National Instruments (NATI) Tops Q3 EPS by 17c, Q4 EPS Guiance Beats

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National Instruments Reports Record Revenue and Record Net Income for a Third Quarter

October 25, 2018 4:02 PM EDT

NI well positioned for long-term growth driven by major market trends

Q3 2018 Highlights

Revenue of $346 million, up 8 percent year over year GAAP gross margin of 74 percent Non-GAAP gross margin of 77 percent Fully diluted GAAP EPS of $0.32 and fully diluted non-GAAP EPS of $0.45 GAAP net income of $43 million, up 29 percent year over year Non-GAAP net income of $60 million, up 53 percent year over year EBITDA of $65 million Cash and short-term investments of... More