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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.
National Instruments Corporation (Nasdaq: NATI) reported a record GAAP revenue of $396 million for Q2 2022, marking a 14% year-over-year increase. Total orders surged 20% year over year, with notable growth across regions: 33% in the Americas, 16% in APAC, and 7% in EMEA. The company achieved a GAAP diluted EPS of $0.09 and a non-GAAP diluted EPS of $0.36. NI reaffirms its 2023 guidance, projecting a 300 basis point increase in non-GAAP operating margin. As of June 30, 2022, NI held $111 million in cash and equivalents, and paid $37 million in dividends.
NI (NASDAQ: NATI) showcased its innovative Satellite Link Emulator (SLE) at the Farnborough Air Show from July 18-22, 2022. This advanced solution aims to enhance the testing of next-gen satellite communication links through a hardware-in-the-loop approach, ensuring high fidelity and flexibility. The SLE integrates Ansys Systems Tool Kit with NI PXI hardware, addressing challenges in Low Earth Orbit and Medium Earth Orbit satellite applications. NI's SVP emphasized the importance of collaboration in achieving faster design cycles and improved system validation, ultimately enhancing mission success rates.
NI (NASDAQ: NATI) is showcasing innovative products at the Farnborough Air Show, focusing on enhancing performance and reducing time to market for the aerospace sector. Key products include the Satellite Link Emulator and T&E Scenario Generator, designed to address the complexities of modern aerospace testing. The T&E Scenario Generator uses simulated environments for accurate testing, while the Satellite Link Emulator facilitates validation of satellite datalinks via real-time hardware integration. These advancements aim to streamline the testing process for top manufacturers in the aerospace industry.
NI (Nasdaq: NATI) will release its Q2 2022 financial results on Thursday, July 28, 2022, after market close at 4:00 p.m. Central Time. An audio webcast of the earnings call, along with presentation slides, will be accessible on the company's investor relations website. This event presents an opportunity for investors to gain insights into the company’s financial performance and future outlook.
NI (Nasdaq: NATI) has unveiled a fast convergence cross-correlation measurement technique that enhances error vector magnitude (EVM) performance in Wireless LAN (WLAN) signals. This patented technology boosts accuracy and measurement speed, allowing WLAN manufacturers to meet new WiFi7 standards efficiently. The method reduces measurement times by up to 100x compared to traditional approaches, facilitating quicker market readiness. NI aims to support clients in achieving superior RF performance while optimizing test times and manufacturing yields.
National Instruments (NATI) has announced a commitment to STEM education, granting
NI (NASDAQ: NATI) is unveiling its next generation of products and solutions at NI Connect Austin, its first in-person event since 2019. The showcased offerings emphasize a software-connected approach, enhancing product performance and reducing time to market. Key innovations include the Battery Test System for EV testing, DataStudio for engineering data management, and ActiveUptime for predictive maintenance. These advancements aim to improve operational efficiency, lower costs, and aid engineers in developing safer, reliable products faster.
National Instruments (NATI) has launched a new Radar Target Generation (RTG) Driver, enhancing its Vector Signal Transceiver (VST) RF instrument with real-time radar testing abilities. This new capability supports closed-loop testing, enabling engineers to detect design issues prior to open-air range tests, thus improving confidence in radar performance. The RTG Driver allows for the injection of multiple independent virtual targets and is designed to meet varying radar system requirements. Leveraging standard RF hardware, it combines multiple testing functions into one instrument.
NI (NASDAQ: NATI) has launched ActiveUptime™, a Maintenance-as-a-Service solution aimed at improving condition monitoring and predictive maintenance for test equipment. This service enables proactive system health monitoring to prevent equipment failures, which account for significant unplanned downtime costs. ActiveUptime™ includes hardware and software to collect system data and provide real-time monitoring through customizable dashboards. The solution can be implemented quickly, enhancing operational efficiency and minimizing maintenance expenses.
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