Vicor Corp (VICR) Misses Q1 EPS by 16c

Go back to Vicor Corp (VICR) Misses Q1 EPS by 16c

Vicor Corporation Reports Results for the First Quarter Ended March 31, 2022

April 21, 2022 4:05 PM EDT

ANDOVER, Mass., April 21, 2022 (GLOBE NEWSWIRE) -- Vicor Corporation (NASDAQ: VICR) today reported financial results for the first quarter ended March 31, 2022. 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 below.  

Revenues for the first quarter ended March 31, 2022 totaled $88.3 million, a 0.6% decrease from $88.8 million for the corresponding period a year ago, and a 2.2% sequential decrease from $90.3 million in the fourth quarter of 2021.

Gross margin decreased to $37.6 million for the first quarter of... More