National Instruments (NATI) Misses Q1 EPS by 44c; Not Providing Guidance
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National Instruments Reports Q1 2020 Revenue of $309 Million
April 30, 2020 4:04 PM EDTCompany in a position of strength with steady year-over-year revenue results and strong balance sheet
Q1 2020 Highlights
Revenue of $309 million, down less than 1 percent year-over-year Organic revenue growth of approximately 2 percent year-over-year GAAP gross margin of 73 percent and non-GAAP gross margin of 76 percent GAAP net income of $133 million, which includes $123 million gain, net of tax, related to AWR divestment Non-GAAP net income of $34 million, down 15 percent year-over-year Fully diluted GAAP EPS of $1.01 and fully diluted non-GAAP EPS of $0.26 EBITDA of $189 million Cash and... More