Welcome to our dedicated page for National Instruments Corporation news (Ticker: NATI), a resource for investors and traders seeking the latest updates and insights on National Instruments Corporation stock.
National Instruments Corporation (NATI) is a pioneering entity in the field of engineering and scientific technology solutions, established in 1976. With a focus on accelerating productivity and fostering rapid innovation, NI provides powerful and flexible technology solutions that cater to a broad spectrum of industries including healthcare, automotive, consumer electronics, and particle physics. Headquartered in Austin, Texas, NI boasts approximately 6,400 employees and maintains direct operations in over 40 countries.
The company's integrated hardware and software platform is utilized by a diverse customer base of more than 35,000 companies worldwide. Prominent among NI's offerings is its off-the-shelf software, LabVIEW, and its modular, cost-effective hardware. NI's business model is robust, with no single industry accounting for more than 15 percent of its revenue, ensuring a balanced and diversified portfolio.
Recent achievements include significant advancements in their software and hardware capabilities, forging critical partnerships, and expanding their global reach. Financially, NI remains stable with consistent revenue streams from a wide range of sectors. The continuous innovation and commitment to solving major engineering challenges are key drivers of NI’s success.
For the latest updates and news about National Instruments Corporation, including performance, events, and other developments, visit our news section regularly.
Motorcar Parts of America (Nasdaq: MPAA) announced a collaboration through its subsidiary D&V Electronics with NI (Nasdaq: NATI) to market Power Hardware-in-the-loop (Power-HIL) emulator test solutions for electric vehicle manufacturers.
This partnership aims to enhance testing efficiency and reduce design cycle times for electric powertrains, facilitating faster market entry. The D&V Electronics Detroit Technical Center will be utilized for system development and customer engagement, reinforcing D&V's power emulation capabilities with NI's automation and measurement technology.
NI (NASDAQ: NATI) has joined the NYU WIRELESS research center at NYU Tandon School of Engineering as an Industrial Affiliate. This collaboration aims to advance wireless research, particularly focusing on terahertz (THz) frequencies critical for 6G technology. NI's previous partnership with NYU WIRELESS on 5G technology in 2012 paves the way for this renewed effort. The partnership will enhance access to cutting-edge research and engineering talent, driving innovations in wireless communications.
NI (Nasdaq: NATI) has announced a series of upcoming events targeting the financial community. Key dates include:
- Q1 2021 Earnings Call: April 29, 2021, at 4:00 p.m. CT
- Needham Virtual Technology and Media Conference: May 17, 2021
- JP Morgan Virtual Technology Conference: May 24, 2021
- Baird Virtual Consumer, Technology & Services Conference: June 8, 2021
- Bank of America Virtual Global Technology Conference: June 9, 2021
Webcasts will be available for these events at the NI investor relations website.
NI (NASDAQ: NATI) has partnered with Code2College, donating $400,000 to their Vision 2024 initiative aimed at placing 200 Black and Latinx women in STEM roles by 2024. This investment marks the largest financial commitment to the program. NI employees are set to volunteer as instructors and facilitate technical skills workshops. Code2College anticipates a 300% increase in intern placements this summer, reaching 75 students. This initiative aligns with NI’s 2030 Corporate Impact Strategy, enhancing STEM access for underrepresented students.
NI (NASDAQ: NATI) has announced its support for the Texas Rocket Engineering Lab (TREL) at the University of Texas at Austin, which aims to launch a powerful 28-foot liquid bipropellant rocket named Halcyon by the end of 2021. NI will provide over $150,000 worth of data-acquisition equipment to aid TREL's testing efforts in preparation for an ambitious space mission, including a hotfire test yielding over 2,500 pounds of thrust. TREL's participation in the Base11 Space Challenge offers a chance to win a $1 million grand prize for a successful launch.
MaxLinear (NYSE: MXL) has integrated its dual-band RF power amplifier (PA) linearization algorithms into NI's (NASDAQ: NATI) RFIC test software. This collaboration aims to enhance the validation of wideband cellular infrastructure PA designs, improving power efficiency and minimizing non-linear effects. This partnership addresses the growing need for efficient RF front-end designs in 5G networks, offering substantial advantages in ACLR and EVM. The integration enables engineers to reduce power consumption in 4G and 5G RF radio units, facilitating quicker product development cycles.
National Instruments (Nasdaq: NATI) reported Q4 2020 revenue of $368 million, marking a slight year-over-year increase and setting an all-time quarterly record. Total orders increased 7 percent, with larger orders (over $20,000) rising 13 percent. GAAP operating income fell to $13 million, down 75 percent year-over-year. Non-GAAP diluted EPS was $0.51. The company plans to pay a dividend of $0.27 per share. For Q1 2021, revenue guidance is set between $324 million and $354 million.
NI (NASDAQ: NATI) has partnered with Konrad Technologies (KT) to develop advanced test systems for validating autonomous driving software and hardware. This strategic agreement aims to enhance vehicle safety and accelerate the adoption of autonomous vehicles (AVs) by integrating NI’s software-connected solutions with KT’s system expertise. The collaboration will focus on high bandwidth data recording and hardware-in-the-loop testing, addressing the complexities of AV validation. This partnership underscores the necessity of collaboration to tackle the challenges in bringing self-driving technology to market.
NI (Nasdaq: NATI) reported preliminary Q4 2020 financial results, anticipating GAAP revenue of $367 million, flat year-over-year, and non-GAAP revenue of $369 million, reflecting a 19% sequential increase. The company estimates a 7% increase in overall orders year-over-year, driven by growth across all regions and sectors, including a notable 19% growth in China. Cash reserves at quarter-end are estimated at $320 million. While EPS is expected to meet previous guidance, increased restructuring charges are noted.
NI (Nasdaq: NATI) has announced its upcoming events with the financial community. The NATI Q4 2020 Earnings Call is scheduled for January 28, 2021, at 4:00 p.m. CT. Additionally, NI will participate in the Needham Virtual Growth Conference on January 13, 2021 and the Goldman Sachs Virtual Technology & Internet Conference on February 11, 2021. Live webcasts of these events will be available on their investor website.
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