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July 20th, 2004
NVE Corporation Reports First Quarter
NVE Corporation (Nasdaq: NVEC) today announced financial results for the three months ended June 30, 2004.
Net income for the first quarter was $483,671 or $0.10 per diluted share, compared to $334,418 or $0.07 per share for the prior-year quarter. Total revenue was $2.89 million, compared to $2.82 million for the prior-year
quarter, an increase of 2 percent.
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