Investor Relations

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 2019 Highlights

• Revenue of $311 million, flat year over year, with increased backlog of $10 million
• GAAP gross margin of 76 percent and non-GAAP gross margin of 78 percent
• GAAP net income of $23 million, down 4 percent year over year
• Non-GAAP net income of $40 million, up 21 percent year over year
• Fully diluted GAAP EPS of $0.17, and fully diluted non-GAAP EPS of $0.30 which was at the midpoint of the company’s guidance
• EBITDA of $42 million
• Cash and short-term investments of $480 million as of March 31, 2019
• Cash flow from operating activities of $277 million for the twelve months ended March 31, 2019, up 27 percent year over year
• 1.035 million shares of common stock repurchased at approximately $45 per share