NVE Corporation's first quarter revenue surged 81% to $11.0M, significantly beating estimates.

NVE Corporation reported first quarter fiscal 2027 revenue of $11.0 million and diluted EPS of $1.32, representing year-over-year growth of 81% and 78%, respectively. Both top and bottom-line results significantly exceeded analyst expectations.

Key Highlights

• Total revenue increased 81% to $11.0 million, driven by an 82% increase in product sales and a 53% increase in contract research and development.
• Revenue of $11.0 million and EPS of $1.32 beat consensus estimates of $7.82 million and $0.96, respectively.
• The company's net income for the quarter rose 79% year-over-year to $6.39 million.
• NVE's Board of Directors approved a quarterly cash dividend of $1.00 per share.