secwatch.observer — SEC 8-K summary
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Issuer:     VICOR CORP (VICR)
CIK:        0000751978
Form:       8-K
Filed at:   2025-04-29T23:59:59+00:00
Accession:  0001193125-25-103857
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Vicor Q1 revenue up 12% YoY to $94M, EPS $0.06 vs loss; gross margin drops to 47.2%
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- Revenue $94.0M, up 12% YoY from $83.9M but down 2.3% sequentially from $96.2M.
- Net income $2.5M ($0.06 diluted EPS) vs net loss $14.5M ($0.33) in Q1 2024; sequential decline from $10.2M ($0.23).
- Gross margin 47.2% of revenue, down from 53.8% YoY and 52.4% sequentially, citing licensee transition.
- Cash from ops $20.1M; backlog $171.7M (+14.2% YoY, +10.4% sequentially); cash $296.1M.
- CEO notes second-gen VPD for AI processors progressing; licensing traction with OEMs and hyper-scalers.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/751978/000119312525103857/0001193125-25-103857-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/751978/000119312525103857/d841672d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-103857

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer