National Instruments has reported record revenue in Q2 2006 of $160 million, a 14 percent USD increase over Q2 2005 and an equivalent 16 percent increase in local currency
Generally accepted accounting principles (Gaap) fully diluted earnings per share (EPS) for Q2 2006 was 21 cents with Gaap net income of $17 million, up 13 percent from Q2 2005.
Non-Gaap fully diluted EPS was 25 cents with non-GAAP net income of $20.5 million, up 33 percent from Q2 2005.
Non-GAap results exclude the impact of stock-based compensation and the impact of the amortization of acquisition-related intangibles.
For the first half of 2006, the company reported revenue growth of 16 percent in USD terms and 20 percent in local currency.
In addition, the company reported Gaap net income of $29.6 million, up 13 percent, and non-Gaap net income of $36.6 million, up 38 percent year-over-year.
"We are pleased with the results for the first half of 2006, as we saw revenue growth of 20 percent in local currency with strong operating leverage," said James Truchard, NI president and CEO.
"At NIWeek, Aug 8-10, we will highlight how NI Labview, graphical system design and PXI Express will help further our expansion into key application areas."
