VICOR CORP — fact timeline

VICOR CORP reported the first quarter ended March 31, 2026 results: revenue $113.0 million, net income $20.7 million, EPS $0.44 per diluted share.

“Product and royalty revenues for the first quarter ended March 31, 2026 totaled $113.0 million, a 20.2% increase from $94.0 million for the corresponding period a year ago, and a 5.3% sequential increase from $107.3 million in the fourth quarter of 2025. Gross margin increased to $62.4 million for the first quarter of 2026, compared to $44.4 million for the corresponding period a year ago, and increased sequentially from $59.4 million for the fourth quarter of 2025. Gross margin, as a percentage of revenue, increased to 55.2% for the first quarter of 2026, compared to 47.2% for the corresponding period a year ago, and decreased from 55.4% for the fourth quarter of 2025. Operating expenses increased to $45.5 million for the first quarter of 2026, compared to $44.5 million for the corresponding period a year ago, and increased sequentially from $43.7 million for the fourth quarter of 2025. Net income for the first quarter was $20.7 million, or $0.44 per diluted share, compared to net inc”

VICOR CORP reported year ended December 31, 2023 results: revenue $405.1 million, net income $53.6 million, or $1.19 per diluted share, EPS $1.19 per diluted share.

“Revenues for the year ended December 31, 2023 increased 1.5% to $405.1 million”

VICOR CORP reported fourth quarter ended December 31, 2023 results: revenue $92.7 million, net income $8.7 million, or $0.19 per diluted share, EPS $0.19 per diluted share.

“p.m. Eastern Time, during management’s quarterly investor conference call. The details for the call are below. Revenues for the fourth quarter ended December 31, 2023 totaled $92.7 million, a 12.2% decrease from $105.5 million for the corresponding period a year ago, and a 14.1% sequential decrease from $107.8 million in the third quarter of 2023. Gross margin”

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.

“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”

VICOR CORP reported second quarter ended June 30, 2023 results: revenue $106.7 million, net income $17.1 million, EPS $0.38 per diluted share.

“Revenues for the second quarter ended June 30, 2023 totaled $106.7 million, a 4.5% increase from $102.2 million for the corresponding period a year ago, and a 9.1% sequential increase from $97.8 million in the first quarter of 2023. Gross margin increased to $55.2 million for the second quarter of 2023, compared to $46.8 million for the corresponding period a year ago, and increased sequentially from $46.5 million for the first quarter of 2023. Gross margin, as a percentage of revenue, increased to 51.7% for the second quarter of 2023, compared to 45.8% for the corresponding period a year ago, and from 47.6% for the first quarter of 2023. Net income for the second quarter was $17.1 million, or $0.38 per diluted share, compared to net income of $10.6 million or $0.24 per diluted share, for the corresponding period a year ago and net income of $11.2 million, or $0.25 per diluted share, for the first quarter of 2023.”

VICOR CORP shareholders approved The determination, on an advisory basis, of the frequency of the vote on the Company’s executive compensation program. at the 2023-06-23 meeting.

“Proposal 3 – The determination, on an advisory basis, of the frequency of the vote on the Company’s executive compensation program. 3 years 2 years 1 year Votes Abstaining 128,530,390 598,125 13,586,049 20,527 There were no broker non-votes on this proposal. Based on these results and consistent with a majority of votes cast with respect to this matter, our Board has adopted a policy to hold an advisory vote on executive compensation every three years.”

VICOR CORP shareholders approved The approval, on an advisory basis, of the compensation of our named executive officers, as described in the Company’s 2023 Proxy Statement. at the 2023-06-23 meeting.

“Proposal 2 – The approval, on an advisory basis, of the compensation of our named executive officers, as described in the Company’s 2023 Proxy Statement. Votes For Votes Against Votes Abstaining 141,019,623 1,119,558 595,910 There were no broker non-votes on this proposal.”

VICOR CORP shareholders approved To fix the number of directors at twelve and to elect the twelve nominees as Directors to hold office until the 2024 Annual Meeting of Stockholders and until their respective successors are duly elected and qualified. at the 2023-06-23 meeting.

