Sensor maker NVE Corp reports Q3 revenue jump

NVE

21/01/2026 21:13

Overview

Spintronics sensor maker's Q3 fiscal 2026 revenue rose 23% yr/yr

Net income for Q3 fiscal 2026 increased 11% yr/yr

Company announced $1.00 per share quarterly dividend

Outlook

NVE Corporation did not provide specific guidance for future quarters or the full year

Result Drivers

PRODUCT SALES GROWTH - Co reported a 16% increase in product sales, contributing to overall revenue growth

CONTRACT RESEARCH SURGE - Contract research and development revenue increased 335%, boosting overall revenue

BROAD-BASED GROWTH - CEO cited broad-based growth across revenue lines as a driver for quarterly results

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
$6.22 mln
Q3 EPS
$0.70
Q3 Net Income
$3.38 mln
Q3 Dividend
$1


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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.)