secwatch.observer — SEC 8-K summary
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Issuer:     NVE CORP /NEW/ (NVEC)
CIK:        0000724910
Form:       8-K
Filed at:   2025-10-22T23:59:59+00:00
Accession:  0001376474-25-000856
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

NVE Q2 revenue down 6% to $6.35M; EPS $0.68 vs $0.83; declares $1.00 dividend
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- Total revenue $6.35M, down 6% YoY; product sales +1%, contract R&D -68%.
- Net income $3.31M ($0.68 diluted EPS) vs $4.03M ($0.83) in prior-year quarter.
- Board approves quarterly dividend of $1.00/share, payable Nov 28 to holders of record Nov 3.
- CEO cites 4% sequential revenue increase driven by distributor and non-defense sales.
- First-half FY2026 revenue $12.5M (-8% YoY); net income $6.89M ($1.42 EPS) vs $8.12M ($1.68).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/724910/000137647425000856/0001376474-25-000856-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/724910/000137647425000856/nvec-20251022_8k.htm
  HTML page:      https://secwatch.observer/filing/0001376474-25-000856

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer