NVE (NVEC) Set to Announce Earnings on Wednesday

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NVE (NASDAQ:NVEC) is set to issue its quarterly earnings data after the market closes on Wednesday, July 17th.

NVE (NASDAQ:NVEC) last announced its earnings results on Wednesday, May 1st. The semiconductor company reported $0.59 EPS for the quarter. NVE had a net margin of 54.81% and a return on equity of 17.21%. The firm had revenue of $5.59 million for the quarter.

Shares of NVEC stock opened at $71.30 on Tuesday. NVE has a 12 month low of $66.35 and a 12 month high of $129.38. The company has a market cap of $329.80 million, a PE ratio of 22.58 and a beta of 1.30. The firm’s fifty day simple moving average is $70.70.

NVEC has been the topic of a number of research reports. ValuEngine upgraded shares of Yirendai from a “strong sell” rating to a “sell” rating in a report on Friday, May 3rd. BidaskClub upgraded shares of Kandi Technologies Group from a “strong sell” rating to a “sell” rating in a report on Friday, May 17th.

NVE Company Profile

NVE Corporation develops and sells devices that use spintronics, a nanotechnology that utilizes electron spin 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 the factory automation market; and custom and medical sensors for medical devices to replace electromechanical magnetic switches.

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Earnings History for NVE (NASDAQ:NVEC)

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