Vicor Corp (VICR) Tops Q2 EPS by 4c, Revenues Beat

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Vicor Corporation Reports Results for the Second Quarter Ended June 30, 2020

July 23, 2020 4:05 PM EDT

ANDOVER, Mass., July 23, 2020 (GLOBE NEWSWIRE) -- Vicor Corporation (NASDAQ: VICR) today reported financial results for the second quarter ended June 30, 2020.  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 second quarter ended June 30, 2020 totaled $70.7 million, an 11.7% increase from $63.4 million for the corresponding period a year ago, and an 11.6% sequential increase from $63.4 million for the first quarter of 2020. 

Gross margin increased to $30.3 million for the second... More