secwatch.observer — SEC 8-K summary
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Issuer:     NVE CORP /NEW/ (NVEC)
CIK:        0000724910
Form:       8-K
Filed at:   2022-10-19T23:59:59+00:00
Accession:  0000724910-22-000031
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/724910/000072491022000031/0000724910-22-000031-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/724910/000072491022000031/NVE_Q2_FY2023_8K.htm
  HTML page:      https://secwatch.observer/filing/0000724910-22-000031

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