NVE: Fiscal 1Q Earnings Snapshot
EDEN PRAIRIE, Minn. (AP) _ NVE Corp. (NVEC) on Wednesday reported fiscal first-quarter earnings of $3.6 million.
The Eden Prairie, Minnesota-based company said it had net income of 74 cents per share.
The nanotechnology company posted revenue of $6.3 million in the period.
NVE shares have decreased 22% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $68.69, a drop of 44% in the last 12 months.