National Instruments: Q3 Earnings Snapshot
National Instruments: Q3 Earnings Snapshot
AUSTIN, Texas (AP) _ National Instruments Corp. (NATI) on Thursday reported third-quarter profit of $61.9 million.
On a per-share basis, the Austin, Texas-based company said it had net income of 47 cents. Earnings, adjusted for one-time gains and costs, were 53 cents per share.
The maker of scientific measuring equipment and software posted revenue of $427.9 million in the period.
For the current quarter ending in December, National Instruments expects its per-share earnings to range from 54 cents to 68 cents.
The company said it expects revenue in the range of $435 million to $465 million for the fiscal fourth quarter. Analysts surveyed by Zacks had expected revenue of $479.6 million.
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