NASDAQ$NVEC
NVE Corporation · Q3 2024 earnings
Q3 2024 earnings · · Investor relations
Briefing
NVE's Q3 2024 earnings decreased due to a decline in product sales, partially offset by an increase in contract research and development revenue.
NVE Corporation reported a decrease in total revenue for the third quarter of fiscal year 2024, with a slight decrease in net income. The decrease in revenue was primarily due to decreased product sales, although this was partially offset by increased contract research and development revenue. The company declared a quarterly dividend of $1.00 per share.
- Total revenue decreased by 9% to $6.76 million compared to the prior-year quarter.
- Product sales decreased by 12%, while contract research and development revenue increased by 94%.
- Net income decreased slightly by 1% to $4.18 million, or $0.87 per diluted share.
- A quarterly cash dividend of $1.00 per share was declared.
Headline financials
Revenue & EPS history
NVE · Revenue · Quarterly
$6.76M
Forward guidance
Forward-looking statements are subject to risks and uncertainties, including reliance on large customers, economic environments, future sales and revenues, credit losses, and dividend payments.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2024
+0.0%
Avg return
Earnings day
+0.9%
Avg return
5 days after
+1.5%
Avg return
30 days after
46%
30 / 65 earnings
Positive
+18.1%
Q2 2023
Best reaction
-24.6%
Q1 2016
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2026 | +0.3% | +6.3% | +18.3% | |
| Q3 2026 | +12.1% | +8.1% | -3.7% | |
| Q2 2026 | -0.2% | -4.8% | -13.6% | |
| Q1 2026 | -0.5% | -1.0% | +7.2% | |
| Q4 2025 | +11.2% | +16.5% | +19.4% | |
| Q3 2025 | -12.5% | -16.0% | -10.2% | |
| Q2 2025 | -3.5% | -0.6% | +2.5% | |
| Q1 2025 | -1.7% | -0.2% | -1.2% | |
| Q4 2024 | -2.1% | -5.9% | -4.8% | |
| Q3 2024 | +8.0% | +9.9% | +12.9% | |
| Q2 2024 | -17.4% | -19.1% | -12.0% | |
| Q1 2024 | -18.3% | -16.7% | -20.8% | |
| Q4 2023 | +17.1% | +15.4% | +17.0% | |
| Q3 2023 | -5.7% | -4.7% | -0.9% | |
| Q2 2023 | +18.1% | +29.0% | +37.0% | |
| Q1 2023 | +8.3% | +5.1% | +8.7% | |
| Q4 2022 | -0.4% | -2.0% | +4.2% | |
| Q3 2022 | -5.3% | -5.6% | -13.1% | |
| Q2 2022 | +0.4% | +1.3% | +8.1% | |
| Q1 2022 | +3.7% | +4.0% | -10.7% | |
| Q4 2021 | +3.2% | +2.6% | -5.1% | |
| Q3 2021 | +8.5% | +12.6% | +5.8% | |
| Q2 2021 | -2.6% | -4.5% | +5.6% | |
| Q1 2021 | -6.1% | -8.4% | -13.7% | |
| Q4 2020 | +4.1% | +10.4% | +23.8% | |
| Q3 2020 | +1.5% | +3.2% | -1.1% | |
| Q2 2020 | -1.5% | -2.5% | -4.6% | |
| Q1 2020 | -5.3% | -4.1% | -5.6% | |
| Q4 2019 | -6.6% | -5.0% | -23.8% | |
| Q3 2019 | -0.2% | -2.1% | +6.1% | |
| Q2 2019 | +8.5% | +4.6% | -4.9% | |
| Q1 2019 | -8.6% | -4.7% | -5.4% | |
| Q4 2018 | +4.8% | +7.4% | +27.0% | |
| Q3 2018 | -1.8% | -0.8% | -15.4% | |
| Q2 2018 | +8.3% | +7.6% | +6.4% | |
| Q1 2018 | -3.1% | -7.9% | -11.5% | |
| Q4 2017 | -8.1% | -4.1% | -0.5% | |
| Q3 2017 | +1.8% | +3.6% | +4.8% | |
| Q2 2017 | +1.1% | +2.3% | +16.6% | |
| Q1 2017 | +7.6% | +8.0% | +8.9% | |
| Q4 2016 | +1.8% | — | — | |
| Q3 2016 | +3.0% | — | — | |
| Q2 2016 | +9.9% | — | — | |
| Q1 2016 | -24.6% | — | — | |
| Q4 2015 | +6.6% | — | — | |
| Q3 2015 | +0.6% | — | — | |
| Q2 2015 | +4.1% | — | — | |
| Q1 2015 | +15.4% | — | — | |
| Q4 2014 | -0.9% | — | — | |
| Q3 2014 | -2.0% | — | — | |
| Q2 2014 | +1.4% | — | — | |
| Q1 2014 | -1.8% | — | — | |
| Q4 2013 | -2.6% | — | — | |
| Q3 2013 | -1.5% | — | — | |
| Q2 2013 | -8.7% | — | — | |
| Q1 2013 | +13.1% | — | — | |
| Q4 2012 | +6.5% | — | — | |
| Q4 2010 | +6.5% | — | — | |
| Q3 2012 | -1.1% | — | — | |
| Q3 2011 | -1.1% | — | — | |
| Q2 2012 | -16.4% | — | — | |
| Q2 2011 | -16.4% | — | — | |
| Q4 2011 | -2.9% | — | — | |
| Q1 2012 | -2.9% | — | — | |
| Q1 2011 | -2.9% | — | — |
Discussion
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