NVE reports Q2 revenue up 56% to $6.82M; EPS $0.75 vs $0.46; declares $1.00 dividend

NVE CORP /NEW/

2022-Q2 EPS reported $1.49 revenue$13,976,625

Q2 total revenue $6.82M (+56% YoY); net income $3.65M (+64%); diluted EPS $0.75 vs $0.46.
Six-month revenue $14.0M (+56%); net income $7.23M (+56%); EPS $1.49 vs $0.96.
Product sales grew 59% in Q2 and H1; contract R&D revenue declined 13%.
Quarterly cash dividend of $1.00/share declared, payable Nov 30, 2021 to holders of record Nov 1, 2021.

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