NVE Corp tumbles ahead of earnings report
17/07/2019 18:54
** Shares in NVE Corp NVEC.O down 7.3% on Wed, on track for
biggest one-day pct loss in a year just ahead of qtrly report
after market close
** Shares in the co, which makes sensors and couplers used
to acquire and transmit data, were trading at $67.35 after
closing at $72.69 on Tues
** The last time the co had a bigger one-day drop was July
19 2018, following its quarterly report. No June-qtr analyst
estimates were available from Refinitiv
** NVE reported revenue of $26.47 mln in Q1 of 2019,
according to Refinitiv
** Co has a market cap of $352.26 mln, per Refinitiv
((sinead.carew@thomsonreuters.com; +1 (646) 223 6186; Reuters
Messaging: sinead.carew.thomsonreuters.com@reuters.net))