🟢 NVE is trading 6.3% up today as Q1 revenue surges 81% on strong sales, CEO transition, and manufacturing expansion

NVE is trading 6.3% higher at $124.98 in pre-market, rebounding after last week’s volatility.

• The move follows the July 22 earnings call highlighting an 81% surge in Q1 revenue to $11 million and a 79% increase in net income.
• Gains are driven by robust product sales, including non-defense products, the completion of a multi-year manufacturing expansion, and a planned CEO transition.