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NVE Q3 Earnings Call Highlights
Yahoo Finance· 2026-01-21 23:42
Operating expenses fell 12% year over year, including a 9% reduction in R&D and a 19% decrease in SG&A. Nelson said R&D declined due to the completion of some wafer-level chip scale packaging activities and the reassignment of some R&D resources to manufacturing. SG&A fell due to timing of selling and marketing activities as well as reassignment of some SG&A resources to manufacturing and new product development.Gross margin was 79% of revenue, down from 84% in the prior-year quarter. Nelson said the declin ...