National Instruments Provides Q4 Business Update
The company currently expects its Q4 financial results to be within the following ranges:
- Revenue:
$270 million to $290 million compared with the prior range of$265 million to $295 million - GAAP EPS:
$0.13 to $0.23 compared with the prior range of$0.11 to $0.25 - Non-GAAP EPS:
$0.19 to $0.29 compared with the prior range of$0.17 to $0.31
A reconciliation of the company's Q4 2012 guidance on a GAAP basis to its guidance on a non-GAAP basis is included as part of this news release.
Conference Call Information
Interested parties can listen to the Q4 2012 business update conference call today,
Forward-Looking Statements
This release contains "forward-looking statements," including statements related to NI's guidance for Q4 2012 revenue and Q4 2012 fully diluted GAAP and non-GAAP EPS. These statements are subject to a number of risks and uncertainties, including the risk of adverse changes or fluctuations in the global economy, component shortages, delays in the release of new products, fluctuations in customer demand for NI products, the company's ability to effectively manage its operating expenses, manufacturing inefficiencies, adjustments to acquisition earn-out accruals, foreign exchange fluctuations and the impact of NI's recent and any future acquisitions. Actual results may differ materially from the expected results.
The company directs readers to its Form 10-K for the fiscal year ended
About
Since 1976,
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Reconciliation of GAAP to Non-GAAP EPS Guidance | |||||
(unaudited) | |||||
Three months ended | |||||
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Low |
High | ||||
GAAP fully diluted EPS, guidance |
$ |
0.13 |
$ |
0.23 | |
Adjustments to reconcile diluted EPS to non-GAAP diluted EPS: |
|||||
Impact of stock-based compensation, net of tax effect |
0.04 |
0.04 | |||
Impact of amortization of acquisition intangibles, net of tax effect |
0.02 |
0.02 | |||
Non-GAAP diluted EPS, guidance |
$ |
0.19 |
$ |
0.29 |
Contact: |
|
Investor Relations | |
(512) 683-8456 |
SOURCE
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