National Instruments announced unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2018. For the quarter, the company reported total net sales were $360,099,000 against $349,751,000 a year ago. Operating income was $61,821,000 against $57,312,000 a year ago. Net income was $56,541,000 against net loss of $24,282,000 a year ago. Basic earnings per share were $0.43 against basic loss per share of $0.19 a year ago. Diluted earnings per share were $0.42 against diluted loss per share of $0.18 a year ago.

For the year, the company reported total net sales were $1,359,132,000 against $1,289,386,000 a year ago. Operating income was $172,879,000 against $145,778,000 a year ago. Net income was $155,057,000 against $52,411,000 a year ago. Basic earnings per share were $1.17 against $0.40 a year ago. Diluted earnings per share were $1.16 against $0.40 a year ago.

The company currently expects first quarter revenue to be in the range of $305 million to $335 million. The company currently expects that GAAP fully diluted EPS will be
in the range of $0.12 to $0.26 for first quarter, with non-GAAP fully diluted EPS expected to be in the range of $0.23 to $0.37.