National Instruments (NATI) Tops Q3 EPS by 20c, Offers Q4 Guidance

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Go back to National Instruments (NATI) Tops Q3 EPS by 20c, Offers Q4 Guidance

NI Reports Third Quarter Results

October 29, 2020 4:20 PM EDT

Revenue of $308 million, above midpoint of guidance

Q3 2020 Summary

GAAP Revenue of $308 million, down 9 percent year over year Fully diluted GAAP EPS of $(0.04) and fully diluted non-GAAP EPS of $0.23 EBITDA of $19 million for the third quarter Cash and short-term investments of $290 million as of September 30, 2020

First Three Quarters of 2020 Summary

GAAP Revenue of $919 million, down 7 percent year over year Fully diluted GAAP EPS of $1.06 and fully diluted non-GAAP EPS of $0.74 EBITDA of $242 million for the first nine... More