Sensor maker NVE Corp reports Q3 revenue jump

Reuters01-22

Sensor maker NVE Corp reports Q3 revenue jump

Overview

Spintronics sensor maker's Q3 fiscal 2026 revenue rose 23% yr/yr
Net income for Q3 fiscal 2026 increased 11% yr/yr
Company announced $1.00 per share quarterly dividend

Outlook

NVE Corporation did not provide specific guidance for future quarters or the full year

Result Drivers

PRODUCT SALES GROWTH - Co reported a 16% increase in product sales, contributing to overall revenue growth
CONTRACT RESEARCH SURGE - Contract research and development revenue increased 335%, boosting overall revenue
BROAD-BASED GROWTH - CEO cited broad-based growth across revenue lines as a driver for quarterly results

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
Q3 Revenue		$6.22 mln
Q3 EPS		$0.70
Q3 Net Income		$3.38 mln
Q3 Dividend		$1

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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