NATI Stock Recent News
NATI LATEST HEADLINES
In the past year, NATI has rallied 69.75%, in contrast to the SPY's 0.88% decline. This reflects a reversion in NATI's net income - up 56.35% from 2021-22 - in addition to scale growth.
National Instruments (NATI) came out with quarterly earnings of $0.62 per share, beating the Zacks Consensus Estimate of $0.55 per share. This compares to earnings of $0.41 per share a year ago.
Emerson and NI announced that they have entered into a definitive agreement under which Emerson will acquire NI for $60 per share in cash at an equity value of $8.2 billion. The post Emerson To Buy National Instruments For $8.2 Billion appeared first on Pulse 2.0.
Emerson Electric just announced a deal to buy National Instruments for $60 a share in cash. The total value of the transaction comes to $8.2 billion.
National Instruments (NASDAQ: NATI ) stock is taking off on Wednesday thanks to news of an $8.2 billion deal with Emerson (NYSE: EMR ). That deal has Emerson offering $8.2 billion to acquire National Instruments.
Here are some of the biggest U.S. stock movers on Wednesday.
Shares of National Instruments Corp. NATI rose nearly 4% in premarket trading on Wednesday, after Bloomberg reported that Emerson Electric Co. EMR was nearing a deal to acquire the test and measurement making company. Citing sources, the report said Emerson was discussing an offer worth $60 per share, beating out another suitor, Fortive Corp. FTV, with an announcement possibly due this week.
The bid for National Instruments is in step with Emerson Electric's strategic plans. Three companies are believed to have qualified for another round of bids.
National Instruments Corporation (NASDAQ:NATI ) Q4 2022 Earnings Conference Call January 31, 2023 5:00 PM ET Company Participants Marissa Vidaurri - VP, IR Eric Starkloff - President and CEO Daniel Berenbaum - CFO Karen Rapp - Strategic Adviser to the CEO Conference Call Participants Angela Jin - JPMorgan Rob Mason - R W. Baird Meta Marshall - Morgan Stanley Mark Delaney - Goldman Sachs David Kelley - Jefferies Damian Karas - UBS Operator Thank you for standing by, and welcome to the NI Q4 2022 Earnings Conference Call.
National Instruments (NATI) delivered earnings and revenue surprises of -3.08% and 1.53%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?