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0 0.0409760589318599 0.0453499079189687 0.104972375690608 0.130755064456722 0.107274401473296 0.115101289134438 0.104972375690608
Stock impact report

Vicor Corporation Reports Results for the Third Quarter Ended September 30, 2024

Vicor Corporation (VICR) 
Last vicor corporation earnings: 4/23 04:05 pm Check Earnings Report
Company Research Source: GlobeNewswire
ANDOVER, Mass., Oct. 22, 2024 (GLOBE NEWSWIRE) -- Vicor Corporation (NASDAQ: VICR) today reported financial results for the third quarter ended September 30, 2024. These results will be discussed later today at 5:00 p.m. Eastern Time, during management’s quarterly investor conference call. The details for the call are below. Revenues for the third quarter ended September 30, 2024 totaled $93.2 million, a 13.6% decrease from $107.8 million for the corresponding period a year ago, and an 8.5% sequential increase from $85.9 million in the second quarter of 2024. Gross margin decreased to $45.7 million for the third quarter of 2024, compared to $55.9 million for the corresponding period a year ago but increased from $42.8 million for the second quarter of 2024. Gross margin, as a percentage of revenue, decreased to 49.1% for the third quarter of 2024, compared to 51.8% for the corresponding period a year ago and 49.8% for the second quarter of 2024. Operating expenses increased to $40 Show less Read more
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