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Stock Market & Financial Investment News

News Breaks
April 8, 2014
13:19 EDTNVECEverspin and NVE Corp. settle lawsuits
Everspin Technologies announced that Everspin and NVE Corporation have agreed to dismiss, with prejudice, an NVE lawsuit against Everspin filed January 3, 2012 and an Everspin lawsuit against NVE filed February 24, 2012. Both lawsuits alleged patent infringement and were filed in the U.S. District Court for the Minnesota District. The parties have further agreed not to assert the patents in either suit against the other party in the future, and Everspin agreed not to participate in current inter partes reexamination proceedings pending against NVE’s patents in suit. The agreement is limited to the patents asserted in the 2012 lawsuits.
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July 23, 2014
16:44 EDTNVECNVE Corp. reports Q2 EPS 83c, one estimate 58c
Reports Q2 revenue $8.45M, one estimate $6.85M.

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