05:49 PM EDT, 07/31/2024 (MT Newswires) -- Cognex ( CGNX ) reported Q2 adjusted earnings late Wednesday of $0.23 per diluted share, down from $0.33 a year earlier.

Analysts polled by Capital IQ expected $0.21.

Revenue for the quarter that ended June 30 was $239.3 million, down from $242.5 million a year earlier.

Analysts surveyed by Capital IQ expected $239.9 million.

The company expects Q3 revenue to be between $225 million and $240 million. Analysts polled by Capital IQ expect $243.5 million.

Shares of Cognex ( CGNX ) were trading 6.5% lower in after-hours activity.

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