“Proposal 1 - To fix the number of directors at twelve and to elect the twelve nominees as Directors to hold office until the 2024 Annual Meeting of Stockholders and until their respective successors are duly elected and qualified. Nominees Votes For Votes Withheld Patrizio Vinciarelli 135,823,033 6,912,058 Estia J. Eichten 129,676,081 13,059,010 Philip D. Davies 136,586,772 6,148,319 Samuel J. Anderson 136,007,148 6,727,943 M. Michael Ansour 136,655,985 6,079,106 Claudio Tuozzolo 136,060,045 6,675,046 Andrew T. D’Amico 136,096,168 6,638,923 Jason L. Carlson 134,029,413 8,705,678 Michael S. McNamara 136,616,578 6,118,513 James F. Schmidt 135,047,037 7,688,054 Zmira Lavie 136,835,366 5,899,725 John Shen 136,280,105 6,454,986 There were no broker non-votes and no abstentions on this proposal.”

VICOR CORP reported the first quarter ended March 31, 2023 results: revenue $97.8 million, net income $11.2 million, EPS $0.25 per diluted share.

“Revenues for the first quarter ended March 31, 2023 totaled $97.8 million, a 10.8% increase from $88.3 million for the corresponding period a year ago, and a 7.3% sequential decrease from $105.5 million in the fourth quarter of 2022. Gross margin increased to $46.5 million for the first quarter of 2023, compared to $37.6 million for the corresponding period a year ago, and decreased sequentially from $49.1 million for the fourth quarter of 2022. Gross margin, as a percentage of revenue, increased to 47.6% for the first quarter of 2023, compared to 42.6% for the corresponding period a year ago, and from 46.6% for the fourth quarter of 2022. Net income for the first quarter was $11.2 million, or $0.25 per diluted share, compared to net income of $5.0 million or $0.11 per diluted share, for the corresponding period a year ago and net income of $8.1 million, or $0.18 per diluted share, for the fourth quarter of 2022.”

VICOR CORP reported the year ended December 31, 2022 results: revenue $399.1 million, net income $25.5 million, EPS $0.57 per diluted share.

“Revenues for the year ended December 31, 2022 increased 11.1% to $399.1 million, from $359.4 million for the prior year. Gross margin, as a percentage of revenue, decreased to 45.2% for the year ended December 31, 2022, compared to 49.6% for the prior year. Net income for 2022 was $25.5 million, or $0.57 per diluted share and 6.4% of revenues, compared to $56.6 million, or $1.26 per diluted share and 15.8% of revenue in the prior year.”

VICOR CORP reported the fourth quarter ended December 31, 2022 results: revenue $105.5 million, net income $8.1 million, EPS $0.18 per diluted share.

“Revenues for the fourth quarter ended December 31, 2022 totaled $105.5 million, a 16.8% increase from $90.3 million for the corresponding period a year ago, and a 2.3% sequential increase from $103.1 million in the third quarter of 2022. Gross margin increased to $49.1 million for the fourth quarter of 2022, compared to $40.8 million for the corresponding period a year ago, and increased sequentially from $47.0 million for the third quarter of 2022. Gross margin, as a percentage of revenue, increased to 46.6% for the fourth quarter of 2022, compared to 45.2% for the corresponding period a year ago, and from 45.5% for the third quarter of 2022. Net income for the fourth quarter was $8.1 million, or $0.18 per diluted share, compared to net income of $8.9 million or $0.20 per diluted share, for the corresponding period a year ago and net income of $1.8 million, or $0.04 per diluted share, for the third quarter of 2022.”

Richard J. Nagel, Jr. retired as Corporate Vice President and Chief Accounting Officer at VICOR CORP.

“upon Mr. Nagel’s previously-announced retirement.”

Quentin A. Fendelet was appointed as Corporate Vice President and Chief Accounting Officer at VICOR CORP.

“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.”

Richard J. Nagel, Jr. departed as Corporate Vice President and Chief Accounting Officer at VICOR CORP.

“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.”