| Business Summary | | Cognex
Corporation
designs,
develops,
manufactures
and
markets
a
wide
range
of
machine
vision
products.
These
products
include
modular
vision
systems
that
are
used
to
control
the
manufacturing
of
discrete
items,
such
as
semiconductor
chips,
cellular
phones
and
automobile
wheels,
by
locating,
identifying,
inspecting
and
measuring
them
during
the
manufacturing
process.
The
Company's
product
offerings
also
include
surface
inspection
vision
systems
that
are
used
to
inspect
surfaces
of
materials
that
are
processed
in
a
continuous
fashion,
such
as
plastics,
metals
and
paper,
to
ensure
that
there
are
no
flaws
or
defects
on
the
surfaces.
The
Company
has
tailored
its
product
offerings
to
match
the
characteristics
of
its
two
customer
types,
original
equipment
manufacturers
and
end
users. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Cognex
Corporation
designs,
develops,
manufactures
and
markets
machine
vision
systems
that
are
used
to
automate
a
wide
range
of
manufacturing
processes
where
vision
is
required.
For
the
six
months
ended
7/1/01,
revenues
fell
30%
to
$81.6
million.
Net
income
fell
79%
to
$6.9
million.
Results
reflect
the
worldwide
slowdown
in
capital
equipment
spending
by
manufacturers
in
the
semiconductor
and
electronics
industries
and
higher
personnel-related
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Robert Shillman, 54 Chairman,
Pres, CEO | $869K | $9.1M | Richard Morin, 51 CFO
and VP of Fin. | 286K | 168K | James Hoffmaster COO | -- | -- | Patrick Alias, 55 Exec.
VP of Worldwide Sales and Marketing | 525K | 4.5M | William Silver, 47 Sr.
VP, CTO | -- | -- | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|