Vicor Earnings Reports

Vicor Corporation reported Q4 2024 revenue of $96.2 million, up 3.8% year-over-year. Gross margin improved to 52.4%, while operating expenses increased to $41.2 million. Net income reached $10.2 million, or $0.23 per diluted share, compared to $8.7 million in the same quarter last year. Cash flow from operations dropped to $10.1 million, reflecting higher costs and strategic investments.

Vicor Corporation reported Q3 2024 revenues of $93.2 million, a 13.6% decrease year-over-year but an 8.5% increase sequentially. Net income was $11.6 million, or $0.26 per diluted share. Cash flow from operations totaled $22.6 million.

Vicor Corporation reported a decrease in revenue to $85.9 million, a net loss of $(1.2) million, and improved cash flow from operations totaling $15.6 million for the second quarter of 2024.

Vicor Corporation reported Q1 2024 financial results with revenues of $83.9 million, a 14.3% decrease year-over-year. Net income was $2.6 million, or $0.06 per diluted share, down from $11.2 million, or $0.25 per diluted share, in the same period last year. Gross margin increased to 53.8% compared to 47.6% in the prior year.

Vicor's Q4 2023 revenues totaled $92.7 million, a 12.2% decrease year-over-year. However, gross margin percentage increased to 51.1%, and net income rose to $8.7 million, or $0.19 per diluted share. The company's backlog was $160.8 million, and cash and cash equivalents increased to $242.2 million.

Vicor Corporation reported a 4.6% increase in revenue to $107.8 million and a significant rise in net income to $16.6 million, or $0.37 per diluted share, for the third quarter ended September 30, 2023. Gross margin improved to 51.8%, and cash flow from operations increased to $23.8 million. The company's backlog decreased to $174.7 million.

Vicor Corporation reported Q2 2023 revenues of $106.7 million, a 4.5% increase year-over-year. Net income was $17.1 million, or $0.38 per diluted share, compared to $10.6 million, or $0.24 per diluted share, for the corresponding period a year ago. Cash flow from operations totaled $19.0 million for the quarter.

Vicor Corporation reported a revenue of $97.8 million for the first quarter ended March 31, 2023, representing a 10.8% increase year-over-year. The company's net income was $11.2 million, or $0.25 per diluted share, compared to $5.0 million, or $0.11 per diluted share, for the corresponding period a year ago.

Vicor Corporation released its financial results for the fourth quarter and the year ended December 31, 2022.

Vicor Corporation reported a 21.4% increase in revenue compared to the same quarter last year, but experienced a decrease in net income due to a deteriorating macroeconomic environment and legal expenses. The gross margin decreased to 45.5% compared to 50.4% for the corresponding period a year ago. The book-to-bill ratio came in below 1, reflecting a reduction in demand caused by recent market conditions.

Vicor Corporation reported Q4 2021 revenues of $90.3 million, a 7.1% increase year-over-year. Net income for the quarter was $8.9 million, or $0.20 per diluted share. The company experienced component shortages and capacity constraints which negatively impacted margins.

Vicor Corporation reported a strong second quarter with a 34.8% increase in revenue compared to the corresponding period a year ago, reaching $95.4 million. Gross margin and net income also saw significant increases, with net income reaching $19.4 million, or $0.43 per diluted share.

Vicor Corporation reported a 33.5% increase in revenues for the fourth quarter ended December 31, 2020, totaling $84.3 million. Net income for the quarter was $11.2 million, or $0.25 per diluted share, compared to $1.3 million, or $0.03 per diluted share, for the same period a year ago.

Vicor Corporation reported revenues of $78.1 million, a 10.4% increase year-over-year. Net income was $5.8 million, or $0.13 per diluted share. The company's cash and cash equivalents increased to approximately $203.6 million.

Vicor Corporation reported revenues of $70.7 million for the second quarter ended June 30, 2020, an 11.7% increase from $63.4 million for the corresponding period a year ago. Net income for the second quarter was $2.7 million, or $0.06 per diluted share, compared to net income of $2.6 million, or $0.06 per diluted share, for the corresponding period a year ago.

Vicor Corporation reported Q4 2019 revenues of $63.1 million, a 14.4% decrease year-over-year, and net income of $1.3 million, or $0.03 per diluted share, compared to $6.9 million, or $0.17 per diluted share, for the corresponding period a year ago. The results were influenced by tariffs, trade restrictions, and program rescheduling, with near-term visibility clouded by the potential impact of the coronavirus.