National Instruments has reported record quarterly revenue in the fourth quarter of $181.5 million, a 14 per cent increase over Q4 2005. Geographically, revenue in US dollar terms for Q4 2006 compared to Q4 2005 was up 13 per cent in the Americas, up 15 per cent in Europe and up 13 per cent in Asia, equating to an overall growth of 14 per cent. In local currency terms, revenue was up 12 per cent in Europe and up 10 per cent in Asia.
For 2006, revenue totalled $660 million, up 15.5 per cent year-on-year in USD terms and 16.1 per cent year-on-year in local currency.
Dr James Truchard, NI president and CEO, said: "I would like to thank all NI employees for another record year in 2006, turning in the 29th year of growth in the company's 30-year history. We made significant progress in 2006 in system-level design in both virtual instrumentation and in embedded industrial applications with the success of advanced technologies for graphical system design such as LabVIEW FPGA."
