EDEN PRAIRIE, Minn. (AP) _ NVE Corp. (NVEC) on Wednesday reported fiscal second-quarter profit of $3.8 million.
The Eden Prairie, Minnesota-based company said it had net income of 79 cents per share.
The nanotechnology company posted revenue of $6.2 million in the period.
NVE shares have declined 24% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $66.60, a decrease of 27% in the last 12 months.