Vicor Corporation Reports Results for the Second Quarter Ended June 30, 2024

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Needham Reiterates Hold Rating on Vicor Corporation (VICR)

July 24, 2024 7:14 AM EDT

Needham analyst N. Quinn Bolton reiterated a Hold rating on Vicor Corporation (NASDAQ: VICR).

The analyst comments "Vicor posted 2Q24 revenue above our estimate, but earnings came in weaker due to a 400bps sequential decrease in GM and litigation-contingency reserves. Management again refrained... More