NVE: Fiscal Q4 Earnings Snapshot

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EDEN PRAIRIE, Minn. (AP) — EDEN PRAIRIE, Minn. (AP) — NVE Corp. (NVEC) on Wednesday reported earnings of $8.2 million in its fiscal fourth quarter.

On a per-share basis, the Eden Prairie, Minnesota-based company said it had net income of $1.70.

The nanotechnology company posted revenue of $12.8 million in the period.

For the year, the company reported profit of $22.7 million, or $4.70 per share. Revenue was reported as $38.3 million.

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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

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