Austin-based technology company National Instruments Corp. on Thursday reported second-quarter earnings of $25.2 million.
On a per-share basis, the company said it had profit of 19 cents.
The results met Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 19 cents per share.
National Instruments employs about 2,500 in Austin and about 7,500 worldwide. The company makes testing equipment and software used by scientists, engineers and researchers.
National Instruments reported revenue of $318.6 million in the period, which fell short of Wall Street forecasts. Three analysts surveyed by Zacks expected $321 million.
For the current quarter ending in October, National Instruments said it now expects its per-share earnings to range from 22 cents to 36 cents.
The company said it expects revenue in the range of $304 million to $334 million for the fiscal third quarter.
National Instruments shares have risen about 40 percent since the beginning of the year. The company’s shares closed Thursday down 19 cents, or less than 1 percent at $42.80
News on Open Source is free and unlimited. Access to the rest of 512tech.com comes with an American-Statesman digital subscription, which also includes myStatesman.com and the ePaper edition. Subscribe at statesman.com/subscribe.