NVE shares are trading lower after the company reported a year-over-year decrease in Q2 EPS and sales results
Portfolio Pulse from Benzinga Newsdesk
NVE Corporation reported a year-over-year decrease in Q2 earnings per share (EPS) and sales results, leading to a drop in its share price.

October 18, 2023 | 8:35 pm
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NEGATIVE IMPACT
NVE Corporation's Q2 earnings and sales results have decreased compared to the previous year, which has negatively impacted its stock price.
NVE Corporation's lower Q2 earnings and sales results indicate a potential decrease in profitability, which can negatively impact investor sentiment and lead to a decrease in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100