Previous Close | 81.39 |
Open | 81.06 |
Bid | 58.32 x 200 |
Ask | 98.44 x 200 |
Day's Range | 75.30 - 81.06 |
52 Week Range | 64.14 - 100.19 |
Volume | |
Avg. Volume | 18,613 |
Market Cap | 372.123M |
Beta (5Y Monthly) | N/A |
PE Ratio (TTM) | 17.26 |
EPS (TTM) | 4.46 |
Earnings Date | Jul 17, 2024 - Jul 22, 2024 |
Forward Dividend & Yield | 4.00 (4.98%) |
Ex-Dividend Date | Jan 26, 2024 |
1y Target Est | N/A |
Despite a revenue dip, NVE Corp showcases robust profitability and plans significant capital investments to bolster future growth.
Amidst Industry Downturn, NVEC Maintains Dividend Amidst Falling Sales and Earnings
EDEN PRAIRIE, Minn., May 01, 2024 (GLOBE NEWSWIRE) -- NVE Corporation (Nasdaq: NVEC) announced today financial results for the quarter and fiscal year ended March 31, 2024. Total revenue for the fourth quarter of fiscal 2024 decreased 45% to $7.08 million from $12.8 million for the prior-year quarter. The decrease was due to a 43% decrease in product sales and an 88% decrease in contract research and development revenue. Net income for the fourth quarter of fiscal 2024 decreased 54% to $3.81 mil