Cognex(CGNX) - 2024 Q1 - Quarterly Results

Note: Numbers shown may not foot due to rounding. Cognex Reports First Quarter 2024 Results Table 1 (Dollars in thousands, except per share amounts) • Gross margin was 67.3% for Q1-24 compared to 71.5% for Q1-23 and 68.7% for Q4-23. We recorded $3 million in acquisition charges and amortization of intangible assets in cost of revenue in the quarter, primarily related to the Moritex acquisition. Adjusted gross margin was 68.8% for Q1-24 compared to 71.8% for Q1-23 and 70.7% for Q4-23, in line with our prior ...