Welcome to our dedicated page for Vicor news (Ticker: VICR), a resource for investors and traders seeking the latest updates and insights on Vicor stock.
Vicor Corporation (VICR) is a NASDAQ-listed manufacturing company headquartered in Andover, Massachusetts that designs, develops, manufactures, and markets modular power components and complete power systems based on patented technologies. The VICR news page on Stock Titan aggregates company announcements, earnings releases and other public updates so readers can follow developments affecting Vicor’s power electronics business.
News about Vicor often centers on its financial performance and quarterly results, which detail product revenues, royalty revenues, gross margins, operating expenses, cash flows and backlog. These updates are typically accompanied by management commentary discussing trends in product demand, licensing income and utilization of the company’s ChiP foundry and high-density power module capacity.
Another key category of Vicor news involves its intellectual property and licensing activities. The company has highlighted an International Trade Commission Limited Exclusion Order related to certain bus converters and computing systems containing those converters, and it reports that this has led to settlements and licensing agreements with OEMs and hyper-scalers. Press releases describe how licensing has become a pillar of growth for Vicor and how its high-density power system technology, including bus converters and Vertical Power Delivery (VPD), is used in high growth markets such as AI, automotive and industrial applications.
Vicor also issues news about product introductions and technical presentations. Examples include announcements of new DCM families of regulated 48V to 12V DC-DC converters and automotive grade power modules for 800V to 48V/12V conversion, as well as presentations at industry events such as WCX in Detroit and investor conferences like the Needham Growth Conference. These items highlight how Vicor positions its modular power components and systems for enterprise and high performance computing, industrial equipment and automation, telecommunications and network infrastructure, vehicles and transportation, and aerospace and defense electronics.
By reviewing the VICR news feed, investors and industry observers can see how Vicor communicates about its financial results, IP licensing practice, new products and participation in industry and investor events, all based on the company’s own public disclosures.
Vicor Corporation (NASDAQ: VICR) has successfully completed a public offering, raising approximately $109.8 million in net proceeds after the underwriters exercised their option to purchase additional shares. The offering was priced at $65.00 per share, with the total raised from the offering amounting to $115 million. Vicor plans to utilize these funds to expand its manufacturing capabilities and for general corporate purposes. The offering was registered under an automatic shelf registration statement effective upon filing.
Vicor Corporation (NASDAQ: VICR) announced a public offering of $100 million in common stock at $65.00 per share, with an additional 30-day option for underwriters to purchase up to $15 million more. The offering is set to close on June 15, 2020, pending customary conditions. The net proceeds will support the expansion of manufacturing facilities and general corporate purposes. Needham & Company is the sole book-running manager, with Craig-Hallum Capital Group as co-manager. The offering follows an automatic shelf registration statement filed on June 9, 2020, with the SEC.
Vicor Corporation (NASDAQ: VICR) announced a proposed underwritten registered public offering of its common stock. The company intends to grant underwriters a 30-day option to purchase an additional 15% of the shares offered. Proceeds from this offering will be used for manufacturing facility expansion and other corporate purposes. The offering is subject to market conditions and follows a registration statement filed with the SEC. Needham & Company is the sole book-running manager for this offering.
Vicor Corporation (NASDAQ: VICR) will hold its 2020 Annual Meeting of Stockholders via audio webcast on June 26, 2020, at 9:00 a.m. ET, due to COVID-19 precautions. Stockholders must vote or submit proxies in advance. Registration is necessary for those who wish to ask questions or change votes. The meeting will be hosted by Computershare, and details for accessing the virtual meeting are provided. Following the meeting, an audio replay will be available on Vicor's Investor Relations website. Vicor specializes in modular power components and systems for various markets.