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National Instruments' Q2 Sales Up 17%

Published: 01 August 2008
 by Staff
AUSTIN, TX  -- National Instruments' second-quarter net earnings rose 19% year-over-year on a 17% jump in revenue to $210.5 million.


For the quarter, the company reported income of $24.7 million, up from $20.8 million last year. Revenue was up 6% in the Americas, 29% in Europe and 25% in Asia.

In a statement, president and chief executive James Truchard noted the company's investment in new product development boosted orders. "Our expanding product portfolio combined with our commitment to grow the field sales force should help us continue to expand into new application areas.

The company guided for third-quarter revenue of $208 million to $218 million and fourth-quarter sales of of $231 million to $245 million.

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