Vicor Corp (VICR) Tops Q4 EPS by 8c, Revenues Beat

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Go back to Vicor Corp (VICR) Tops Q4 EPS by 8c, Revenues Beat

Vicor Corporation Reports Results for the Fourth Quarter and Year Ended December 31, 2020

February 25, 2021 4:05 PM EST

ANDOVER, Mass., Feb. 25, 2021 (GLOBE NEWSWIRE) -- Vicor Corporation (NASDAQ: VICR) today reported financial results for the fourth quarter ended December 31, 2020.  

Fourth quarter and full year financial 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, 2020 totaled $84.3 million, a 33.5% increase from $63.1 million for the corresponding period a year ago, and a 7.9% sequential increase from $78.1 million for the third quarter of 2020.

Gross margin increased... More