Vicor Corp (VICR) Tops Q1 EPS by 9c, Revenues Beat

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Go back to Vicor Corp (VICR) Tops Q1 EPS by 9c, Revenues Beat

Vicor Corporation Reports Results for the First Quarter Ended March 31, 2021

April 22, 2021 4:05 PM EDT

ANDOVER, Mass., April 22, 2021 (GLOBE NEWSWIRE) -- Vicor Corporation (NASDAQ: VICR) today reported financial results for the first quarter ended March 31, 2021. 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 first quarter ended March 31, 2021 totaled $88.8 million, a 40.1% increase from $63.4 million for the corresponding period a year ago, and a 5.3% sequential increase from $84.3 million the fourth quarter of 2020.

Gross margin increased to $44.7 million for the first quarter of... More