National Instruments Reports Preliminary Revenue of $309 Million for Q1 2020

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Title: National Instruments Reports Preliminary Revenue of $309 Million for Q1 2020
Authors: National Instruments
Source: Business Wire (English). 04/02/2020.
Abstract: National Instruments (Nasdaq: NATI) today announced preliminary results for Q1 2020 with revenue of $309 million, down less than 1% year-over-year. The sale of our AWR business to Cadence closed on January 15, 2020. Organic revenue growth, defined as revenue growth excluding the impact of acquisitions and divestitures completed within the past twelve months, was up approximately 2% year-over-year. [ABSTRACT FROM PUBLISHER]
Database: Regional Business News
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Abstract:National Instruments (Nasdaq: NATI) today announced preliminary results for Q1 2020 with revenue of $309 million, down less than 1% year-over-year. The sale of our AWR business to Cadence closed on January 15, 2020. Organic revenue growth, defined as revenue growth excluding the impact of acquisitions and divestitures completed within the past twelve months, was up approximately 2% year-over-year. [ABSTRACT FROM PUBLISHER]