Vicor Q3 revenue $107.8M (+4.6% YoY); net income $16.6M ($0.37 EPS) vs $1.8M YoY

VICOR CORP

2023-Q3 EPS reported $1.00 revenue$312,407,000

Gross margin improved to 51.8% from 45.5% a year ago; gross profit $55.9M.
Cash flow from operations $23.8M, up from $6.6M YoY; cash balance $227.8M.
Backlog fell 53% YoY to $174.7M; CEO cites weak bookings but progress in AI power systems.
Capital expenditures $7.7M vs $14.4M a year ago.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

VICOR CORP reported for the third quarter ended September 30, 2023 results: revenue $107.8 million, net income $16.6 million, EPS $0.37 per diluted share.

Period: for the third quarter ended September 30, 2023
Revenue: $107.8 million
Net income: $16.6 million
EPS: $0.37 per diluted share
Result: reported results

Exact text from the filing

p.m. Eastern Time, during management’s quarterly investor conference call. The details for the call are below. Revenues for the third quarter ended September 30, 2023 totaled $107.8 million, a 4.6% increase from $103.1 million for the corresponding period a year ago, and a 1.0% sequential increase from $106.7 million in the second quarter of 2023. Gross margin

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Source: SEC EDGAR

accession 0001193125-23-261683

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