Quarterly ResultJul 22, 2026, 04:07 PM
NVE Corp Q1 Revenue +81% to $11.0M; Net Income +79%; Dividend $1.00
AI Summary
NVE Corporation reported strong financial results for the first quarter of fiscal 2027, with total revenue increasing 81% to $11.0 million and net income rising 79% to $6.39 million, or $1.32 per diluted share. This growth was driven by an 82% increase in product sales and a 53% increase in contract research and development revenue. Additionally, the company's Board of Directors approved a quarterly cash dividend of $1.00 per share, payable on August 31, 2026, to shareholders of record as of August 3, 2026.
Key Highlights
- Total revenue increased 81% to $11.0 million for Q1 fiscal 2027.
- Net income increased 79% to $6.39 million for Q1 fiscal 2027.
- Diluted EPS was $1.32, up from $0.74 in the prior-year quarter.
- Product sales increased 82% in the first quarter.
- Contract research and development revenue increased 53%.
- Board approved a quarterly cash dividend of $1.00 per share.
- Dividend payable August 31, 2026, to shareholders of record August 3, 2026.
Price Impact
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