- NI (formerly National Instruments) is forecasting sales of $367 million for the fourth quarter of its 2020 fiscal year.
- The Texan company says that this revenue is stable compared to the same period of the previous year, and above the upper end of the forecast range announced on October 29, 2020.
- For the fourth quarter of fiscal year 2020, the company’s overall order intake increased by 7% compared to the same period of the previous year. NI reports that orders increased sequentially and annually in all regions. In China in particular, orders were up 19% year-on-year.
