secwatch.observer — SEC 8-K summary
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Issuer:     VICOR CORP (VICR)
CIK:        0000751978
Form:       8-K
Filed at:   2022-10-25T23:59:59+00:00
Accession:  0001193125-22-268397
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Vicor Q3 revenue up 21% to $103M but net income falls to $0.18 EPS, hit by legal costs
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- Revenue $103.1M (+21.4% YoY); net income $8.1M ($0.18 diluted EPS) vs $13.3M ($0.29) YoY.
- Gross margin 45.5% of revenue, down from 50.4% YoY; legal expenses from IP litigation hurt profitability.
- Book-to-bill below 1; CEO cites deteriorating macro environment reducing demand for electronic products.
- Cash from ops $6.6M (down from $10.1M YoY); capex $14.4M; cash & investments $202.0M.
- Continuing investment in first ChiP foundry to enable up to ~$1B annual capacity.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/751978/000119312522268397/0001193125-22-268397-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/751978/000119312522268397/d282614d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-268397

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