JOEL WILLIAMS, NEWS EDITOR [email protected]NATICK, Mass., Nov. 2, 2023 — Cognex continues to feel the effects of soft demand for capital equipment, the machine vision industry leader said this week, as the company released financial results for its 2023 third quarter. The company pointed to slow economic recovery in China as a force behind its revenue report, which saw a 6% year-over-year quarterly decrease, and which totaled $197 million for the quarter and $641 million for the nine-month period starting Jan. 1. Cognex said that strategic product releases during the quarter, which ended Sept. 30, and its recent acquisition of machine vision optics...Read full articleRelated content from Photonics MediaArticlesSPIE Names 2024 Prism Award WinnersSPIE, the international society for optics and photonics, recognized the top innovations in new optics and photonics products at the 2024 Prism Awards held at Photonics West on Jan. 31. 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Founded...Photonics Buyers' Guide