secwatch.observer — SEC 8-K summary
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Issuer:     NVE CORP /NEW/ (NVEC)
CIK:        0000724910
Form:       8-K
Filed at:   2022-07-20T23:59:59+00:00
Accession:  0000724910-22-000021
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

NVE Q1 FY2023 revenue up 3% to $7.34M; net income +16% to $0.86 diluted EPS
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- Revenue $7.34M (+3% YoY); net income $4.14M ($0.86 EPS) vs $3.58M ($0.74 EPS) in prior-year quarter.
- Board approves $1.00/share quarterly cash dividend payable Aug 31, 2022 to holders of record Aug 1, 2022.
- CEO Daniel Baker cites strong earnings growth for the quarter.
- No guidance or outlook provided in the release.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/724910/000072491022000021/0000724910-22-000021-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/724910/000072491022000021/NVE_Q1_FY2023_8K.htm
  HTML page:      https://secwatch.observer/filing/0000724910-22-000021

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