Richard J. Nagel, Jr.
upon Mr. Nagel’s previously-announced retirement.
Highest-materiality recent filing
Vicor announces $150M share repurchase authorization, replacing prior program
Board approved repurchase of up to $150M of common stock, superseding prior authorization.
Vicor Q2 revenue $143.4M, EPS $1.04; backlog surges 145% YoY to $380M
Revenue $143.4M, up 26.9% sequentially; net income $49.8M ($1.04 diluted EPS) vs $0.44 in Q1.
Vicor shareholders elect 11 directors, approve executive compensation at annual meeting
All 11 director nominees elected, including Patrizio Vinciarelli (134.8M for, 8.6M withheld) and Estia J. Eichten (131.5M for, 11.9M withheld).
Revenue $113M, up 20.2% YoY and 5.3% sequentially; gross margin 55.2% vs 47.2% YoY.
Q4 product revenue $92.7M (+15.3% YoY, +4.5% sequentially); royalty $14.5M (down 33.1% sequentially on Q3 catch-up).
Vicor Q3 revenue $110.4M +18.5% YoY; EPS $0.63 vs $0.26; gross margin expands to 57.5%
Revenue $110.4M (+18.5% YoY); Q2 $141.0M included $45M patent settlement.
Vicor Q2 revenue $141M (+64% YoY); net income $41.2M vs loss year ago
Revenue $141.0M, up 64.3% YoY and 50.1% sequentially from $85.9M and $94.0M.
Vicor shareholders elect all 11 directors at 2025 annual meeting
Number of directors fixed at eleven; all nominees elected with over 130M votes for each.
Vicor Q1 revenue up 12% YoY to $94M, EPS $0.06 vs loss; gross margin drops to 47.2%
Revenue $94.0M, up 12% YoY from $83.9M but down 2.3% sequentially from $96.2M.
Vicor Q4 EPS $0.23, revenue $96.2M (+3.8% YoY); full year net income falls 89% to $6.1M
Q4 net income $10.2M ($0.23 diluted EPS) vs $8.7M ($0.19) YoY; revenue $96.2M (+3.8% YoY, +3.2% sequentially).
Vicor Q3 revenue $93.2M (-13.6% YoY, +8.5% QoQ); EPS $0.26 vs $0.37 YoY
Revenue $93.2M, down 13.6% YoY, up 8.5% sequentially; net income $11.6M ($0.26 diluted) vs $16.6M ($0.37) YoY.
Vicor Q2 revenue $85.9M, net loss $1.2M; revenue down 19.6% YoY
Revenue $85.9M, down 19.6% YoY from $106.7M; up 2.4% sequentially.
Vicor shareholders elect all 12 director nominees at 2024 annual meeting
Board size fixed at 12; all nominees elected with strong support, no broker non-votes.
Vicor Q1 revenue $83.9M (-14.3% YoY), EPS $0.06 vs $0.25; backlog down 45%
Revenue $83.9M, down from $97.8M YoY; net income $2.6M vs $11.2M YoY ($0.06 vs $0.25 diluted EPS).
Vicor Q4 revenue $92.7M (-12.2% YoY); net income $8.7M vs $8.1M YoY; FY23 revenue up 1.5%
Q4 revenue $92.7M, down 12.2% YoY and 14.1% sequentially; net income $8.7M ($0.19 diluted EPS) vs $8.1M ($0.18) YoY.
Vicor Q3 revenue $107.8M (+4.6% YoY); net income $16.6M ($0.37 EPS) vs $1.8M YoY
Gross margin improved to 51.8% from 45.5% a year ago; gross profit $55.9M.
Vicor Q2 revenue $106.7M, up 4.5% YoY; EPS $0.38 vs $0.24
Revenue $106.7M, up 4.5% YoY and 9.1% sequentially; gross margin 51.7% vs 45.8% YoY.
Vicor doubles director stock option grant to $200K; all board nominees elected at annual meeting
Annual stock option grant to each director for 3,769 shares at $53.07, based on revised formula of $200K (doubled from prior $100K).
Vicor Q1 revenue up 10.8% YoY to $97.8M, EPS $0.25; backlog drops 36% YoY
Revenue $97.8M, up 10.8% YoY; net income $11.2M ($0.25 diluted EPS) vs $5.0M ($0.11) a year ago.
Q4 revenue $105.5M (+16.8% YoY, +2.3% sequential); net income $8.1M ($0.18 diluted EPS) vs $8.9M ($0.20) a year ago.
Vicor Q3 revenue up 21% to $103M but net income falls to $0.18 EPS, hit by legal costs
Revenue $103.1M (+21.4% YoY); net income $8.1M ($0.18 diluted EPS) vs $13.3M ($0.29) YoY.
Vicor Q2 revenue up 7% YoY to $102.2M; net income drops to $10.6M from $19.4M
Revenue $102.2M (+7.1% YoY, +15.7% QoQ); gross margin 45.8% down from 52.3% YoY.
Vicor shareholders elect twelve directors at 2022 annual meeting
Proposal to fix number of directors at twelve and elect all nominees passed with strong support.
Vicor Q1 revenue $88.3M (-0.6% YoY); EPS $0.11 vs $0.34 YoY; gross margin drops
Revenue $88.3M, down 0.6% YoY; net income $5.0M ($0.11 diluted EPS) vs $15.1M ($0.34) YoY.
Vicor Q4 revenue $90.3M (+7% YoY); EPS $0.20 vs $0.25; margins pressured by supply issues
Q4 net income $8.9M ($0.20 diluted) vs $11.2M ($0.25) a year ago; gross margin 45.2% vs 48.0%.
Vicor board expands to 12, nominates full slate for 2022 annual meeting
Board increased size to 12 directors effective as of 2022 Annual Meeting.
Vicor appoints Quentin Fendelet as CAO, succeeding retiring Richard Nagel
Fendelet to join Feb 7, 2022 and assume role of Corporate VP & CAO on or about March 11, 2022.
Vicor Corp CAO Richard Nagel to retire March 2022
Richard J. Nagel, Jr. to retire as Corporate VP and Chief Accounting Officer on or about March 11, 2022.
Vicor Q3 revenue $84.9M, down 11% sequentially; EPS $0.29; backlog $296M
Revenue $84.9M (+8.7% YoY, -11.0% QoQ); gross margin 50.4% vs 52.3% Q2.
CEO Patrizio Vinciarelli adopts 10b5-1 plan to sell up to 300,000 Vicor shares
Sales begin no earlier than Oct 4, 2021, at market prices between $131 and $160 per share.
Vicor Q2 2021 revenue $95.4M (+34.8% YoY), net income $19.4M ($0.43 diluted EPS)
Revenue $95.4M, up 34.8% YoY and 7.4% sequentially; gross margin 52.3% vs 42.8% last year.
upon Mr. Nagel’s previously-announced retirement.
On January 24, 2022, Vicor Corporation (the “Company”) appointed Quentin A. Fendelet to succeed Richard J. Nagel, Jr. as the Company’s Corporate Vice President and Chief Accounting Officer.
On November 24, 2021, Richard J. Nagel, Jr. informed the Company that he will retire from his position as Corporate Vice President and Chief Accounting Officer at Vicor Corporation (the “Company”) on or about March 11, 2022.
Max materiality 0.85 · Median 0.65 · Most common event earnings