NVE Corporation (NASDAQ:NVEC) Q2 2024 Earnings Call Transcript

Daniel Nelson : We expect anti-tamper sales defense sales to increase. We expect defense sales to recover in the remaining quarter of fiscal 2024. But as far as the timing is hard to say, again, because of the lumpiness of this part of our business because as Dan mentioned in his comments, sales are tied to defense procurement cycles and defense contracts, which can be terribly difficult to predict.

Collin McBirney: Got it, understood. Okay, great. Well, thank you guys. Appreciate it.

Operator: Thank you. I’m showing no further questions in the queue. I would now like to turn the call back over to Daniel for closing remarks.

Daniel Baker : Well, thanks, everyone. We were pleased to report strong earnings and increased cash flow despite the challenging conditions. We look forward to speaking with you again at our next earnings call in January.

Operator: Ladies and gentlemen, this concludes today’s conference call. Thank you for your participation. You may now disconnect.