National Instruments Corporation announced unaudited consolidated earnings results for fourth quarter and full year ended Dec. 31, 2014. For the quarter, the company reported total net sales of $332,776,000, operating income of $55,035,000, income before income taxes of $53,778,000, net income of $43,385,000 or $0.34 per diluted share, non-GAAP operating income of $65,832,000, non-GAAP income before income taxes of $64,740,000, non-GAAP net income of $51,365,000 or $0.4 per diluted share EBITDA of $72,633,000 or $0.57 per diluted share compared to the total net sales of $300,806,000, operating income of $39,577,000, income before income taxes of $38,962,000, net income of $31,728,000 or $0.25 per diluted share, non-GAAP operating income of $50,776,000, non-GAAP income before income taxes of $50,346,000, non-GAAP net income of $38,532,000 or $0.31 per diluted share EBITDA of $55,855,000 or $0.44 per diluted share for the same quarter a year ago.

For the year, the company reported total net sales of $1,243,862,000, operating income of $145,187,000, income before income taxes of $144,001,000, net income of $126,333,000 or $0.99 per diluted share, net cash provided by operating activities of $195,106,000, capital expenditures of $44,944,000, additions to other intangibles of $2,834,000, non-GAAP operating income of $187,108,000, non-GAAP income before income taxes of $186,594,000, non-GAAP net income of $155,992,000 or $1.22 per diluted share EBITDA of $213,074,000 or $1.67 per diluted share compared to the total net sales of $1,172,558,000, operating income of $98,617,000, income before income taxes of $97,168,000, net income of $80,513,000 or $0.64 per diluted share, net cash provided by operating activities of $169,479,000, capital expenditures of $47,796,000, additions to other intangibles of $5,182,000, non-GAAP operating income of $143,035,000, non-GAAP income before income taxes of $142,337,000, non-GAAP net income of $110,255,000 or $0.88 per diluted share EBITDA of $164,463,000 or $1.31 per diluted share for the previous year.

The company currently expects revenue for first quarter 2015 to be in the range of $280 million to $310 million. At the midpoint this represents 4% year on year revenue growth in USD and approximately 9% year on year revenue growth in constant currency. The company currently expect that GAAP fully diluted EPS will be in the range of $0.11 to $0.23, with non-GAAP fully diluted EPS expected to be in the range of $0.17 to $0.29.