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Product category: Board-Level Instruments
News Release from: National Instruments
Edited by the Electronicstalk Editorial Team on 01 May 2007

NI grows income in a tough quarter

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National Instruments has reported first quarter revenues of us $172 million.

National Instruments has reported first quarter revenues of us $172 million, up 11% from Q1 2006 Diluted earnings per share (EPS) for Q1 2007 were 23 cents with net income of $19 million

This represents a 51% increase in net income compared with Q1 2006.

Non-GAAP diluted EPS in Q1 2007 was 28 cents with non-GAAP net income of $22.5 million, up 39% from Q1 2006.

For Q1 2007, non-GAAP operating margin was 15.5%, up from 13% in Q1 2006.