AUSTIN, TX -- National Instruments today announced September quarter net income fell 35% from a year ago to $15.8 million. The quarterly revenue of $289 million was up a fraction from a year ago, and $9 million above the midpoint of the company's July guidance.

Orders for the period rose 2% year-over-year, primarily on demand from larger customers (orders above $100,000). Gross margin increased to 74%, up 240 basis points sequentially on change in customer mix.

"We are pleased with the continued success of our RF and CompactRIO products, which represent key focus areas for our business," said Dr. James Truchard, NI co-founder, president and CEO. "As we saw at NIWeek, our customers continue to show strong interest in our strategic product platforms and graphical system design approach for solving the toughest engineering challenges."

Revenue was up 9% in the Americas, 7% in Europe and 24% in Emerging Markets. Revenue declined 27% year-over-year in East Asia as the majority of revenue from the company's largest customer is recognized in this region.

NI expects fourth quarter revenue of $291 million to $321 million.

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