NVE Q1 revenue falls 10% on lower product sales

NVE

23/07/2025 21:19

Overview

NVE fiscal Q1 revenue falls 10% yr/yr due to lower product sales

Net income for fiscal Q1 declines 13% yr/yr

Co, which makes sensors and couplers used to acquire and transmit data, announces quarterly dividend of $1.00 per share

Outlook

NVE does not provide specific future financial guidance in its press release

Result Drivers

PRODUCT SALES DECLINE - 11% decrease in product sales contributed to lower revenue

R&D REVENUE INCREASE - 17% rise in contract research and development revenue partially offset revenue decline

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
$6.10 mln
Q1 EPS
$0.74
Q1 Net Income
$3.58 mln


Press Release: ID:nBw1X5kgma

(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.)