secwatch.observer — SEC 8-K summary
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Issuer:     NVE CORP /NEW/ (NVEC)
CIK:        0000724910
Form:       8-K
Filed at:   2022-05-04T23:59:59+00:00
Accession:  0000724910-22-000009
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

NVE Q4 revenue up 15% to $6.72M; EPS $0.79 vs $0.65 YoY; declares $1.00 dividend
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- Q4 total revenue $6.72M (+15% YoY); product sales +12%, contract R&D +104%.
- Q4 net income $3.82M ($0.79 diluted EPS) vs $3.13M ($0.65) in prior year.
- FY 2022 revenue $27.0M (+26% YoY); net income $14.5M ($3.00 EPS) vs $11.7M ($2.42).
- Board approved $1.00/share quarterly dividend payable May 31, 2022 to holders of record May 16, 2022.
- CEO cited strong growth despite industry supply-chain disruptions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/724910/000072491022000009/0000724910-22-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/724910/000072491022000009/NVE_Q4_FY2022_8K.htm
  HTML page:      https://secwatch.observer/filing/0000724910-22-000009

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer