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NVE Corporation Reports First Quarter Results and Announces Quarterly Dividend

Globe Newswire - Press Release

All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here

EDEN PRAIRIE, Minn., July 20, 2022 (GLOBE NEWSWIRE) -- NVE Corporation (Nasdaq:NVEC) announced today financial results for the quarter ended June 30, 2022.

Total revenue for the first quarter of fiscal 2023 increased 3% to $7.34 million from $7.15 million for the prior-year quarter. Net income for the first quarter of fiscal 2023 increased 16% to $4.14 million, or $0.86 per diluted share, compared to $3.58 million, or $0.74 per share, for the prior-year quarter.

Read more at globenewswire.com

Related Symbols

Symbol Last Chg %Chg
NVEC 66.22 +1.18 +1.81%
Nve Corp

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