Vicor Q2 revenue up 7% YoY to $102.2M; net income drops to $10.6M from $19.4M

VICOR CORP

2022-Q2 EPS reported $0.35 revenue$190,468,000

Revenue $102.2M (+7.1% YoY, +15.7% QoQ); gross margin 45.8% down from 52.3% YoY.
Net income $10.6M ($0.24 diluted) vs $19.4M ($0.43) YoY; Q1 was $5.0M ($0.11).
Cash from ops $10.8M; cash+investments $207.6M (down 1.6% sequentially).
CEO: Advanced Products up 28% sequentially; book-to-bill <1; backlog >$400M.
CapEx $14.2M; ChiP foundry nearing completion with 1M panels/year capacity.

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