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NVE: Fiscal 1Q Earnings Snapshot

July 17, 2019

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.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NVEC at https://www.zacks.com/ap/NVEC

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