{"schema_version":"secwatch.filing_event.v1","accession":"0001376474-23-000282","form_type":"8-K","ticker":"NVEC","cik":"0000724910","company_name":"NVE CORP /NEW/","filed_at":"2023-05-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.077220+00:00","generated_at":"2026-06-16T01:54:58.694906+00:00","sec_items":["2.02","8.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"NVE Corp Q4 rev +91% to $12.8M, EPS $1.70; FY net income record $22.7M; declares $1.00 dividend","bullets":["Q4 total revenue $12.8M, up 91% YoY; net income $8.23M ($1.70 diluted EPS), up 116%.","Fiscal 2023 revenue $38.3M (+42% YoY); net income record $22.7M ($4.70 diluted EPS), +56%.","Product sales increased 95% in Q4 and 44% for the year; contract R&D revenue +10% in Q4.","Quarterly dividend of $1.00/share declared, payable May 31, 2023 to holders of record May 15, 2023.","CEO cites 'record revenue and earnings' for the quarter and fiscal year."],"urls":{"canonical":"https://secwatch.observer/filing/0001376474-23-000282","json":"https://secwatch.observer/filing/0001376474-23-000282.json","markdown":"https://secwatch.observer/filing/0001376474-23-000282.md","text":"https://secwatch.observer/filing/0001376474-23-000282.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/724910/000137647423000282/0001376474-23-000282-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/724910/000137647423000282/nvec-20230503.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T01:54:58.694906+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":"beaed85fc85b70dfac82205eb268d761f781f405","claim":"NVE CORP /NEW/ reported the quarter and fiscal year ended March 31, 2023 results: revenue $38.3 million, net income $22.7 million, or $4.70 per diluted share, EPS $4.70 per diluted share.","evidence_excerpt":"Total revenue for the fourth quarter of fiscal 2023 increased 91% to $12.8 million from $6.72 million for the prior-year quarter.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/724910/000137647423000282/0001376474-23-000282-index.htm","confidence":0.97,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter and fiscal year ended March 31, 2023"},{"label":"Revenue","value":"$38.3 million"},{"label":"Net income","value":"$22.7 million, or $4.70 per diluted share"},{"label":"EPS","value":"$4.70 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"beaed85fc85b70dfac82205eb268d761f781f405","claim":"NVE CORP /NEW/ reported the quarter and fiscal year ended March 31, 2023 results: revenue $38.3 million, net income $22.7 million, or $4.70 per diluted share, EPS $4.70 per diluted share.","evidence_excerpt":"For fiscal 2023, total revenue increased 42% to $38.3 million, compared to $27 million in the prior year.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/724910/000137647423000282/0001376474-23-000282-index.htm","confidence":0.97,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter and fiscal year ended March 31, 2023"},{"label":"Revenue","value":"$38.3 million"},{"label":"Net income","value":"$22.7 million, or $4.70 per diluted share"},{"label":"EPS","value":"$4.70 per diluted share"},{"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"}