---
schema_version: "secwatch.filing_event.v1"
accession: "0000724910-22-000031"
form_type: "8-K"
ticker: "NVEC"
cik: "0000724910"
company_name: "NVE CORP /NEW/"
filed_at: "2022-10-19T23:59:59+00:00"
generated_at: "2026-06-23T02:47:27.425327+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# NVE reports Q2 revenue up 57% to $10.7M, EPS $1.26 vs $0.75

## Summary
- Total revenue for Q2 FY2023 increased 57% to $10.7M from $6.82M.
- Net income increased 67% to $6.09M ($1.26 per diluted share) from $3.65M ($0.75).
- First-half revenue rose 29% to $18.1M; net income up 42% to $10.2M ($2.12 per diluted share).
- Board declared quarterly dividend of $1.00 per share, payable Nov 30, 2022 to holders of record Oct 31, 2022.
- Product sales up 59% in Q2; contract R&D revenue up 5% in Q2.

## SEC filing metadata
- accession: 0000724910-22-000031
- form_type: 8-K
- ticker: NVEC
- cik: 0000724910
- company_name: NVE CORP /NEW/
- filed_at: 2022-10-19T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/724910/000072491022000031/0000724910-22-000031-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/724910/000072491022000031/NVE_Q2_FY2023_8K.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000724910-22-000031
- JSON: https://secwatch.observer/filing/0000724910-22-000031.json
- Plain text: https://secwatch.observer/filing/0000724910-22-000031.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.