics and packaging, (2) the effectiveness of its sales force expansion in driving new customer acquisition and diversifying end-market exposure, and (3) the company's ability to navigate tariff changes and supply chain shifts without significant margin erosion. The June Investor Day and updates on the CEO transition will also serve as important markers for future direction. Cognex currently trades at a forward P/E ratio of 35.5×. Is the company at an inflection point that warrants a buy or sell? Find out in our free research report. Market indices reached historic highs following Donald Trump's presidential victory in November 2024, but the outlook for 2025 is clouded by new trade policies that could impact business confidence and growth. While this has caused many investors to adopt a "fearful" wait-and-see approach, we're leaning into our best ideas that can grow regardless of the political or macroeconomic climate. Take advantage of Mr. Market by checking out our Top 5 Strong Momentum Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 176% over the last five years. Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Kadant (+351% five-year return). Find your next big winner with StockStory today. 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