secwatch.observer — SEC 8-K summary
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Issuer:     VICOR CORP (VICR)
CIK:        0000751978
Form:       8-K
Filed at:   2022-02-24T23:59:59+00:00
Accession:  0001193125-22-052097
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Vicor Q4 revenue $90.3M (+7% YoY); EPS $0.20 vs $0.25; margins pressured by supply issues
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- Q4 net income $8.9M ($0.20 diluted) vs $11.2M ($0.25) a year ago; gross margin 45.2% vs 48.0%.
- FY 2021 revenue $359.4M (+21.2%); net income $56.6M ($1.26 diluted) vs $17.9M ($0.41).
- Advanced Products revenue up 18% sequentially; book-to-bill well above 1; backlog +17% QoQ.
- CEO cites component shortages and capacity constraints; new vertical manufacturing facility nearing Q3 2022 startup.
- Cash and investments $227.6M; cash flow from operations $14.2M in Q4 vs $19.3M a year ago.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/751978/000119312522052097/0001193125-22-052097-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/751978/000119312522052097/d53796d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-052097

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer