National Instruments reported quarterly revenue of $205 million, up 13 percent year-over-year and the company’s best year-over-year revenue growth quarter for 2007. Net income for Q4 2007 was a record $45.7 million.

NI virtual instrumentation and graphical system design products, which constitute the vast majority of the company’s product portfolio, had 14 percent year-over-year revenue growth in Q4 2007. Sales of NI instrument control products, which now represent approximately 9 percent of NI revenue, were up 6 percent year-over-year in Q4 2007.

Geographically, revenue in U.S. dollar terms for Q4 2007 compared to Q4 2006 was flat in the Americas, up 24 percent in Europe and up 26 percent in Asia, equaling overall growth of 13 percent. NI performance in the United States was impacted by the significant decline of the U.S. PMI in Q4. NI performance in Asia was helped by growth in Japan during Q4. In local currency terms, revenue was up 14 percent in Europe and up 22 percent in Asia.

For 2007, revenue was $740 million, up 12 percent year-over-year in USD terms and 9 percent year-over-year in local currency. The annual net income was $107 million.