This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

National Instruments' CEO Presents At Deutsche Bank 2012 Technology Conference (Transcript)

Stocks in this article: NATI

National Instruments Corporation (NATI)

Deutsche Bank 2012 Technology Conference Transcript

September 11, 2012 11:10 AM ET


Alex Davern - Chief Operating Officer


Brian - Deutsche Bank


Brian - Deutsche Bank

Welcome to the National Instruments presentation here at the Deutsche Bank 2012 Technology Conference. With us today, Alex Davern, he is the Chief Operating Officer for National Instruments. He has been with the company for at least 18 years, almost from the founding. So he knows it well.

They're a leader in computer-based testing and automation, their record revenues in Q2. The company is very broad-based. They're in the test and measurement space. There's a lot of players in this space. One thing we like about this area is its stability but also its profitability is an area of our industry that tends to be very profitable.

So, Alex is going to talk a little bit about the company, then we're going to jump right into Q&A. Alex?

Alex Davern

Thank you very much, [Brian]. I wonder if we could close out the door at the back. Thank you very much. Appreciate it. So I was going to do three or four introductory slides. I recognize some of the faces in the room. So you may have seen the presentation before and then we’ll switch to Q&A which I enjoy much more than repeating these slides I have to say.

So as Brian said, National Instruments is a leader in computer-based measurement and automation. We crossed over $1 billion in revenue last year. It’s a very much an organic growth for company. We have global operations, over 6,000 people, half of which are engineers. So we invested tremendous money into intellectual property of our people.

1 of 3

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,356.87 +288.00 1.69%
S&P 500 2,012.89 +40.15 2.04%
NASDAQ 4,644.3120 +96.4780 2.12%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs