Vicor Corporation Reports Results for the First Quarter Ended March 31, 2020

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Go back to Vicor Corporation Reports Results for the First Quarter Ended March 31, 2020

Vicor Corp (VICR) Misses Q1 EPS by 9c

April 23, 2020 4:20 PM EDT

Vicor Corp (NASDAQ: VICR) reported Q1 EPS of ($0.04), $0.09 worse than the analyst estimate of $0.05. Revenue for the quarter came in at $63.4 million versus the consensus estimate of $63.3 million.

Commenting on first quarter performance, Dr. Patrizio Vinciarelli, Chief Executive Officer, stated, Q1 revenues fell short of forecast as supply chain delays caused production inefficiencies. Sequentially lower gross margins... More