Welcome to our dedicated page for National Instrs news (Ticker: NATI), a resource for investors and traders seeking the latest updates and insights on National Instrs stock.
The NATI news page on Stock Titan provides an archive of announcements and press releases related to National Instruments Corporation (NI), which historically traded under the NATI symbol on Nasdaq. These news items document NI’s activities as a producer of software-connected automated test and measurement systems and its subsequent acquisition by Emerson.
In this archive, readers can review company updates such as NI’s quarterly earnings releases, which describe its net sales mix between product and software maintenance and discuss its focus on high-growth subsegments and global execution. Product and technology announcements highlight areas like automated wireless test and measurement, semiconductor test analytics through the NI Global Operations platform, high-density battery cyclers and emulators for electric vehicle and energy applications, and PXI-based RF instruments such as the PXIe-5842 Vector Signal Transceiver for aerospace, defense, and wireless testing.
The news feed also includes software-focused updates, including enhancements to LabVIEW, NI’s long-standing software for data acquisition, instrument control, and automation, as well as collaborations aimed at improving package-related workflows for developers. In addition, NI appears in broader industry and research news, such as its role in advanced wireless research testbeds where NI software defined radios support mid-band connectivity.
Because NI has been acquired by Emerson and its common stock has ceased trading on Nasdaq, the NATI news stream serves as a historical record of NI’s public communications. Investors, engineers, and researchers can use this page to trace NI’s product evolution, strategic direction, and the context of its integration into Emerson’s Test & Measurement segment.
NI (NASDAQ: NATI) has announced its acquisition of OptimalPlus, which will now be part of the Open Manufacturing Platform (OMP). This consortium, led by major industry players like BMW and Microsoft, aims to enhance manufacturing efficiency through advanced technologies. The integration of OptimalPlus is expected to facilitate a standardized approach to data management in manufacturing, allowing for better implementation of AI and big data analytics, ultimately driving innovation and operational improvements.
Electro Rent and NI (NASDAQ: NATI) have formed a strategic partnership to rent NI's automated test and measurement solutions, starting in North America, with a global expansion planned for 2021. This collaboration aims to provide customers with flexible rental options that shift capital expenditures to operational expenditures, enhancing their ability to access critical solutions quickly. The partnership is expected to boost productivity and innovation across various industries, including aerospace and defense.
NI (NASDAQ: NATI) announced the publication of T/CAAMTB 15-2020, a standard for testing millimeter wave (mmWave) automotive radars by the China Association for Automobile Manufacturers. This standard aims to enhance safety for Advanced Driver Assistance Systems (ADAS) by establishing unified testing requirements for radar manufacturers. Radsys, an NI Partner, played a crucial role in creating the standard alongside Tsinghua University Suzhou Automobile Research Institute. The new standard simplifies testing processes, promoting rapid advancements in autonomous vehicle technology.
National Instruments (NATI) reported Q3 2020 revenue of $308 million, a 9% decline year over year but a 2% increase sequentially. Orders decreased by 7% year over year, with notable declines in EMEA (16%) and APAC (7%). GAAP gross margin was 70%, while non-GAAP was 74%. GAAP operating loss was $(2) million, but non-GAAP operating income stood at $40 million. The company expects Q4 GAAP revenue between $333 million and $363 million. NI has $290 million in cash, paid $34 million in dividends, and repurchased 446,502 shares at an average price of $34.86 per share.
NI (Nasdaq: NATI) will host several key events for the financial community, including its Q3 2020 Earnings Call on October 29, 2020 at 4:00 p.m. CT. Other events include participation in the Baird Industrial Conference on November 10, 2020, the Stifel Growth Conference on November 11, 2020, and the RBC TIMT Conference on November 17, 2020. These events will be accessible via a live webcast for interested investors.