{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-115369","form_type":"8-K","ticker":"VICR","cik":"0000751978","company_name":"VICOR CORP","filed_at":"2023-04-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.158570+00:00","generated_at":"2026-06-16T17:35:40.928820+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Vicor Q1 revenue up 10.8% YoY to $97.8M, EPS $0.25; backlog drops 36% YoY","bullets":["Revenue $97.8M, up 10.8% YoY; net income $11.2M ($0.25 diluted EPS) vs $5.0M ($0.11) a year ago.","Gross margin improved to 47.6% from 42.6% a year ago; operating cash flow $10.1M.","Backlog fell 36% YoY to $271.3M; bookings weak until AI OEMs adopt advanced power distribution.","Automotive progress with 4G modular solutions up to 150kW; production ramps expected starting 2025.","First ChiP foundry completion imminent; 5G FPA for scalable vertical PDNs for AI systems."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-115369","json":"https://secwatch.observer/filing/0001193125-23-115369.json","markdown":"https://secwatch.observer/filing/0001193125-23-115369.md","text":"https://secwatch.observer/filing/0001193125-23-115369.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/751978/000119312523115369/0001193125-23-115369-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/751978/000119312523115369/d484570d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T17:35:40.928820+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"3cd0402276d552e6a0ecb7249fe0703454ce39fc","claim":"VICOR CORP reported the first quarter ended March 31, 2023 results: revenue $97.8 million, net income $11.2 million, EPS $0.25 per diluted share.","evidence_excerpt":"Revenues for the first quarter ended March 31, 2023 totaled $97.8 million, a 10.8% increase from $88.3 million for the corresponding period a year ago, and a 7.3% sequential decrease from $105.5 million in the fourth quarter of 2022. Gross margin increased to $46.5 million for the first quarter of 2023, compared to $37.6 million for the corresponding period a year ago, and decreased sequentially from $49.1 million for the fourth quarter of 2022. Gross margin, as a percentage of revenue, increased to 47.6% for the first quarter of 2023, compared to 42.6% for the corresponding period a year ago, and from 46.6% for the fourth quarter of 2022. Net income for the first quarter was $11.2 million, or $0.25 per diluted share, compared to net income of $5.0 million or $0.11 per diluted share, for the corresponding period a year ago and net income of $8.1 million, or $0.18 per diluted share, for the fourth quarter of 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/751978/000119312523115369/0001193125-23-115369-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended March 31, 2023"},{"label":"Revenue","value":"$97.8 million"},{"label":"Net income","value":"$11.2 million"},{"label":"EPS","value":"$0.25 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}