National Instruments: Q4 Earnings Snapshot

AUSTIN, Texas (AP) _ National Instruments Corp. (NATI) on Tuesday reported fourth-quarter net income of $40.1 million.

The Austin, Texas-based company said it had profit of 30 cents per share. Earnings, adjusted for one-time gains and costs, were 63 cents per share.

The maker of scientific measuring equipment and software posted revenue of $448.3 million in the period, which missed Street forecasts. Three analysts surveyed by Zacks expected $455.2 million.

For the year, the company reported profit of $139.6 million, or $1.05 per share. Revenue was reported as $1.66 billion.

For the current quarter ending in March, National Instruments expects its per-share earnings to range from 48 cents to 62 cents.

The company said it expects revenue in the range of $415 million to $445 million for the fiscal first quarter. Analysts surveyed by Zacks had expected revenue of $479.6 million.

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