National Instruments (NATI) Declares $0.19 Quarterly Dividend; 2.7% Yield

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Go back to National Instruments (NATI) Declares $0.19 Quarterly Dividend; 2.7% Yield

National Instruments (NATI) Tops Q3 EPS by 5c; Announces Acquisition of Micropross

October 27, 2015 4:24 PM EDT

National Instruments (NASDAQ: NATI) reported Q3 EPS of $0.24, $0.05 better than the analyst estimate of $0.19. Revenue for the quarter came in at $300 million versus the consensus estimate of $304.2 million.

NATI also announced its acquisition of Micropross, a company based near Lille, France, a technology innovator and leading supplier of test systems for Near Field Communications (NFC), smart cards, and wireless charging test systems. Micropross will continue to operate as a wholly owned NI subsidiary under the leadership of the existing management team.

As more and more consumer and IoT devices incorporate capabilities such as mobile... More