CGNX Cognex Dashboard

Risks

• Our business has been, and is expected to continue to be, adversely affected by the COVID-19 pandemic.
• Our restructuring activities may result in disruption to our business.
• The loss of, or significant curtailment of purchases by, two large customers could have an adverse effect on our business.
• A continued downturn in the automotive industry may further adversely affect our business.
• The failure of a key supplier to deliver quality product in a timely manner or our inability to obtain components for our products could adversely affect our operating results.
• Our failure to effectively manage product transitions or accurately forecast customer demand could result in excess or obsolete inventory and resulting charges.
• Our products may contain design or manufacturing defects, which could result in reduced demand, significant delays, or substantial costs.
• If we fail to attract and retain key talent and maintain our unique corporate culture, our business and operating results could suffer.
• If we fail to effectively manage our growth, our business and operating results could suffer.
• Our inability to achieve growth in revenue and profits from our logistics business may negatively impact our operating results.
• Our failure to introduce new products in a successful and timely manner could result in the loss of our market share and a decrease in our revenues and profits.
• Our failure to properly manage the distribution of our products and services could result in the loss of revenues and profits.
• Increased competition may result in decreased demand or prices for our products and services.
• Implementation of our acquisition strategy may not be successful, which could affect our ability to increase our revenue or profitability and result in the impairment of acquired intangible assets.
• Business system disruptions may adversely affect our business.
• Information security breaches may adversely affect our business.
• If we fail to successfully protect our intellectual property, our competitive position and operating results could suffer.
• We are at risk for impairment charges with respect to our investments or acquired intangible assets, which could have a material adverse effect on our results of operations.
• We may have additional tax liabilities, which could adversely affect our operating results and financial condition.
• Fluctuations in foreign currency exchange rates and the use of derivative instruments to hedge these exposures could adversely affect our reported results, liquidity, and competitive position.
• Unfavorable global economic conditions may negatively impact our operating results.
• Economic, political, and other risks associated with international sales and operations could adversely affect our business and operating results.
• Our Company may be subject to time-consuming and costly litigation.