National Instruments (NATI) Tops Q2 EPS by 6c

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National Instruments Reports Q2 2016 Revenue of $306 Million

July 27, 2016 4:02 PM EDT

Continued Success in Next-Generation 5G Wireless Research

Q2 2016 Highlights

Revenue of $306 million, up 1 percent year over year in U.S. dollar terms with core revenue up 3 percent year over year GAAP gross margin of 75 percent, up 120 basis points sequentially Non-GAAP gross margin of 76 percent, up 110 basis points sequentially Fully diluted GAAP EPS of $0.15 and fully diluted non-GAAP EPS of $0.23 Currency volatility in Q2 resulted in a $0.01 per share loss on foreign exchange EBITDA of $45 million... More