Vicor Corporation Reports Results for the First Quarter Ended March 31, 2024 [Yahoo! Finance]
Vicor Corporation (VICR)
Last vicor corporation earnings: 4/23 04:05 pm
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US:NASDAQ Investor Relations:
vicorcorporation.gcs-web.com/investor-overview
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Source: Yahoo! Finance
These results will be discussed later today at 5:00 p.m. Eastern Time, during management's quarterly investor conference call. The details for the call are below. Revenues for the first quarter ended March 31, 2024 totaled $83.9 million, a 14.3% decrease from $97.8 million for the corresponding period a year ago, and a 9.5% sequential decrease from $92.7 million in the fourth quarter of 2023. Gross margin decreased to $45.1 million for the first quarter of 2024, compared to $46.5 million for the corresponding period a year ago, and decreased sequentially from $47.3 million for the fourth quarter of 2023. Gross margin, as a percentage of revenue, increased to 53.8% for the first quarter of 2024, compared to 47.6% for the corresponding period a year ago, and increased from 51.1% for the fourth quarter of 2023. Operating expenses increased to $44.0 million for the first quarter of 2024, compared to $36.1 million for the corresponding period a year ago, and increased sequentially from
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News
- Vicor Co. (NASDAQ: VICR) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- Vicor Co. (NASDAQ: VICR) had its price target lowered by analysts at Craig Hallum from $40.00 to $35.00. They now have a "hold" rating on the stock.MarketBeat
- Vicor Corporation (NASDAQ:VICR) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Vicor Co. (NASDAQ: VICR) had its "hold" rating re-affirmed by analysts at Needham & Company LLC.MarketBeat
- Vicor Corporation Reports Results for the First Quarter Ended March 31, 2024GlobeNewswire
VICR
Sec Filings
- 5/3/24 - Form 144
- 5/1/24 - Form 10-Q
- 4/29/24 - Form 4
- VICR's page on the SEC website