National Instruments (NATI) Tops Q3 EPS by 5c; Announces Acquisition of Micropross
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NI Acquires Micropross, Strengthens Platform for Wireless Test
October 27, 2015 4:05 PM EDTAcquisition further strengthens NIs capability in wireless test and expands addressable market Micropross is an industry leading provider of software test solutions for Near Field Communication and wireless charging
AUSTIN, Texas--(BUSINESS WIRE)-- National Instruments (Nasdaq: NATI), a leading provider of platform-based test systems that enable engineers and scientists to solve the worlds greatest engineering challenges, today announced its acquisition of Micropross, a company based near Lille, France, a technology innovator and leading supplier of test systems for Near Field Communications... More
NI Declares Quarterly Dividend
October 27, 2015 4:02 PM EDTAUSTIN, Texas--(BUSINESS WIRE)-- The NI (Nasdaq: NATI) Board of Directors approved a quarterly dividend of $0.19 per share on the companys common stock. This dividend is payable on Nov. 30, 2015, to stockholders of record on Nov. 9, 2015.
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NI Reports Q3 Revenue of $300 Million
October 27, 2015 4:00 PM EDTCore Revenue up 5 Percent Year Over Year
Q3 2015 Highlights
Revenue of $300 million, down 4 percent year over year in U.S. dollar terms with core revenue up 5 percent year over year Growth in LabVIEW seats driven by NIs success in enterprise agreements and the continued broad adoption of PXI GAAP operating margin of 11 percent Non-GAAP operating margin of 14 percent Fully diluted GAAP EPS of $0.18 and fully diluted non-GAAP EPS of $0.24 EBITDA of $51 million or $0.40 per... More