Cognex Corp.

Cognex Corp. stocks took a 3% hit in early trading on Tuesday as the company reported a continued decline in revenue due to substantially lower smartphone manufacturing sales and struggles with Chinese business.

Natick machine vision systems and bar code reader manufacturer Cognex Corp. has acquired South Korea-based SUALAB for $195 million.

Several publicly traded companies in Central Massachusetts saw their stock prices decline Monday as China announced retaliatory tariffs on $60 billion worth of U.S. goods

Shares of Natick machine vision systems and bar code reader manufacturer Cognex Corp. jumped about 15 percent Tuesday after the company said its second-quarter revenue was a 19-percent increase over last year.

Natick-based Cognex Corp. reported a new revenue high and a 30-percent increase in net income over 2016 in the second quarter.

Machine vision technology developer Cognex Corp. announced two technology acquisitions over the last two months in the areas of 3D vision and industrial ID.

Natick-based Cognex Corp. has reported revenue growth for the second quarter of 2016, with company officials anticipating even more growth in consumer electronics in the future.

Natick-based Cognex Corp. has announced it will expand into a $500 million market with its new, smartphone-based mobile terminals market.

Following a report from Natick-based Cognex Corporation of a year-over-year revenue decline, the company's stock rose as analysts continue to be bullish about the company's future prospects.

In a performance its chairman called “outstanding,” Cognex of Natick reported a second-quarter revenue jump of 56 percent and a 41-percent increase in profits.