NVE Corporation (NASDAQ:NVEC) is set to announce first quarter earning results on Wednesday 22nd July 2020, after market close.
Previous Quarter Performance
NVE Corporation unwinded income for the fourth quarter of $ 0.69 per share, from the revenue of $ 6.15 million. The quarterly earnings declined 28.57 percent while revenues compared with the same quarter last year.
The consensus estimates are in revenue The bottom line results street analysts by $ 0.02 or , at the same time, top line results analysts by $ 2.29 million or .
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of NVEC was $ 61.98, representing a 44.64 % increase from the 52 week low of $ 42.85 and a 18.87 % decrease over the 52 week high of $ 76.40.
The company has a market capital of $ 299.68 million and is part of the Technology sector and Semiconductors industry.
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Conference Call
NVE Corporation will be hosting a conference call at 5:00 PM eastern time on 22nd July 2020, to discuss its 1Q21 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.nve.com
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.
