trending Market Intelligence /marketintelligence/en/news-insights/trending/DyJfIhlUUcDX0ZhmAlbrLg2 content esgSubNav
In This List

NVE Corp. fiscal Q3 profit falls YOY

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Volume of Investment Research Reports on Inflation Increased in Q4 2021

Blog

Price wars in India: Disney+ Hotstar vs. Amazon Prime Video vs. Netflix

Blog

Using ESG Analysis to Support a Sustainable Future


NVE Corp. fiscal Q3 profit falls YOY

NVE Corp. said its normalized net income for the fiscal third quarter ended Dec. 31, 2015, amounted to 49 cents per share, a decrease of 7.1% from 53 cents per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $2.4 million, a decline of 7.6% from $2.6 million in the year-earlier period.

The normalized profit margin dropped to 39.8% from 41.2% in the year-earlier period.

Total revenue decreased year over year to $6.0 million from $6.3 million, and total operating expenses fell year over year to $2.7 million from $2.7 million.

Reported net income fell 7.6% from the prior-year period to $2.6 million, or 53 cents per share, from $2.8 million, or 57 cents per share.