National Instruments (NATI) Tops Q1 EPS by 8c

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National Instruments Reports Record Revenue for a First Quarter of $300 Million

April 27, 2017 4:02 PM EDT

9 percent year over year order growth and strong operating leverage

Q1 2017 Highlights

Revenue of $300 million, up 5 percent year over year with core revenue up 7 percent year over year GAAP gross margin of 74.5 percent, up 100 basis points year over year Non-GAAP gross margin of 75.3 percent, up 55 basis points year over year Fully diluted GAAP EPS of $0.14 and fully diluted non-GAAP EPS of $0.21 GAAP operating income up 61% year over year Non-GAAP operating income up 37% year over year... More