Last $69.33 USD
Change Today +0.33 / 0.48%
Volume 24.8K
NVEC On Other Exchanges
As of 8:10 PM 08/27/14 All times are local (Market data is delayed by at least 15 minutes).

nve corp (NVEC) Snapshot

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08/11/14 - $70.03
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09/18/13 - $49.25
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nve corp (NVEC) Details

NVE Corporation is engaged in the development and sale of devices that use spintronics, a nanotechnology, which relies on electron spin rather than electron charge to acquire, store, and transmit information. The company manufactures spintronic products, including sensors and couplers for use in acquiring and transmitting data. Its products comprise standard sensors to detect the presence of a magnetic or metallic material to determine position or speed primarily for factory automation market; and custom and medical sensors for medical devices to replace electromechanical magnetic switches. The company also offers spintronic couplers, such as passive-input couplers, high-speed couplers, and isolated network couplers. In addition, it licenses the spintronic magnetoresistive random access memory technology to store data, as well as conducts contract research and development activities. The company sells its products through distributors primarily in the United States, Europe, Asia, and other regions. NVE Corporation was founded in 1982 and is headquartered in Eden Prairie, Minnesota.

nve corp (NVEC) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $273.3K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $164.0K
Compensation as of Fiscal Year 2014.

nve corp (NVEC) Key Developments

NVE Corp. Reports Unaudited Earnings Results for the First Quarter Ended June 30, 2014

NVE Corp. reported unaudited earnings results for the first quarter ended June 30, 2014. For the quarter, the company reported total revenue of $8,453,035 compared to $6,176,933 a year ago. The increase was due to a 40% increase in product sales, partially offset by a 48% decrease in contract research and development revenue. Income from operations was $5,461,611 compared to $3,282,863 a year ago. Income before taxes was $6,010,165 compared to $3,809,202 a year ago. Net income was $4,037,110 or $0.83 per basic and diluted share compared to $2,566,825 or $0.53 per basic and diluted share a year ago, driven by a 40% increase in product sales. Operations generated cash flow of $4.48 million for the quarter.

NVE Corp. Presents at 3rd Annual InvestMNt Conference, Aug-06-2014 01:30 PM

NVE Corp. Presents at 3rd Annual InvestMNt Conference, Aug-06-2014 01:30 PM. Venue: University of St. Thomas Corporate Room Block, 1101 LaSalle Avenue, Minneapolis, MN 55403, United States.

NVE Corp. to Report Q1, 2015 Results on Jul 23, 2014

NVE Corp. announced that they will report Q1, 2015 results at 5:00 PM, Eastern Standard Time on Jul 23, 2014


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