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NATI - National Instruments News Story

$41.16 -0.3  -0.7%

Last Trade - 24/09/21

Sector
Technology
Size
Large Cap
Market Cap £4.00bn
Enterprise Value £3.88bn
Revenue £992.4m
Position in Universe 1392nd / 7172

BUZZ-National Instruments Corp: Rises as forecast impresses

Fri 27th July, 2018 1:32pm
** Software provider's shares  NATI.O  rise 6.7 pct to $45
premarket; stock eyes its highest since April, when co reported
Q1 results
    ** NATI Q2 revenue beats estimates; profit tops estimates
for 7th time in last two years
    ** NATI forecasts Q3 adj EPS of 32-46 cents, well above Wall
St estimates of 27 cents; midpoint of revenue forecast also
beats  urn:newsml:reuters.com:*:nBw9wMxrCa
    ** Q2 helped by higher demand for its products and lower
costs
    ** At current levels, shares looking at biggest one-day gain
since Q4 results in late Jan
    ** NATI up down 1.9 pct in the last 12 months and up 1.3 pct
YTD

 (Reporting by Medha Singh in Bengaluru)
 ((medha.singh@thomsonreuters.com))
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