NVE Corp. (NVEC) Misses Street's Q1 Views

July 23, 2008 4:17 PM EDT

NVE Corporation (Nasdaq: NVEC) reports Q1 EPS of $0.40, 2 cent lower than the analyst estimate of $0.42. Revenues for the quarter were $4.86 million, versus the consensus of $5.63 million.

NVE Corporation engages in the development and sale of devices, which use spintronics, a nanotechnology that relies on electron spin rather than electron charge to acquire, store, and transmit information.


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