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) is set to hold its Q3 2021 earnings conference call on October 21, 2021, at 5:00 p.m. Eastern Time. The call will discuss the company's financial and operational results for the three and nine months ending September 30, 2021, followed by a Q&A session with CEO Patrizio Vinciarelli and CFO Jim Schmidt. Results will be published via GlobeNewswire after the market closes on the same day. Interested parties can pre-register for the call or join via webcast. A replay will be available until November 5, 2021.
Vicor Corporation (NASDAQ: VICR) reported impressive second-quarter results for the period ending June 30, 2021, with revenues of $95.4 million, a 34.8% increase year-over-year. Gross margin rose to $49.9 million, reflecting a gross margin percentage of 52.3%. Net income surged to $19.4 million or $0.43 per share, compared to $2.7 million in the same quarter last year. Cash flow from operations totaled $12.3 million, while capital expenditures increased to $15.0 million. Management anticipates further enhancements in manufacturing efficiencies and power systems.
Vicor Corporation (NASDAQ: VICR) will hold its Q2 2021 earnings conference call on July 22, 2021, at 5:00 p.m. Eastern. The call will feature remarks on financial results for the three and six months ended June 30, 2021, followed by a Q&A session with key executives. Earnings results are set to be released via GlobeNewswire at market close on the same day. Interested participants are encouraged to pre-register for the call to streamline access. A replay will be available until August 6, 2021.
Vicor Corporation (NASDAQ: VICR) reported its financial results for Q1 2021, highlighting strong revenue growth of 40.1% year-over-year, totaling $88.8 million. Gross margin also improved, reaching 50.3%, compared to 43.1% the previous year. Net income was $15.1 million or $0.34 per diluted share, a significant turnaround from a net loss of $1.7 million a year ago. Cash flow from operations was $17.6 million, a marked improvement from cash used in operations last year. Bookings rose 41.2% to $98.9 million.
Vicor will host its first quarter 2021 earnings conference call on April 22, 2021, at 5:00 p.m. Eastern. The financial results for the quarter ending March 31, 2021, will be released after the NASDAQ market closes on the same date. The call will feature prepared remarks from CEO Patrizio Vinciarelli and VP Phil Davies, followed by a Q&A session. Investors are encouraged to pre-register with BT Conferencing. A replay of the call will be available until May 7, 2021, along with a webcast on Vicor's Investor Relations page.
Vicor Corporation (NASDAQ: VICR) announced the appointment of James F. Schmidt as Chief Financial Officer, effective June 1, 2021. Schmidt comes from Analog Devices, bringing 35 years of diverse experience in finance, engineering, operations, and sales. His educational background includes a BS in Chemical Engineering and an MBA. CEO Patrizio Vinciarelli expressed confidence in Schmidt's ability to enhance operational excellence and profitability as Vicor continues to expand its operational footprint.
Vicor Corporation (NASDAQ: VICR) reported strong financial results for Q4 2020, with revenues of $84.3 million, up 33.5% year-over-year. Gross margin improved to 48.0%, and net income rose to $11.2 million or $0.25 per diluted share. For the full year, revenues increased 12.8% to $296.6 million, and net income totaled $17.9 million. Bookings also surged, reaching $91.5 million for the quarter, a 19.1% increase. The company reported a cash and short-term investment balance of approximately $211.9 million. CEO Dr. Vinciarelli noted improved margins despite outsourcing challenges.
Vicor Corporation (NASDAQ: VICR) will host its fourth quarter 2020 earnings conference call on February 25, 2021, at 5:00 PM (Eastern). This call will present financial and operational results for the three and twelve months ending December 31, 2020, followed by a Q&A session with CEO Patrizio Vinciarelli and CFO James A. Simms. Earnings details will be released via GlobeNewswire after the market close on the same day. Interested participants can pre-register for the call or join the webcast from Vicor's Investor Relations page.
Vicor (VICR) has launched its first radiation-fault-tolerant DC-DC converter power modules, featuring the new SM-ChiP package, capable of powering low-voltage ASICs up to 300 watts. Tested by Boeing, these units are resilient to 50 kilorad of total ionizing dose and are immune to single-event upsets, thanks to a redundant architecture. The complete solution includes four modules designed for high power density and low noise, essential for advanced communication satellites. Operating temperatures range from -30 to 125°C, with all modules available now.
Vicor Corporation (NASDAQ: VICR) announced the appointment of David Krakauer as Vice President of Corporate Marketing and Channel Strategy. Krakauer will manage all marketing efforts, including corporate branding and channel sales. Previously, he worked at Analog Devices, focusing on corporate marketing and customer experience, and holds degrees from MIT. Senior VP Phil Davies emphasized Krakauer's extensive experience in driving revenue growth through innovative marketing strategies, highlighting Vicor's aim to strengthen its brand in high-growth markets.