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 announced its participation at World Congress Experience (WCX) 2025 in Detroit, scheduled for April 8-10. The company will showcase solutions for bi-directional 800V to 48V/12V DC-DC conversion using high-density power modules.
Patrick Kowalyk, Automotive Principal Field Application Engineer for North America, will present on April 8th at 3:30pm, discussing how to 'Optimize High Voltage to SELV Performance While Eliminating a 48V Battery and Super Caps.' The presentation will focus on:
- Easy-to-implement modular solutions for direct-to-load conversion
- Bidirectional, high power density DC-DC converter power modules
- Soft switching topology at frequencies >1.4 MHz
These automotive-grade power modules aim to help engineers address challenges in high voltage power conversion, offering industry-leading power density and scalability through parallel operation.
Vicor (VICR) has unveiled a new family of DCM™ regulated DC-DC converters designed for 48V to 12V power conversion. The newly released DCM3717 and DCM3735 models deliver power outputs ranging from 750W up to 2kW, achieving an industry-leading power density of 5kW/in³. These non-isolated regulated converters are specifically engineered to enhance 48V-centric power delivery networks, offering improved system efficiency and performance. The modules feature scalable design capabilities, allowing parallel configuration for increased power output requirements.
Vicor (NASDAQ: VICR) reported Q4 2024 financial results with revenues of $96.2 million, up 3.8% year-over-year and 3.2% sequentially. Gross margin improved to 52.4%, with net income reaching $10.2 million ($0.23 per diluted share). For the full year 2024, revenues decreased 11.4% to $359.1 million, while net income declined to $6.1 million ($0.14 per diluted share) from $53.6 million in 2023.
The company's backlog stood at $155.5 million, showing a 3.3% sequential increase but a 3.3% year-over-year decrease. Cash and cash equivalents increased to $277.3 million. The company noted that development of their 2nd generation high-density VPD for AI applications has taken longer than expected, but aims to enable AI processors to set new standards for performance and power system efficiency.
Vicor (NASDAQ: VICR) has secured a significant legal victory as the International Trade Commission (ITC) issued a Final Determination confirming the validity of Vicor's patents (9,516,761 and 9,166,481) and their infringement. The ITC has ordered a ban on importing unlicensed computing systems containing infringing power modules into the United States.
The ITC issued a Exclusion Order against all Respondents and Cease and Desist Orders against Delta Electronics, Quanta Computer, FII USA, and Ingrasys Technology USA. During a 60-day presidential review period, Respondents may import infringing products by posting a 100% value bond. The determination found that two Foxconn affiliates have a license to the '761 patent, which Vicor plans to appeal.
Some OEM and non-OEM customers have already taken licenses to avoid import restrictions. Vicor is pursuing additional legal action, including a trial in Texas seeking monetary damages for willful infringement.
Vicor (VICR) has scheduled its fourth quarter 2024 earnings conference call and webcast for February 20, 2025, at 5:00 p.m. Eastern. The company will release its Q4 2024 financial results, covering the three and twelve months ended December 31, 2024, via GlobeNewswire after NASDAQ market close on the same day.
The earnings call will feature prepared remarks followed by a Q&A session with CEO Patrizio Vinciarelli, CFO Jim Schmidt, and Corporate VP of Global Sales and Marketing Phil Davies. Investors and analysts planning to participate in the Q&A must pre-register through Notified to receive dial-in information and a unique PIN. A listen-only webcast option will be available through Vicor's Investor Relations webpage, with replay access provided after the call.
Vicor (NASDAQ: VICR) reported financial results for Q3 2024. Revenues decreased 13.6% year-over-year to $93.2 million but increased 8.5% sequentially. Gross margin declined to 49.1% from 51.8% a year ago. Net income was $11.6 million ($0.26 per diluted share), compared to $16.6 million ($0.37 per share) in Q3 2023. Cash flow from operations totaled $22.6 million. Backlog decreased 13.8% year-over-year to $150.6 million.
CEO Dr. Patrizio Vinciarelli highlighted the company's progress in delivering 2nd generation, high-density VPD systems for AI applications. He also mentioned Vicor's efforts to assert its intellectual property rights against potential infringers, noting a recent Initial Determination from the ITC that may impact contract manufacturers importing computing systems using infringing modules.
Vicor has introduced three new automotive-grade power modules designed to enable 48V zonal architectures in electric vehicles with 800V batteries. The new modules include:
- BCM6135: 800V-to-48V conversion
- DCM3735: 48V regulation
- PRM3735: 48V-to-12V regulation and conversion
These modules offer industry-leading power density and can be arrayed to scale up power levels. The introduction of these modules is expected to accelerate the adoption of 48V zonal architectures in vehicles and provide significant power system weight reduction. The modules support 48V power distribution while also accommodating legacy 12V subsystems.
Vicor (NASDAQ: VICR) has announced its upcoming third quarter 2024 earnings conference call and webcast, scheduled for Tuesday, October 22, 2024, at 5:00 p.m. (Eastern). The event will feature prepared remarks on the company's financial and operational results for the three and nine months ended September 30, 2024, followed by a Q&A session with key executives including CEO Patrizio Vinciarelli, CFO Jim Schmidt, and Corporate VP of Global Sales and Marketing Phil Davies.
The third quarter results will be released over GlobeNewswire at the close of the NASDAQ Market Session on October 22, 2024. Investors and analysts intending to ask questions are encouraged to register through Notified, the service provider hosting the conference call. For those interested in listen-only mode, a webcast link will be available on Vicor's Investor Relations page. A replay of the webcast will also be accessible on the same page for those unable to participate in the live call.
Vicor (NASDAQ: VICR) announced that Administrative Law Judge Cameron Elliot of the U.S. International Trade Commission issued an Initial Determination on September 27, finding a Section 337 violation in the importation of certain power converter modules and computing systems containing those modules. The determination states that these products infringe on asserted claims of U.S. Patent Nos. 9,516,761 and 9,166,481.
The Initial Determination also found that respondents, including contract manufacturers of computing systems, do not possess a license to practice any claim of the asserted patents. Pending a Final Determination, the International Trade Commission may issue an exclusion order preventing the importation of computing systems with infringing modules into the United States, as well as cease and desist orders barring their sales in the country.
Vicor (NASDAQ: VICR) has responded to allegations made in recently filed securities litigation. The company disclosed facts that formed the basis for its response, addressing claims related to its financial reporting and business practices. While specific details of the allegations and Vicor's response are not provided in the press release, the company's action suggests it is actively defending itself against the legal claims.
As securities litigation can have significant implications for publicly traded companies, this development may be of interest to Vicor's shareholders and potential investors. The outcome of such legal proceedings could potentially impact the company's reputation, financial position, and stock performance.