Finance

The firm generated €77.4m so far this year; third quarter revenue was €25.2m, 10 per cent above the previous quarter

Orders taken by the company have weakened over the second and third quarter of 2020, but the expectation is an improvement in Q4

Cognex posted revenue of $251m in Q3 thanks to large customer deployments in the consumer electronics sector, along with a strong performance in logistics

The robotics market in North America is down 18 per cent so far compared to the same period last year

The company said that shifts in demand, particularly in the areas of sports and entertainment, infrastructure and automotive, had a negative impact

Basler recorded sales of €88.9m for the first half of 2020, but has seen a decline in order intake at the end of the second quarter. Meanwhile, Flir's Q2 2020 results show a demand for thermal cameras for fever screening

Growth in logistics partially offset the weak automotive market year-on-year, and more than offset it on a sequential basis

Isra Vision's revenue fell nine per cent to €64.6m over the first half of its financial year, with impacts from Covid-19 in Asia from January, and in America and Europe towards the end of the second quarter

The job cuts are part of steps Cognex is taking to lower expenses because of deteriorating market conditions. The firm's CEO and chairman will waive their salaries, and the company’s board of directors have waived their cash fees for the remainder of the year

Cognex's revenue declined 4 per cent in Q1-20, but said the Covid-19 outbreak had only a modest adverse impact on business in the quarter. It expects further decline in Q2-20