NVE Corporation (NVEC) Faces Investor Scrutiny Amid Revenue Pull-Forward- HBSS
PR Newswire•30/10/2026•13:37 ET
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Key Highlights
- ➤Q2 2027 revenue fell 47% sequentially; net income dropped 50%
- ➤NVE product sales declined 48% from the prior quarter
- ➤Management said orders were pulled forward from Q2 into Q1
- ➤NVE shares plunged 33% after the Q2 results announcement
- ➤Hagens Berman opened an investigation into NVE’s sales transparency and accounting practices
Expert Statements
Reed Kathrein, Hagens Berman partner leading the investigation
“We're focused on whether NVE was sufficiently transparent about its sales and accounting practices.”
NVE Corporation (NVEC) Faces Investor Scrutiny Amid Revenue Pull-Forward- HBSS PR Newswire
SAN FRANCISCO, Oct. 30, 2026 /PRNewswire/ -- On October 22, 2026, investors in NVE Corporation (NASDAQ: NVEC) saw the price of their shares crater $34.71 (-33%) on news that its Q2 2027 revenue sequentially fell 47% and the company revealed it had pulled forward revenues to Q1 from Q2.
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