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Mar 31, 2023
NVE Q4 2023 Earnings Report
NVE reported record revenue and earnings for the quarter and fiscal year.
Key Takeaways
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.
Total revenue for Q4 2023 increased 91% to $12.8 million.
Net income for Q4 2023 increased 116% to $8.23 million, or $1.70 per diluted share.
Product sales increased by 95% compared to the prior-year quarter.
The company announced a quarterly cash dividend of $1.00 per share.
Revenue by Segment
Forward Guidance
The press release contains forward-looking statements that are subject to risks and uncertainties.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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