The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Andrew Edouard Buscaglia - Joh. Berenberg, Gossler & Co. KG, Research Division - Analyst
: So you gave a -- last quarter, you gave a pretty strong guide for Q3. And you exceeded it by quite a bit. So I'm wondering, where
were you mostly surprised? I mean you called out the e-commerce logistics, consumer electronics. And then you also called out
some online learning, working from home, kind of seems like a pickup in that activity. But where -- I guess, where were you guys
surprised?
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OCTOBER 28, 2020 / 9:00PM, CGNX.OQ - Q3 2020 Cognex Corp Earnings Call
Question: Andrew Edouard Buscaglia - Joh. Berenberg, Gossler & Co. KG, Research Division - Analyst
: Okay. Yes, it was quite a -- yes, I haven't seen it quite a beat like that on your own guidance in some time. So it's just interesting that
those trends are even stronger than you anticipated.
Question: Andrew Edouard Buscaglia - Joh. Berenberg, Gossler & Co. KG, Research Division - Analyst
: Yes, I imagine. And I wanted to ask you, too, on the AI deep learning. You made a comment that the D900 was your most successful
product launch. What -- I guess, what's behind that statement? It doesn't seem like it's too material right now. I know you're tying it
to more automotive. So as a follow-up, where -- if we were to try to model in some material impact next year from this, which end
markets do we assume that comes in?
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