Vicor Corp (VICR) Misses Q1 EPS by 16c

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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