National Instruments (NASDAQ:NATI) reported its Q2 earnings results on Thursday, July 28, 2022 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
National Instruments beat estimated earnings by 227.27%, reporting an EPS of $0.36 versus an estimate of $0.11.
Revenue was up $48.82 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.19 which was followed by a 9.42% drop in the share price the next day.
Here's a look at National Instruments's past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.22 | 0.2 | 0.18 | 0.05 |
| EPS Actual | 0.41 | 0.6 | 0.42 | 0.35 |
| Revenue Estimate | 402.72M | 404.96M | 370.43M | 323.89M |
| Revenue Actual | 385.26M | 420.64M | 367.16M | 346.70M |
To track all earnings releases for National Instruments visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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