National Instruments: Q2 Earnings Snapshot

July 28, 2022 GMT

AUSTIN, Texas (AP) _ National Instruments Corp. (NATI) on Thursday reported second-quarter net income of $12.4 million.

The Austin, Texas-based company said it had profit of 9 cents per share. Earnings, adjusted for one-time gains and costs, were 36 cents per share.

The maker of scientific measuring equipment and software posted revenue of $395.5 million in the period.

For the current quarter ending in October, National Instruments expects its per-share earnings to range from 46 cents to 60 cents.

The company said it expects revenue in the range of $410 million to $440 million for the fiscal third quarter. Analysts surveyed by Zacks had expected revenue of $415.4 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NATI at https://www.zacks.com/ap/NATI