NVE Corp (NVEC) Declares $1 Quarterly Dividend; 4.6% Yield
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NVE Corporation Reports First Quarter Results and Announces Quarterly Dividend
July 22, 2026 4:05 PM EDTRevenue increases 81% and net income increases 79%
EDEN PRAIRIE, Minn.--(BUSINESS WIRE)-- NVE Corporation (Nasdaq: NVEC) announced today financial results for the quarter ended June 30, 2026.
Total revenue for the first quarter of fiscal 2027 increased 81% to $11.0 million from $6.10 million for the prior-year quarter. The increase was due to an 82% increase in product sales and a 53% increase in contract research and development revenue. Net income for the first quarter of fiscal 2027 increased 79% to $6.39 million, or $1.32 per diluted share, compared to $3.58 million, or $0.74 per share, for the prior-year... More
