NVEC
NVE Corporation Reports 4Q Results, no MRAM news
Submitted by mram on Thu, 08/05/2008 - 07:14. Investment | NVEC
Total revenue for the fourth quarter of fiscal 2008 increased 33% to $6.05 million from $4.57 million in the prior-year quarter. The revenue increase was primarily due to a 35% increase in product sales to $5.67 million for the fourth quarter of fiscal 2008 from $4.19 million in the prior-year quarter. Net income for the fourth quarter of fiscal 2008 increased 45% to $2.25 million, or $0.47 per diluted share, compared to $1.55 million, or $0.33 per diluted share, for the prior-year quarter. Gross margin was 69% of revenue, operating margin 55%, pretax margin 59%, and net margin 37% for the quarter.NVE Corporation Reports 3Q results, no MRAM news
Submitted by mram on Thu, 24/01/2008 - 05:25. Investment | NVECProduct sales for the quarter increased 25% over the prior-year quarter to $4.25 million from $3.40 million. Total revenue, consisting of product sales and contract research and development revenue, increased 23% to $4.77 million for the third quarter of fiscal 2008 from $3.86 million in the prior-year quarter. Net income for the third quarter of fiscal 2008 increased 62% to $1.70 million, or $0.36 per diluted share, compared to $1.05 million, or $0.22 per share, for the prior-year quarter.For the first nine months of fiscal 2008, product sales increased 25% to $12.83 million from $10.23 million for the first nine months of fiscal 2007. Total revenue increased 22% to $14.48 million for the first nine months of fiscal 2008 from $11.90 million for the prior-year period. Net income for the nine months of fiscal 2008 was $4.93 million, or $1.04 per diluted share compared to $3.23 million, or $0.67 per diluted share, for the first nine months of fiscal 2007.
NVE Founder Wins IEEE Noble Award for MRAM
Submitted by mram on Tue, 04/12/2007 - 06:12. NVECNVE Corporation announced today that its founder, James M. Daughton, Ph.D., has been named a 2008 co-recipient of the prestigious IEEE Daniel E. Noble Award.NVE Corporation Reports Second Quarter Results, no MRAM news
Submitted by mram on Thu, 18/10/2007 - 05:36. Investment | NVECProduct sales for the quarter increased 14% over the prior-year quarter to $4.31 million from $3.78 million. Total revenue, consisting of product sales and contract research and development revenue, increased 14% to $5.00 million for the second quarter of fiscal 2008 from $4.40 million in the prior-year quarter. Net income for the second quarter of fiscal 2008 increased 28% to $1.64 million, or $0.34 per diluted share, compared to $1.28 million, or $0.27 per share, for the prior-year quarter.NVE Notified of Grant of Magnetothermal MRAM Patent
Submitted by mram on Tue, 04/09/2007 - 05:00. NVEC | PatentsNVE Corporation announced today that it has been notified by the U.S. Patent and Trademark Office (USPTO) of the expected grant of a patent relating to magnetothermal Magnetoresistive Random Access Memory (MRAM). NVE has been notified that the patent, titled "Magnetic Memory Layers Thermal Pulse Transitions," will issue today. The patent is number 7,266,013 and covers inventions by Dr. James M. Daughton and Dr. Arthur V. Pohm. The grant is in addition to similarly-titled patent numbers 7,177,178 and 7,023,723.
NVE Corporation Reports First Quarter Results
Submitted by mram on Thu, 19/07/2007 - 04:39. Investment | NVEC Product sales for the quarter increased 40% over the prior-year quarter to $4.27 million from $3.05 million. Total revenue, consisting of product sales and contract research and development revenue, increased 30% to $4.71 million for the first quarter of fiscal 2008 from $3.64 million in the prior-year quarter. Net income for the first quarter of fiscal 2008 increased 78% to $1.59 million, or $0.33 per diluted share, compared to $891,806, or $0.19 per share, for the prior-year quarter. NVE Notified of Grant of Thermomagnetically Assisted Spin-Momentum Transfer MRAM Patent
Submitted by mram on Tue, 12/06/2007 - 12:26. NVEC | PatentsNVE has been notified that the patent, titled `Thermomagnetically Assisted Spin-Momentum-Transfer Switching Memory' will be issued today. The patent is number 7,230,844 and is the grant of a patent under the application published by the USPTO as number 2006-0077707.
NVE Corporation Reports Fourth Quarter and Fiscal Year Results
Submitted by mram on Thu, 03/05/2007 - 05:22. Investment | NVEC Product sales for the fourth quarter of fiscal 2007 increased 50% over the prior-year quarter to $4.19 million from $2.80 million. Total revenue, consisting of product sales and contract research and development revenue, increased 31% to $4.57 million for the fourth quarter of fiscal 2007 from $3.48 million in the prior-year quarter. Net income for the fourth quarter of fiscal 2007 increased 151% to $1.55 million, or $0.33 per diluted share, compared to $619,744, or $0.13 per share, for the prior-year quarter.
NVE Notified of Grant of VMRAM Patent
Submitted by mram on Tue, 20/03/2007 - 12:16. NVEC | PatentsNVE Corporation announced today that it has been notified by the U.S. Patent and Trademark Office (USPTO) of the expected grant of a patent relating to Vertical Transport Magnetoresistive Random Access Memory (VMRAM).NVE Notified of Grant of Magnetothermal MRAM Patent
Submitted by mram on Tue, 13/02/2007 - 13:28. NVEC | PatentsNVE Corporation announced today that it has been notified by the U.S. Patent and Trademark Office (USPTO) of the expected grant of a patent relating to magnetothermal Magnetoresistive Random Access Memory (MRAM).
