earnings
confidence high
sentiment negative
materiality 0.70
Vicor Q3 revenue $93.2M (-13.6% YoY, +8.5% QoQ); EPS $0.26 vs $0.37 YoY
VICOR CORP
2024-Q3 EPS reported
-$0.09
revenue$262,892,000
- Revenue $93.2M, down 13.6% YoY, up 8.5% sequentially; net income $11.6M ($0.26 diluted) vs $16.6M ($0.37) YoY.
- Gross margin 49.1% vs 51.8% YoY and 49.8% Q2; operating expenses $40.4M relatively flat YoY.
- Cash from operations $22.6M; cash and equivalents $267.6M (+6.2% QoQ); backlog $150.6M (-13.8% YoY).
- CEO cited initial deliveries of 2nd gen VPD for AI; ITC initial determination may preclude imports of infringing modules.