Vicor Corp (VICR) Tops Q3 EPS by 5c

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Vicor Corporation Reports Results for the Third Quarter Ended September 30, 2020

October 22, 2020 4:05 PM EDT

ANDOVER, Mass., Oct. 22, 2020 (GLOBE NEWSWIRE) -- Vicor Corporation (NASDAQ: VICR) today reported financial results for the third quarter ended September 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 third quarter ended September 30, 2020 totaled $78.1 million, a 10.4% increase from $70.8 million for the corresponding period a year ago, and also a 10.4% sequential increase from $70.8 million for the second quarter of 2020.

Gross margin increased to $33.3 million... More