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Cognex Reports Record Quarterly Revenue – Consumer Electronics Net

Cognex Reports Record Quarterly Revenue – Consumer Electronics Net
consumerelectronicsnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from consumerelectronicsnet.com Daily Mail and Mail on Sunday newspapers.

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Peoples Bancorp Inc. Announces Second Quarter 2021 Results

Peoples Bancorp Inc. Announces Second Quarter 2021 Results
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Cognex Reports Record First Quarter Results – Consumer Electronics Net

Cognex Reports Record First Quarter Results – Consumer Electronics Net
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Peoples Bancorp Inc. Announces First Quarter 2021 Results

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MARIETTA, Ohio, April 20, 2021 /PRNewswire/ Peoples Bancorp Inc. ( Peoples ) (Nasdaq: PEBO) today announced results for the three months ended March 31, 2021. Peoples reported net income of $15.2 million for the first quarter of 2021, representing earnings per diluted common share of $0.79. In comparison, Peoples recognized earnings per diluted common share of $1.05 for the fourth quarter of 2020 and a loss per diluted common share of $0.04 for the first quarter of 2020.
Non-core items, and the related tax effect of each, contained in net income (loss) included gains and losses on investment securities and asset disposals and other transactions, acquisition-related expenses, pension settlement charges, severance expenses, COVID-19-related expenses and a contribution to Peoples Bank Foundation, Inc. Non-core items negatively impacted earnings per diluted common share by $0.11 for the first quarter of 2021, $0.07 for the ....

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Cognex Announces Q4 2020 Results – Consumer Electronics Net

36%
Non-GAAP net income per diluted share excludes restructuring and other charges that occurred predominantly in Q2-20, and tax adjustments for all periods presented. A reconciliation from GAAP to Non-GAAP is shown in Exhibit 2 of this news release.
“It’s hard to call 2020 a ‘good’ year, but we are, nevertheless, pleased with the financial results that we were able to achieve,” said Dr. Robert J. Shillman, Founder and Chairman of Cognex. “We set a new record for both Q4 and annual revenue despite significant economic disruption and weakness in the automotive industry. Importantly, we remained focused on long-term growth opportunities, which we believe has positioned us well going into 2021.” ....

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