NVE Q2 EPS $0.98 Down From $1.26 YoY, Sales $7.13M Down From $10.72M YoY
Portfolio Pulse from Benzinga Newsdesk
NVE Corporation (NASDAQ:NVEC) reported a decrease in Q2 earnings and sales YoY. Earnings per share fell by 22.22% to $0.98, and sales dropped by 33.45% to $7.13 million.
October 18, 2023 | 8:08 pm
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NVE Corporation reported a significant decrease in Q2 earnings and sales YoY, which could negatively impact the stock price.
NVE Corporation's Q2 earnings and sales have significantly decreased compared to the same period last year. This could lead to a negative sentiment among investors, potentially causing a decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100