Vicor Corp (VICR) Misses Q4 EPS by 6c, Revenues Miss

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Go back to Vicor Corp (VICR) Misses Q4 EPS by 6c, Revenues Miss

Vicor Corporation Reports Results for the Fourth Quarter Ended December 31, 2019

February 25, 2020 4:05 PM EST

ANDOVER, Mass., Feb. 25, 2020 (GLOBE NEWSWIRE) -- Vicor Corporation (NASDAQ: VICR) today reported financial results for the fourth quarter and year ended December 31, 2019.  These results will be discussed later today at 5:00 p.m. Eastern Time, during managements quarterly investor conference call.  The details for the call are presented below. 

Revenues for the fourth quarter ended December 31, 2019 totaled $63.1 million, a 14.4% decrease from $73.7 million for the corresponding period a year ago, and a 10.8% sequential decrease from $70.8 million in the third quarter of 2019. 

Gross margin dollars decreased to $29.8... More