NI (NATI) Misses Q2 EPS by 7c

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NI Reports Record Revenue for a Second Quarter

July 27, 2023 4:03 PM EDT

Strong execution in challenging macro environment

Q2 2023 Summary

Record GAAP revenue for a second quarter of $417 million, up 5 percent year over year Solid Q2 GAAP operating margin of 10% Record Q2 Non-GAAP operating margin of 22% Strong diluted GAAP EPS of $0.23 and diluted non-GAAP EPS of $0.51

AUSTIN, Texas--(BUSINESS WIRE)-- National Instruments Corporation (Nasdaq: NATI) today announced Q2 2023 revenue of $417 million, up 5 percent year over year, a record for a second quarter.

In Q2,... More