National Instruments profit up 56.9% in 2014

Posted on 30 Jan 2015 by Tim Brown
National Instruments HQ in Austin, Texas - image courtesy of National Instruments.

Texas-based National Instruments, which makes automated test equipment and virtual instrumentation software, yesterday announced its 2014 results revealing total net income up 56.9% from $80.5m in 2013 to $126.3m in 2014.

Underlying the profit results were record revenues of $1.24bn, up 6% on 2013. “2014 was a year of great progress for NI,” said Alex Davern, National Instruments COO and CFO. “We delivered a strong finish to the year with record revenue, record profit and record cash. Our employees executed well, and the strength of our…

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