NI Reports Second Quarter Revenue of $301 Million
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National Instruments (NATI) Tops Q2 EPS by 17c, Revenues Miss; Offers 3Q EPS/Revenue Outlook
July 30, 2020 4:37 PM EDTNational Instruments (NASDAQ: NATI) reported Q2 EPS of $0.26, $0.17 better than the analyst estimate of $0.09. Revenue for the quarter came in at $301 million versus the consensus estimate of $304.45 million.
Q2 2020 Summary
Revenue of $301 million, down 10 percent year over year and down 8 percent year over year on an organic basisGAAP gross margin of 71 percentNon-GAAP gross margin of 74 percentFully diluted GAAP EPS of $0.08 and fully diluted non-GAAP EPS of $0.26GAAP net income of $11 million and non-GAAP net income of $34 millionEBITDA of $33 million for second... More