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National Instruments Corp (NATI) Tops Q1 EPS by 1c; Guides Q3

July 29, 2013 4:15 PM EDT
National Instruments Corp (NASDAQ: NATI) reported Q1 EPS of $0.18, $0.01 better than the analyst estimate of $0.17.

National Instruments Corp sees Q3 2013 EPS of $0.10-$0.22, versus the consensus of $0.17.

Looking out to Q4, National Instruments is adjusting its spending plans to reflect the more difficult industry conditions. The company currently expects its total non-GAAP operating expenses will decline sequentially in Q4 and that non-GAAP operating expenses will be approximately $181million, plus or minus $3 million in Q4. National Instruments expects this to result in a significantly improved operating margin in Q4.

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


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