Cognex Corporation (CGNX) Presents at Morgan Stanley's 14th Annual Laguna Conference Transcript

Cognex Corporation ( CGNX ) Morgan Stanley's 14th Annual Laguna Conference September 16, 2026 10:45 AM EDT Company Participants Dennis Fehr - Senior VP of Finance & CFO Conference Call Participants Sean Patrick Keresey Presentation Sean Patrick Keresey All right. Good morning, everyone. I'm Sean Keresey. I'm the Managing Director on our Investment Banking side. I'm joined today by Dennis Fehr, Chief Financial Officer of Cognex. And on behalf of the Morgan Stanley folks, welcome to our 14th Annual Laguna Conference. So Cognex is one of the leading industrial companies in machine vision, an early innovator in AI and a key element of the factory floor. You're coming off Q2, which was a record for you guys. You upgraded, what was it, 4 of the 5 key end markets for yourself, which is great to hear. Question-and-Answer Session Sean Patrick Keresey So again, thanks for joining us. Maybe just to kick us off, give us a little bit about what Cognex does and where you guys are kind of at in the industrial supply chain? Dennis Fehr Senior VP of Finance & CFO Sure, absolutely. First of all, thanks a lot for having me. Good morning, everyone. Thanks for being here early morning. As already introduced by Sean, my name is Dennis Fehr, Chief Financial Officer at Cognex. And at Cognex, we solve some of the most challenging machine vision tasks in the industry. That means we are helping our customers across different verticals. We'll probably talk a little bit more about these to inspect, inspect their either finished products or some of their components they use to identify, think about like parts in the production or also in the logistics, warehouse automation, e-commerce, type of space, and then we also help to gauge and to measure. So think