National Instruments Q2 Adj EPS $0.51 Misses $0.58 Estimate, Sales $416.80M Miss $433.18M Estimate

National Instruments (NASDAQ:NATI) reported quarterly earnings of $0.51 per share which missed the analyst consensus estimate of $0.58 by 12.07 percent. This is a 41.67 percent increase over earnings of $0.36 per share from the same period last year. The company reported quarterly sales of $416.80 million which missed the analyst consensus estimate of $433.18 million by 3.78 percent. This is a 5.38 percent increase over sales of $395.51 million the same period last year.