Vicor Corp (VICR) Misses Q3 EPS by 15c, Revs Miss

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Go back to Vicor Corp (VICR) Misses Q3 EPS by 15c, Revs Miss

Vicor Corporation Reports Results for the Third Quarter Ended September 30, 2021

October 21, 2021 4:05 PM EDT

ANDOVER, Mass., Oct. 21, 2021 (GLOBE NEWSWIRE) -- Vicor Corporation (NASDAQ: VICR) today reported financial results for the third quarter ended September 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 third quarter ended September 30, 2021 totaled $84.9 million, an 8.7% increase from $78.1 million for the corresponding period a year ago, but an 11.0% sequential decrease from $95.4 million in the second quarter of 2021.

Gross margin increased to $42.8 million for the third... More