Vicor Corporation (VICR) PT Raised to $125 at Needham & Company

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Go back to Vicor Corporation (VICR) PT Raised to $125 at Needham & Company

Vicor Corporation Reports Results for the Second Quarter Ended June 30, 2021

July 22, 2021 4:05 PM EDT

ANDOVER, Mass., July 22, 2021 (GLOBE NEWSWIRE) -- Vicor Corporation (NASDAQ: VICR) today reported financial results for the second quarter ended June 30, 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 second quarter ended June 30, 2021 totaled $95.4 million, a 34.8% increase from $70.8 million for the corresponding period a year ago, and a 7.4% sequential increase from $88.8 million in the first quarter of 2021.

Gross margin increased to $49.9 million for the second... More