National Instruments Earnings Rise
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National Instruments(NATI Quote), a maker of process testing equipment and software for computers, said its second-quarter earnings rose 13.3%.
The Austin, Texas-based company earned $17 million, or 21 cents a share, in the quarter, compared with $15 million, or 19 cents a share, a year ago. After adjustments, the company reported a profit of 25 cents a share. Analysts polled by Thomson First Call were expecting earnings of 19 cents a share in the most recent quarter.
Second-quarter revenue rose 13.7% to $160.1 million, led by strong sales of software, PXI, modular instruments and distributed I/O products, as against analysts' estimate of $161 million. ...
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