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.

Earnings

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.

Past Earnings Performance

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.

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