National Instruments Corp Q4 Profit Misses Estimates

National Instruments Corp (NATI) reported earnings for fourth quarter that missed the Street estimates.

The company's earnings totaled $40.1 million, or $0.30 per share. This compares with $40.3 million, or $0.30 per share, in last year's fourth quarter.

Excluding items, National Instruments Corp reported adjusted earnings of $82.8 million or $0.63 per share for the period.

Analysts on average had expected the company to earn $0.64 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 6.6% to $448.3 million from $420.6 million last year.

National Instruments Corp earnings at a glance (GAAP) :

-Earnings (Q4): $40.1 Mln. vs. $40.3 Mln. last year.
-EPS (Q4): $0.30 vs. $0.30 last year.
-Analyst Estimates: $0.64
-Revenue (Q4): $448.3 Mln vs. $420.6 Mln last year.

Next quarter EPS guidance: $0.48 - $0.62
Next quarter revenue guidance: $415-$445 mln

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