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National Instruments: 1Q Earnings Snapshot

AUSTIN, Texas (AP) _ National Instruments Corp. (NATI) on Thursday reported first-quarter profit of $132.7 million.

On a per-share basis, the Austin, Texas-based company said it had profit of $1.01. Earnings, adjusted for one-time gains and costs, came to 26 cents per share.

The maker of scientific measuring equipment and software posted revenue of $309.4 million in the period.

National Instruments shares have decreased slightly more than 9% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $38.42, a fall of 18% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NATI at https://www.zacks.com/ap/NATI