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NVE Q1 revenue rises 81% on product sales growth

NVE Q1 revenue rises 81% on product sales growth


Overview

  • US spintronic sensor maker's fiscal Q1 revenue rose 81% yr/yr, driven by product sales growth

  • Fiscal Q1 net income increased 79% yr/yr

  • Company declared quarterly dividend of $1.00 per share, payable August 31, 2026


Outlook

  • Company did not provide specific financial guidance or outlook in the press release


Result Drivers

  • PRODUCT SALES - 82% increase in product sales drove revenue growth, per company

  • CONTRACT RESEARCH - Contract research and development revenue rose 53%, contributing to overall revenue growth

  • SEMICONDUCTOR MARKET - Management said strong semiconductor market conditions supported growth


Company press release: ID:nBw1FT6pqa


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q1 Revenue

$11 mln

Q1 EPS

$1.32

Q1 Net Income

$6.39 mln


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For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(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.)

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