National Instruments (NATI) Tops Q3 EPS by 9c, Beats on Revenues; Q4 EPS Guidance Above Consensus

October 26, 2017 4:30 PM

National Instruments (NASDAQ: NATI) reported Q3 EPS of $0.32, $0.09 better than the analyst estimate of $0.23. Revenue for the quarter came in at $321 million versus the consensus estimate of $319.79 million.


NI currently expects Q4 revenue to be in the range of $331 million to $361 million, which would be a new Q4 record at the midpoint. Based on current exchange rates, the company expects that the impact of foreign exchange on dollar revenue will be minimal in Q4. The company currently expects that GAAP fully diluted EPS will be in the range of $0.27 to $0.41 for Q4, with non-GAAP fully diluted EPS expected to be in the range of $0.34 to $0.48. Included in the company’s Q4 2017 GAAP EPS guidance is approximately $1 million of restructuring charges. For 2017, NI estimates its non-GAAP effective tax rate to be approximately 21 percent.


National Instruments sees Q4 2017 EPS of $0.34-$0.48, versus the consensus of $0.36. National Instruments sees Q4 2017 revenue of $331-361 million, versus the consensus of $352.6 million.

Q3 2017 Highlights

For earnings history and earnings-related data on National Instruments (NATI) click here.


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