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COGNEX NEWS RELEASE Cognex Reports Record Quarterly Revenue 8/5/2021 NATICK , Mass .-- ( BUSINESS WIRE ) -- Cognex Corporation ( NASDAQ : CGNX ) today reported financial results for the second quarter of 2021. Cognex announced the highest quarterly revenue in the company's 40 - year history and new records for second quarter revenue , net income , and net income per diluted share . Table 1 below shows selected financial data for Q2-21 compared with Q2-20 and Q1-21 , and for the six months of 2021 compared with the same period in 2020 . Quarterly Comparisons Current quarter : Q2-21 Prior year's quarter : Q2-20 Change : Q2-20 to Q2-21 Prior quarter : Q1-21 Change : Q1-21 to Q2-21 Year - to - Date Comparisons Table 1 ( Dollars in thousands , except per share amounts ) Six months ended July 4 , 2021 Six months ended June 28 , 2020 Change from first six months of 2020 to first six months of 2021 Revenue Net Income / ( Loss ) $ 269,158 $ 169,097 59 % $ 239,027 13 % $ 508,185 $ 336,332 51 % $ 77,598 $ ( 1,142 ) N / M $ 69,848 11 % $ 147,446 $ 19,335 663 % Net Income / ( Loss ) per Diluted Share $ 0.43 $ ( 0.01 ) N / M $ 0.39 10 % $ 0.82 $ 0.11 645 % Non - GAAP Net Income per Diluted Share * $ 0.43 $ 0.18 139 % $ 0.36 19 % $ 0.79 $ 0.29 172 % * Non - GAAP net income per diluted share excludes restructuring and other charges and discrete tax adjustments . Notably , Cognex recorded charges totaling over $ 42 million in Q2-20 that reduced earnings for the quarter by $ 0.19 per diluted share . A reconciliation from GAAP to Non - GAAP is shown in Exhibit 2 of this news release . " What a quarter ! " said Robert J. Willett , Chief Executive Officer of Cognex . " Revenue was the highest in our company's 40 - year history and grew substantially year over year due to strong , broad - based demand for Cognex products . We were also highly profitable and reported an operating margin of 34 % , which is well above our 30 % long - term target . " 1