earnings
confidence high
sentiment neutral
materiality 0.70
Vicor Q4 EPS $0.23, revenue $96.2M (+3.8% YoY); full year net income falls 89% to $6.1M
VICOR CORP
2024-FY EPS reported
$0.14
revenue$359,058,000
- Q4 net income $10.2M ($0.23 diluted EPS) vs $8.7M ($0.19) YoY; revenue $96.2M (+3.8% YoY, +3.2% sequentially).
- Full year 2024 revenue $359.1M (-11.4% from $405.1M); net income $6.1M ($0.14) vs $53.6M ($1.19) in 2023.
- Gross margin improved to 52.4% in Q4 from 51.1% YoY; full year gross margin 51.2% vs 50.6%.
- Cash flow from operations $50.8M for 2024, down 31.8% from $74.5M.
- CEO notes licensing traction but 2nd gen VPD for AI delayed – development taking longer than expected.