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Stock impact report

Vicor (VICR) Climbs 25% as Profits, Revenues Skyrocket [Yahoo! Finance]

Vicor Corporation (VICR) 
Last vicor corporation earnings: 4/23 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Vicor Corp. saw its share prices jump by 25.4 percent week-on-week, as investors cheered its stellar earnings performance in the first quarter of the year, with net income soaring by 713 percent and revenues climbing by double-digits. In an updated report earlier in the week, Vicor Corp. (NASDAQ:VICR) said that it grew its attributable net income to $20.66 million from $2.54 million in the same period last year, primarily driven by a $27.3 million tax benefit due to the partial recognition of certain deferred tax assets in the period. TD Cowen Initiates Coverage of Voya Financial (VOYA) with a Buy Rating Photo by Tima Miroshnichenko on Pexels Net revenues surged by 39 percent to $112.97 million from $93.97 million year-on-year. Of the total, revenues from products remained the highest contributor, up 18 percent to $98 million from $83.2 million year-on-year. Royalties amounted to $14.97 million, or a 39 percent jump from the $10.76 million in the same comparable period. “ Show less Read more
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