AUSTIN, TX -- National Instruments said first-quarter sales fell 1% year-over-year to $285 million, but higher backlogs suggest upside later this year.

Backlogs rose $7.5 million and deferred revenue increased $6 million in the quarter. GAAP net income was $18.7 million, up a fraction from last year. Gross margin was 75% and operating margin was 8%.

"Although [the quarter] remained challenging, we received record orders for a first quarter, which indicates continued strong interest from customers in our software-based modular platform," said Dr. James Truchard, president, CEO and co-founder. "We remained focused on spending discipline as well as leveraging our investments to further our platform offering so customers can continue to solve the toughest engineering challenges."

Sales were down 4% in the Americas, up 6% in Europe, up 1% in East Asia and down 10% in Emerging Markets. 

NI guided for June quarter sales of $296 million to $324 million.

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