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NVEC-News
NVEC-Events
NVE Reports Q2 Revenue of $5.8M, Down Year-over-Year
Reports Q2 revenue $5.8M vs. $6.3M last year. "We're pleased to report a 36% increase in revenue for the six months ended September 30, 2026, compared to the prior-year period, despite an 8% decrease in revenue for the second quarter of fiscal 2027 compared to the prior-year quarter," said NVE President and Chief Executive Officer Peter G. Eames, PhD.
NVE Corp. Down 28% to $74.50 After Q2 Results
NVE Corp. down 28% at $74.50 after Q2 results
NVE Reports Q1 Revenue of $11.0M
Reports Q1 revenue $11.0M vs. $6.1M last year. "We're pleased to report exceptional growth in revenue and earnings driven by new product sales and a strong semiconductor market," said NVE President and Chief Executive Officer Daniel A. Baker, Ph.D.
NVE Corporation CEO Daniel A. Baker Announces Retirement
NVE Corporation "announced that Daniel A. Baker, Ph.D. will retire as president and CEO effective as of the company's Annual Shareholders' Meeting on August 6, 2026. The Board of Directors has appointed Peter G. Eames, Ph.D., currently vice president of advanced technology, as president and CEO effective at that time. Subject to shareholder approval, Dr. Baker will remain on the Company's Board of Directors as Chairman, current Chairman Terrence W. Glarner will remain on the Board, and Dr. Eames will join the Board. In addition to the incumbent directors and Dr. Eames, the Board nominated a new director, Carolyn W. Valentine. Pending shareholder approval, the Board will expand from five to seven directors."
Trump Eases Greenland Takeover Stance, Market Rebounds
Fear of a cross-Atlantic escalation subsided on Wednesday as President Trump backed off on his posture for a Greenland takeover and broad-based tariffs directed at large European economies with the announcement of a "framework of a future deal" being put into place. Large-cap tech bounced from yesterday's panic selling, though sectors leading the S&P 500 Energy and Materials. All 11 sectors were up but the defensively geared space - Utilities and Consumer Staples saw more subdued gains. In commodities, Oil is still supported above $60 per barrel even with API inventories printing another week of outsized build. In metals, the geopolitical premium boosting Gold and Silver was repriced, with the two contracts slipping below $4,800 and $91 per ounce respectively.In the opening hour of the evening session, stock futures suggest that Wednesday's rebound could see some follow-through, even though PCE inflation datapoint still looms for Thursday morning - S&P e-minis are up 0.3% and Nasdaq 100 contract is up 0.4%.Check out this evening's top movers from around Wall Street, compiled by The Fly.HIGHER AFTER EARNINGS -Interparfumsup 6.0%NVE Corporationup 2.4%CACIup 0.9%Kinder Morganup 0.7%ALSO HIGHER -Venture Globalup 11.3% after disclosing arbitration award from RepsolKarman Holdingsup 7.5% after FY25 pre-announcementDOWN AFTER EARNINGS -Knight-Swift Transportationdown 3.1%Pinnacle Financial Partners (down 1.7%RLI Corp. (RLI) down 1.0%ALSO LOWER -WhiteFiberdown 7.2% after convertible debt offeringAxogendown 6.7% after equity offeringT1 Energydown 2.6% after equity offering
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