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

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