{"schema_version":"secwatch.filing_event.v1","accession":"0001376474-23-000056","form_type":"8-K","ticker":"NVEC","cik":"0000724910","company_name":"NVE CORP /NEW/","filed_at":"2023-01-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:47.896863+00:00","generated_at":"2026-06-20T10:03:06.401486+00:00","sec_items":["2.02","8.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"NVE Q3 rev $7.4M (+18% YoY), EPS $0.88 (+22%); declares $1.00/share dividend","bullets":["Q3 total revenue increased 18% to $7.40M; product sales up 22% YoY.","Net income $4.23M ($0.88 diluted EPS) vs $3.47M ($0.72) in prior-year quarter.","Nine-month revenue $25.5M (+26%); net income $14.5M ($2.99 EPS) vs $10.7M ($2.21).","Board declared $1.00 quarterly cash dividend, payable Feb 28, 2023, record Jan 30, 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001376474-23-000056","json":"https://secwatch.observer/filing/0001376474-23-000056.json","markdown":"https://secwatch.observer/filing/0001376474-23-000056.md","text":"https://secwatch.observer/filing/0001376474-23-000056.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/724910/000137647423000056/0001376474-23-000056-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/724910/000137647423000056/nvec-20230125.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T10:03:06.401486+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2a4497ad1e01370a202c443b0aa1ab0cd42afd7b","claim":"NVE CORP /NEW/ reported First nine months of fiscal 2023 results: revenue $25.5 million, net income $14.5 million, EPS $2.99.","evidence_excerpt":"For the first nine months of fiscal 2023, total revenue increased 26% to $25.5 million from $20.3 million for the first nine months of the prior year. The increase was due to a 27% increase in product sales, partially offset by a 13% decrease in contract research and development revenue. Net income increased 35% to $14.5 million, or $2.99 per diluted share, from $10.7 million, or $2.21 per share, for the first nine months of fiscal 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/724910/000137647423000056/0001376474-23-000056-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"First nine months of fiscal 2023"},{"label":"Revenue","value":"$25.5 million"},{"label":"Net income","value":"$14.5 million"},{"label":"EPS","value":"$2.99"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"bd7bb51e5f11085670461ae5c949bdd0184689cd","claim":"NVE CORP /NEW/ reported Third quarter of fiscal 2023 results: revenue $7.40 million, net income $4.23 million, EPS $0.88.","evidence_excerpt":"Total revenue for the third quarter of fiscal 2023 increased 18% to $7.40 million from $6.29 million for the prior-year quarter. The increase was due to a 22% increase in product sales, partially offset by a 46% decrease in contract research and development revenue. Net income for the third quarter of fiscal 2023 increased 22% to $4.23 million, or $0.88 per diluted share, compared to $3.47 million, or $0.72 per share, for the prior-year quarter.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/724910/000137647423000056/0001376474-23-000056-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Third quarter of fiscal 2023"},{"label":"Revenue","value":"$7.40 million"},{"label":"Net income","value":"$4.23 million"},{"label":"EPS","value":"$0.88"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}