Quarterly Financial Reports, New Orders, Upcoming Earnings and Conference Call Schedules - Research Report on Cognex, Geospace, FEI, Cepheid and ESCO
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NEW YORK, November 1, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting Cognex Corporation (NASDAQ: CGNX), Geospace Technologies Corporation (NASDAQ: GEOS), FEI Company (NASDAQ: FEIC), Cepheid (NASDAQ: CPHD) and ESCO Technologies Inc. (NYSE: ESE). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Cognex Corporation Research Report
On October 28, 2013, Cognex Corp. (Cognex) reported its Q3 FY 2013 financial results (period ended September 29, 2013). The Company reported revenue growth of 13.4% YoY to $90.8 million, driven by a strong 18% YoY growth from the factory automation market. Net income came in at $20.7 million or $0.23 per share, compared to $17.8 million or $0.20 per share in Q3 FY 2012. Commenting on the results, Dr. Robert J. Shillman, Chairman of Cognex said, "We set new quarterly records for both revenue and net income during what is typically a seasonally soft quarter for Cognex. Sales of our machine vision products were particularly strong in the factory automation market; in fact, we set a new quarterly revenue record in that market as well." The Company expects revenue for Q4 FY 2013 to be between $93 million and $96 million. The Full Research Report on Cognex Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/b62b_CGNX]
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Geospace Technologies Corporation Research Report
On October 28, 2013, Geospace Technologies Corp. (Geospace) announced that it has received an order from a subsidiary of Seafloor Geophysical Solutions Holdings Ltd. (SGS) for a marine data acquisition system comprised of 2,304 stations of the Company's OBX deep water seafloor nodes and related equipment. "We are pleased that SGS has selected our nodal technology for their seafloor data acquisition needs. Our OBX marine nodal technology has been successfully deployed on various marine ocean bottom seismic surveys across the globe. We are committed to supporting SGS' marine data acquisition efforts as they enter in this important sector of the geophysical industry," said Gary D. Owens, Geospace's President and CEO. The Company reported an order value of $29.4 million and stated that the delivery of the OBX system is currently scheduled to occur late in Q2 FY 2014 (period ending March 31, 2014). The Full Research Report on Geospace Technologies Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/c1f6_GEOS]
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FEI Company Research Report
On October 29, 2013, FEI Company (FEI) reported its Q3 FY 2013 financial results (period ended September 29, 2013). The Company reported total revenue of $218.5 million during the quarter, compared to $221.8 million in Q3 FY 2012. Net income for the quarter totaled $28.6 million, compared with $29.2 million in Q3 FY 2012, while diluted EPS came in at $0.67 compared with $0.71 in Q3 FY 2012. Don Kania, President and CEO said, "Revenue and earnings were within our expected ranges. Gross margin of 47.9% was up compared with last year's third quarter and keeps us on track toward our mid-2015 goal of 50%. Operating cash flow was again very strong. With our record backlog and continued strong bookings, we expect to exit the year with record fourth quarter revenue and earnings." FEI anticipates Q4 2013 revenue to be in the range of $250 million to $260 million and GAAP EPS to be in the range of $0.87 to $0.97. The Full Research Report on FEI Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/f4a7_FEIC]
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Cepheid, Inc. Research Report
On October 17, 2013, Cepheid, Inc. (Cepheid) reported its Q3 2013 financial results with revenues of $100.1 million, up 24.3% YoY. Net loss for the quarter was $1.4 million or $0.02 per share, compared to net loss of $21.3 million or $0.32 per share in Q3 2012. The Company now anticipates full year 2013 revenue to be in the range of $389 to $391 million; net loss in a range from $0.26 to $0.24 per share; and non-GAAP net income in the range of $0.22 to $0.24 per share. The Full Research Report on Cepheid - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/0ed3_CPHD]
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ESCO Technologies Inc. Research Report
On October 25, 2013, ESCO Technologies Inc. (ESCO Technologies) announced the schedule of its earnings conference call. The Company's Q4 FY 2013 financial results will be released on November 11, 2013 at 3:00 p.m. CT. In conjunction with the earnings release, ESCO Technologies will host a conference call at 4:00 p.m. CT, the same day. The Full Research Report on ESCO Technologies Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/ff17_ESE]
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