Nanoelectronics firm NVE Corp's Q2 revenue dips on lower R&D contracts

NVE

22/10/2025 21:38

Overview

NVE Corp fiscal Q2 revenue decreases 6% yr/yr due to lower contract R&D revenue

Net income for fiscal Q2 falls 18% yr/yr to $3.31 mln

Company announces quarterly dividend of $1.00 per share

Outlook

Company did not provide specific guidance for future quarters or full year

Result Drivers

R&D REVENUE DECLINE - 68% drop in contract research and development revenue led to overall revenue decrease

SEQUENTIAL REVENUE GROWTH - 4% sequential revenue increase driven by strong distributor and non-defense sales

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
$6.35 mln
Q2 EPS
$0.68
Q2 Net Income
$3.31 mln


Press Release: ID:nBw2LX5DVa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)