30 April 2012

NI reports record first quarter revenue

National Instruments has announced Q1 non GAAP revenue of $262million, a new first quarter record for the company and a 10% increase from Q1 2011.

Orders were said to be up 13% year over year in Q1, with backlog increasing by $6m. Orders greater than $20,000 also grew 25% year over year and the average order size reached a first quarter record of approximately $4,400.

NI also won the largest application sale in the history of the company during this quarter. Dr James Truchard, co founder, president and ceo, said: "I believe there has been a significant transition toward our graphical system design approach, which involves technology that harnesses productive software and modular hardware.

"I am excited to see our customers using LabVIEW to design their test and control systems and leading the industry to the era of software designed instrumentation."

Author
Simon Fogg

Supporting Information

Websites
http://www.ni.com/

Companies
National Instruments

This material is protected by Findlay Media copyright
See Terms and Conditions.
One-off usage is permitted but bulk copying is not.
For multiple copies contact the sales team.

Do you have any comments about this article?


Add your comments

Name
 
Email
 
Comments
 

Your comments/feedback may be edited prior to publishing. Not all entries will be published.
Please view our Terms and Conditions before leaving a comment.

Related Articles

Cadence buys Jasper for $170m

In a move which is likely to strengthen its verification portfolio, Cadence is ...

Global semi sales climb 5%

Worldwide semiconductor revenue increased to $315billion last year, up 5% from ...

Sensor market back on track

Emerging markets such as the Internet of Things, wearable electronics and the ...

The truth about phase noise

Manufacturers of signal generators set great store by the specification of ...

Focus: Automotive electronics

Magnetic position sensors have been favoured by automotive design engineers ...

The latest trends in T&M

Buying an instrument used to be straightforward, in as much you specified what ...

NI Trend Watch 2014

This report from National Instruments summarises the latest trends in the ...

Real time scope bandwidth

This whitepaper compares the techniques used to extend the bandwidth ...

Inductive sensing applications

This article considers a number of inductive sensing applications to give an ...

Programmable pattern generator

Tektronix has launched a fully integrated programmable pattern generator.

Digital oscilloscopes

Rohde & Schwarz launched a new family of digital oscilloscopes at Embedded ...

Rotary position sensors

Honeywell's RTY series of Hall Effect rotary position sensors is now available ...

R&S seminar

12th May 2014, Fleet 14th May 2014, Clontarf Castle, Dublin

Electronics Sourcing LIVE 2014

15th May 2014, Stadium MK, Milton Keynes, UK

SENSOR + TEST 2014

3rd - 5th June 2014, The measurement fair, Nürnberg Exhibition Centre, Germany

LTE measurements made easy

The MD8475A signalling tester is an all-in-one base station simulator ...

Streamlined smartphone testing

The MD8475A signalling tester is a basestation simulator reproducing ...

Camera system for rare animals

Cambridge Consultants is helping conservationists at the Zoological Society of ...

Search for software testers

Is there anybody out there?! *tumbleweed* This is how it feels looking ...

Crash proof cars a reality?

Ford's announcement of a 'crash proof' car raises some interesting questions, ...

A programmable world

Day one and the agenda for the rest of NI Week was set by Dr T's keynote.

Sarah Macken, ESCO Council

ESCO's new chief executive tells Graham Pitcher that the electronic systems ...

John Richards, Oxford Digital

As the 2014 British Engineering Excellence Awards (BEEAs) programme launches, ...

Julian David, techUK chief

Graham Pitcher hears from techUK's chief executive about how the organisation ...