Cognex reports results for the first quarter of 2020

Cognex reports results for the first quarter of 2020.qtrly revenue $167.2 million versus $173.5 million.qtrly book value per common share $7.73.qtrly earnings per share $0.12.qtrly adjusted earnings per share $0.11.q1 earnings per share view $0.08, revenue view $157.4 million -- refinitiv ibes data.impact of the covid-19 outbreak has expanded and accelerated into q2.expects to report a decline in both revenue and earnings per share, excluding discrete tax items, for q2.q2 operating expenses are expected to decline by greater than 10% from q1 as a result of lower discretionary spending.
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