Benzinga | Jan 28, 2021 05:23PM EST

Recap: National Instruments Q4 Earnings

Shares of National Instruments (NASDAQ:NATI) moved higher in after-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share were down 92.86% over the past year to $0.04, which missed the estimate of $0.13.

Revenue of $367,838,000 higher by 0.10% from the same period last year, which beat the estimate of $359,590,000.

Outlook

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

Details Of The Call

Date: Jan 28, 2021

Time: 05:00 PM

ET Webcast URL: https://edge.media-server.com/mmc/p/ephiumb9

Technicals

Company's 52-week high was at $47.89

52-week low: $20.42

Price action over last quarter: Up 42.26%

Company Description

National Instruments Corp designs, manufactures and sells software and hardware platforms to engineers and scientists. Its suite of application software products includes NI TestStand, targeted for measurement applications in a manufacturing environment; NI VeriStand, targeted for configuring real-time testing applications; and NI DIAdem, which offers tools to interactively mine and analyze data. The company derives revenue primarily from the sale of hardware, software licenses, and related services. A majority of the firm's revenue is generated in the United States, but it has a presence in countries across the world.