National Instruments (NATI) Tops Q1 EPS by 25c, Offers Guidance

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Go back to National Instruments (NATI) Tops Q1 EPS by 25c, Offers Guidance

NI Reports Record Revenue for a First Quarter of $335 Million

April 29, 2021 4:05 PM EDT

Momentum continued with strong YOY order growth across all regions and business units

Q1 2021 Highlights

Revenue of $335 million, up 8 percent year-over-year GAAP gross margin of 72 percent and non-GAAP gross margin of 75 percent Fully diluted GAAP EPS of $0.03 and fully diluted non-GAAP EPS of $0.32 Cash and short-term investments of $299 million as of Mar. 31, 2021

AUSTIN, Texas--(BUSINESS WIRE)-- NI (Nasdaq: NATI) today announced Q1 2021 revenue of $335... More