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Jun 30, 2020
Vicor Q2 2020 Earnings Report
Reported an increase in revenue and net income compared to the corresponding period a year ago.
Key Takeaways
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.
Second quarter revenues totaled $70.7 million, an 11.7% increase year-over-year.
Gross margin increased to $30.3 million.
Net income for the second quarter was $2.7 million, or $0.06 per diluted share.
Second quarter bookings increased 45.4% to $87.5 million.
Forward Guidance
The outlook for the third quarter is for a sequential increase in revenue and earnings per share.
Positive Outlook
- Expects a sequential increase in revenue
- Expects a sequential increase in earnings per share
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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