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NVE Corporation (Nasdaq: NVEC) is a pioneering company in the domain of spintronics, a cutting-edge nanotechnology that leverages electron spin rather than electron charge to acquire, store, and transmit information. Headquartered in Eden Prairie, Minnesota, NVE specializes in manufacturing high-performance spintronic products, including sensors and couplers, which are integral in industrial, scientific, and medical applications.
The company's product line boasts a diverse array of sensors and isolators such as Digital Sensors, Medical Sensors, Rotation Sensors, GT Sensors, Angle Sensors, Analog Sensors, MSOP Isolators, and Passive-In Transceivers. These products are built on the principles of giant magnetoresistance (GMR) and tunneling magnetoresistance (TMR) combined with integrated circuitry, making them smaller, more precise, faster, and more durable than conventional devices.
NVE's innovations have earned numerous awards for their exceptional performance and reliability. The company's continued investment in research and development ensures that it remains at the forefront of spintronic technology, offering state-of-the-art solutions for data acquisition and transmission.
Recent Achievements:
- On July 12, 2023, NVE announced its financial results for the quarter ended June 30, 2023, highlighting robust financial health and a promising outlook.
- On October 11, 2023, the company disclosed its financial performance for the quarter ended September 30, 2023, demonstrating consistent growth and stability.
- On January 10, 2024, NVE revealed its financial outcomes for the quarter ended December 31, 2023, indicating sustained success.
- On April 24, 2024, the company announced the financial results for the quarter and fiscal year ended March 31, 2024, showcasing its overall annual performance.
As a leader in the practical commercialization of spintronics, NVE remains committed to advancing technology and delivering high-quality products to its clients. The company's financial stability, ongoing projects, and partnerships underscore its significant role in the industry.
NVE Corporation (Nasdaq: NVEC) will announce its financial results for the quarter and fiscal year ending March 31, 2022, on May 4, 2022, after market close. A quarterly conference call will follow at 4:00 p.m. Central Time, available via a live webcast on NVE's Investor Events page. The company specializes in spintronics, focusing on products that use electron spin for data acquisition and transmission. Investors should note that future statements are forward-looking and come with risks, as detailed in SEC filings.
NVE Corporation (Nasdaq: NVEC) will release its financial results for the quarter ended December 31, 2021, on January 19, 2022, after market close. This will be followed by a quarterly conference call at 4:00 p.m. CT that day, which will be broadcast live online. Interested parties must contact NVE Investor Relations by January 17, 2022, to reserve a position. NVE is known for its pioneering work in spintronics technology, producing high-performance products such as sensors and couplers that facilitate data acquisition and transmission.
NVE Corporation (Nasdaq: NVEC) announced plans to release its financial results for the quarter ended September 30, 2021, on October 20, 2021, after the close of the Nasdaq Regular Market. A conference call will follow at 4:00 p.m. Central Time, accessible via the Investor Events page on NVE's website. Participants must contact NVE Investor Relations by October 18, 2021, to reserve a spot. The company specializes in spintronics technology used in high-performance sensors and couplers for data acquisition and transmission.
NVE Corporation (Nasdaq: NVEC) will release its financial results for the quarter ending June 30, 2021, on July 21, 2021, post-market close. A conference call is scheduled for the same day at 4:00 p.m. Central Time, available live and archived on NVE’s Investor Events webpage. Interested parties must contact Investor Relations by July 19, 2021, to participate. NVE specializes in spintronics technology, producing high-performance sensors and couplers used for data acquisition and transmission. Forward-looking statements are subject to risks detailed in SEC filings.
NVE Corporation (Nasdaq: NVEC) will release its financial results for the quarter and fiscal year ending March 31, 2021, on May 5, 2021, after market close. A conference call will follow at 4:00 p.m. CT, accessible via the Investor Events page on the company's website. Stakeholders are encouraged to reserve a spot by contacting NVE Investor Relations by May 3, 2021. NVE specializes in spintronics technology, manufacturing high-performance products such as sensors and couplers for data acquisition and transmission.
NVE Corporation (Nasdaq: NVEC) will release its financial results for the quarter and six months ended September 30, 2020, on October 21, 2020, after market close. A quarterly conference call will be held on the same day at 4:00 p.m. Central Time, accessible via NVE's Investor Events page. Interested participants must contact NVE Investor Relations by October 19, 2020, to reserve a spot. NVE specializes in the commercialization of spintronics technology, offering high-performance products for data acquisition and transmission.
NVE Corporation (Nasdaq: NVEC) reported a 27% decline in total revenue for Q1 fiscal 2021, reaching $4.59 million, attributed to a 28% drop in product sales. Contract R&D revenue saw a 10% increase. Net income fell by 33% to $2.41 million, or $0.50 per diluted share. Additionally, the company declared a quarterly cash dividend of $1.00 per share, payable on August 31, 2020.
NVE Corporation (Nasdaq: NVEC) will release its financial results for the quarter ended June 30, 2020, on July 22, 2020, post-Nasdaq market close. A quarterly conference call is scheduled for the same day at 4:00 p.m. Central Time, accessible online via NVE’s Investor Events page. Interested participants must contact NVE Investor Relations by July 20, 2020, to reserve a position. NVE specializes in spintronics technology, manufacturing high-performance products like sensors and couplers for data transmission. Forward-looking statements regarding financial performance are subject to risks outlined in SEC filings.
NVE Corporation (Nasdaq: NVEC) reported its financial results for Q4 and the fiscal year ending March 31, 2020. Q4 revenue increased 10% to $6.15 million driven by an 11% rise in product sales, despite a 14% decline in contract research revenue. Net income for Q4 rose 18% to $3.37 million, or $0.69 per diluted share. However, FY 2020 total revenue decreased by 4% to $25.41 million, attributed to a decline in both product sales and contract research revenue. The company announced a quarterly dividend of $1.00 per share, payable on May 29, 2020.