{"schema_version":"secwatch.filing_event.v1","accession":"0001753926-23-001368","form_type":"8-K","ticker":"NVEC","cik":"0000724910","company_name":"NVE CORP /NEW/","filed_at":"2023-10-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.831685+00:00","generated_at":"2026-06-09T22:11:00.886537+00:00","sec_items":["2.02","8.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"NVE Q2 revenue falls 33% to $7.13M; EPS drops to $0.98 from $1.26; $1.00 dividend declared","bullets":["Total revenue for Q2 FY2024 was $7.13M, down 33% from $10.7M YoY; product sales down 32%, contract R&D down 92%.","Net income for Q2 was $4.72M ($0.98 diluted EPS) vs $6.09M ($1.26 EPS) in prior-year quarter.","For H1 FY2024, total revenue $16.0M (-12% YoY), net income $9.13M ($1.89 EPS) vs $10.2M ($2.12 EPS).","Board declared a $1.00/share quarterly cash dividend, payable Nov 30, 2023 to holders of record Oct 30, 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001753926-23-001368","json":"https://secwatch.observer/filing/0001753926-23-001368.json","markdown":"https://secwatch.observer/filing/0001753926-23-001368.md","text":"https://secwatch.observer/filing/0001753926-23-001368.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/724910/000175392623001368/0001753926-23-001368-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/724910/000175392623001368/g083810_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T22:11:00.886537+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":"77505626ee4fb73219e426b61195fc1b259bc699","claim":"NVE CORP /NEW/ reported the quarter ended September 30, 2023 results: revenue $7.13 million, net income $4.72 million, or $0.98 per diluted share, EPS $0.98 per diluted share.","evidence_excerpt":"Total revenue for the second quarter of fiscal 2024 decreased 33% to $7.13 million from $10.7 million for the prior-year quarter.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/724910/000175392623001368/0001753926-23-001368-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended September 30, 2023"},{"label":"Revenue","value":"$7.13 million"},{"label":"Net income","value":"$4.72 million, or $0.98 per diluted share"},{"label":"EPS","value":"$0.98 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"}