NVE reports 4Q results, signs agreement with Phonak

NVE reported their 4Q results today. Total revenue for the fourth quarter of fiscal 2009 increased 14% to $6.90 million. Net income for the fourth quarter of fiscal 2009 increased 38% to $3.11 million.

NVE also signed a 3-year supply agreement with Phonak AG, a hearding aid producer.