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Vicor Fiscal Q2 2021 Earnings Report - CapyFin

Vicor

🇺🇸 NASDAQ:VICR

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Overview Earnings Dividends Seasonality Metrics

Jul 22, 2021

•

Jun 30, 2021

Vicor Q2 2021 Earnings Report

Reported financial results for the second quarter ended June 30, 2021.

Key Takeaways

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.

Revenues for Q2 2021 totaled $95.4 million, a 34.8% increase year-over-year.

Gross margin increased to $49.9 million, with a gross margin percentage of 52.3%.

Net income for Q2 was $19.4 million, or $0.43 per diluted share.

Cash flow from operations totaled $12.3 million for the second quarter.

Total Revenue

$95.4M

Previous year: $70.8M