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NI clocks up record revenues

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Edited by the Electronicstalk editorial team Jul 28, 2005

National Instruments has reported second quarter revenue of $141 million, an increase of 11% compared with the second quarter of 2004 and up 9% sequentially.

National Instruments has reported second quarter revenue of $141 million, an increase of 11% compared with the second quarter of 2004 and up 9% sequentially.

Fuelled by record revenue from new products released in the last two years, this represents the highest quarterly revenue in the company's history.

GAAP fully diluted earnings per share (EPS) for Q2 were $0.19 with GAAP net income of $15 million, up 32% from Q2 2004.