EDEN PRAIRIE, Minn. (AP) _ NVE Corp. (NVEC) on Wednesday reported fiscal third-quarter net income of $3.7 million.

On a per-share basis, the Eden Prairie, Minnesota-based company said it had net income of 77 cents.

The nanotechnology company posted revenue of $6.5 million in the period.

NVE shares have decreased 1.5% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $70.30, a decrease of 27% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NVEC at https://www.zacks.com/ap/NVEC

Automated Insights, source Associated Press News