---
schema_version: "secwatch.filing_event.v1"
accession: "0001376474-24-000613"
form_type: "8-K"
ticker: "NVEC"
cik: "0000724910"
company_name: "NVE CORP /NEW/"
filed_at: "2024-10-23T23:59:59+00:00"
generated_at: "2026-05-30T11:15:15.837165+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# NVE Q2 revenue down 5% to $6.76M; EPS $0.83 vs $0.98; declares $1.00 dividend

## Summary
- Total revenue for Q2 FY2025: $6.76M, down 5% from $7.13M; product sales fell 14%, contract R&D surged 3,950%.
- Net income for Q2: $4.03M ($0.83 diluted EPS) vs $4.72M ($0.98) prior year, down 15%.
- First-half FY2025 revenue: $13.5M (down 15%); net income $8.12M ($1.68 EPS) vs $9.13M ($1.89).
- Board declared quarterly cash dividend of $1.00 per share, payable Nov 29, 2024 to holders of record Nov 4, 2024.
- CEO cited 'solid earnings despite slow industry recovery'; stock ticker NVEC listed on Nasdaq.

## SEC filing metadata
- accession: 0001376474-24-000613
- form_type: 8-K
- ticker: NVEC
- cik: 0000724910
- company_name: NVE CORP /NEW/
- filed_at: 2024-10-23T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/724910/000137647424000613/0001376474-24-000613-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/724910/000137647424000613/nvec-20241023.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001376474-24-000613
- JSON: https://secwatch.observer/filing/0001376474-24-000613.json
- Plain text: https://secwatch.observer/filing/0001376474-24-000613.txt

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