National Instruments notes increase in revenue

US technology firm National Instruments has reported quarterly revenue for third-quarter 2010 of $220m (£140m), representing a 34 per cent year-over-year increase and a four per cent sequential increase.

Net income for the quarter was $28.1m, with GAAP fully diluted earnings per share (EPS) of $0.36.

Non-GAAP net income was $32.3m, with non-GAAP fully diluted EPS of $0.41.