NVE Corporation reported unaudited earnings results for the third quarter and nine months ended December 31, 2017. For the quarter, the company reported total revenue of $7,360,789 against $7,462,679 a year ago. The decrease was due to a 9% decrease in product sales, partially offset by a 164% increase in contract research and development revenue. Income from operations was $4,537,317 against $4,748,693 a year ago. Income before taxes was $4,941,982 against $5,143,900 a year ago. Net income was $3,571,602 or $0.74 basic and diluted share against $3,483,744 or $0.72 basic and diluted share a year ago. For the nine months, the company reported total revenue of $21,964,689 against $21,472,990 a year ago. The increase was primarily due to a 33% increase in contract research and development revenue. Income from operations was $13,305,729 against $13,372,853 a year ago. Income before taxes was $14,460,032 against $14,636,777 a year ago. Net income was $10,030,252 or $2.07 basic and diluted share against $9,921,486 or $2.05 basic and diluted share a year ago.