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Since 1976, National Instruments (www.ni.com) has equipped engineers and scientists with tools that accelerate productivity, innovation and discovery. NI's graphical system design approach to engineering provides an integrated software and hardware platform that speeds the development of any system needing measurement and control. The company's long-term vision and focus on improving society through its technology supports the success of its customers, employees, suppliers and shareholders.

Q1 2017 Highlights

  • Revenue of $300 million, up 5 percent year over year with core revenue up 7 percent year over year
  • GAAP gross margin of 74.5 percent, up 100 basis points year over year
  • Non-GAAP gross margin of 75.3 percent, up 55 basis points year over year
  • Fully diluted GAAP EPS of $0.14 and fully diluted non-GAAP EPS of $0.21
  • GAAP operating income up 61% year over year
  • Non-GAAP operating income up 37% year over year
  • GAAP net income of $18 million
  • EBITDA of $42 million
  • Cash and short-term investments of $365 million as of March 31, 2017
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