National Instruments: Q2 Earnings Insights

National Instruments NATI reported its Q2 earnings results on Thursday, July 28, 2022 at 04:05 PM.

Here's what investors need to know about the announcement.

National Instruments beat estimated earnings by 227.27%, reporting an EPS of $0.36 versus an estimate of $0.11.

Revenue was up $48.82 million from the same period last year.

Last quarter the company beat on EPS by $0.19 which was followed by a 9.42% drop in the share price the next day.

Here's a look at National Instruments's past performance:

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	0.22	0.2	0.18	0.05
EPS Actual	0.41	0.6	0.42	0.35
Revenue Estimate	402.72M	404.96M	370.43M	323.89M
Revenue Actual	385.26M	420.64M	367.16M	346.70M

To track all earnings releases for National Instruments visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.