NVE Corporation experienced a decline in its financial performance for the fiscal year ended March 31, 2025, with total revenue decreasing by 13.2% and net income decreasing by 12.0% compared to the prior year. This was primarily due to a 15.7% decrease in product sales, although contract research and development revenue saw a significant 112.0% increase. Gross profit margin improved to 83.6%, but total expenses rose by 25.1% due to increased research and development and selling, general, and administrative activities.
NVE Corporation reported a decrease in revenue and net income for the third quarter of fiscal 2025. Total revenue decreased by 25% to $5.06 million, and net income decreased by 27% to $3.05 million, or $0.63 per diluted share.
NVE Corporation reported a decrease in revenue and net income for the second quarter of fiscal year 2025. Revenue decreased by 5% to $6.76 million, and net income decreased by 15% to $4.03 million, or $0.83 per diluted share.
NVE Corporation announced first quarter fiscal 2025 results with a decrease in total revenue by 23% to $6.78 million compared to the prior-year quarter, driven by a decline in product sales. Net income decreased by 7% to $4.10 million, with diluted earnings per share of $0.85. The company declared a quarterly cash dividend of $1.00 per share.
NVE Corporation reported a decrease in total revenue by 45% to $7.08 million for the fourth quarter of fiscal year 2024, compared to $12.8 million in the prior-year quarter. Net income decreased by 54% to $3.81 million, or $0.79 per diluted share, compared to $8.23 million, or $1.70 per diluted share, for the prior-year quarter.
NVE Corporation reported a decrease in total revenue for the third quarter of fiscal year 2024, with a slight decrease in net income. The decrease in revenue was primarily due to decreased product sales, although this was partially offset by increased contract research and development revenue. The company declared a quarterly dividend of $1.00 per share.
NVE Corporation reported a decrease in revenue and net income for the second quarter of fiscal 2024. Total revenue decreased by 33% to $7.13 million, and net income decreased by 22% to $4.72 million, or $0.98 per diluted share. The company announced a quarterly cash dividend of $1.00 per share.
NVE Corporation reported a 20% increase in total revenue to $8.83 million for the first quarter of fiscal 2024, driven by a 23% increase in product sales. Net income increased by 6% to $4.40 million, or $0.91 per diluted share.
NVE Corporation reported a significant increase in revenue and net income for the fourth quarter of fiscal year 2023. Total revenue increased by 91% to $12.8 million, and net income increased by 116% to $8.23 million, or $1.70 per diluted share.
NVE Corporation announced its third quarter results and declared a quarterly dividend.
NVE Corporation announced its second quarter results and declared a quarterly dividend.