National Instruments Reports Q1 2020 Revenue of $309 Million

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Title: National Instruments Reports Q1 2020 Revenue of $309 Million
Authors: National Instruments
Source: Business Wire (English). 04/30/2020.
Abstract: National Instruments (Nasdaq: NATI) today announced Q1 2020 revenue of $309 million, down less than 1% year-over-year. The sale of our AWR subsidiary to Cadence closed on January 15, 2020. Organic revenue, which we define as GAAP revenue excluding the impact of acquisitions and divestitures completed within the past twelve months, grew approximately 2 percent year-over-year. [ABSTRACT FROM PUBLISHER]
Database: Regional Business News
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Abstract:National Instruments (Nasdaq: NATI) today announced Q1 2020 revenue of $309 million, down less than 1% year-over-year. The sale of our AWR subsidiary to Cadence closed on January 15, 2020. Organic revenue, which we define as GAAP revenue excluding the impact of acquisitions and divestitures completed within the past twelve months, grew approximately 2 percent year-over-year. [ABSTRACT FROM PUBLISHER]