NVE (NASDAQ:NVEC) Issues Quarterly Earnings Results

NVE (NASDAQ:NVEC) announced its quarterly earnings results on Wednesday. The semiconductor company reported $0.70 earnings per share (EPS) for the quarter, Zacks reports. NVE had a return on equity of 23.21% and a net margin of 54.59%.The business had revenue of $6.22 million for the quarter.

Here are the key takeaways from NVE’s conference call:

• Revenue rose 23% year‑over‑year in Q3 and net income increased 11% to $3.38M ($0.70/share), driven by broad-based growth across defense, non‑defense, distributor, and direct channels.
• Gross margin fell to 79% from 84% due to a less profitable product mix and higher distributor sales, but operating, pre‑tax, and net margins remain very high at 60%, 68%, and 54% respectively.
• The company completed installation of new high‑precision wafer‑level equipment (to be placed in service by March 31) after $2.18M of fixed‑asset purchases, increasing capacity and enabling atomic‑layer control of spintronic deposition.
• R&D activity produced a new 0.65 mm wafer‑level chip‑scale sensor and contract R&D revenue surged 335% for the quarter, indicating product progress and early commercialization traction.
• NVE secured a two‑year supplier extension with Abbott through Dec 31, 2027 (including price increases) and reported distributors are rebuilding inventories, supporting future demand visibility.

NVE Price Performance

NVEC opened at $76.71 on Friday. NVE has a 1 year low of $51.50 and a 1 year high of $82.30. The company has a market capitalization of $371.28 million, a price-to-earnings ratio of 26.27 and a beta of 1.24. The firm’s fifty day moving average price is $64.84 and its two-hundred day moving average price is $66.87.

NVE Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 27th. Shareholders of record on Monday, February 2nd will be paid a dividend of $1.00 per share. The ex-dividend date is Monday, February 2nd. This represents a $4.00 annualized dividend and a yield of 5.2%. NVE’s dividend payout ratio (DPR) is 140.35%.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of NVE in a report on Monday, December 29th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, the company currently has an average rating of “Hold”.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in NVEC. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of NVE by 5.7% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,873 shares of the semiconductor company’s stock worth $183,000 after buying an additional 156 shares in the last quarter. Jane Street Group LLC bought a new stake in NVE during the first quarter worth $351,000. Finally, State of Tennessee Department of Treasury boosted its position in NVE by 137.4% in the second quarter. State of Tennessee Department of Treasury now owns 6,596 shares of the semiconductor company’s stock worth $486,000 after purchasing an additional 3,818 shares during the last quarter. 65.95% of the stock is currently owned by hedge funds and other institutional investors.

About NVE

NVE Corporation (NASDAQ:NVEC) is a technology company specializing in the development, manufacturing, and marketing of spintronic products. The company’s core expertise lies in magnetoresistive sensing and magnetic-field-based digital isolation, leveraging patented spin-valve and tunneling magnetoresistance technologies to deliver high-performance, low-power solutions.

NVE’s product portfolio includes magnetic sensors for current, position, and angle sensing applications, as well as micro-isolators and digital isolators that provide galvanic isolation in industrial, automotive, medical, instrumentation, and consumer electronics systems.