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NVE: Fiscal 3Q Earnings Snapshot

EDEN PRAIRIE, Minn. (AP) _ NVE Corp. (NVEC) on Wednesday reported fiscal third-quarter net income of $3.4 million.

On a per-share basis, the Eden Prairie, Minnesota-based company said it had net income of 71 cents.

The nanotechnology company posted revenue of $6.3 million in the period.

NVE shares have risen 11 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $97.50, an increase of 10 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NVEC at https://www.zacks.com/ap/NVEC