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Vicor Corp - VICR STOCK NEWS

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), headquartered in Andover, Massachusetts, is a leading designer, manufacturer, and marketer of high-performance modular power components. From bricks to semiconductor-centric solutions, Vicor enables customers to efficiently convert and manage power from the wall plug to the point-of-load.

Vicor's extensive portfolio includes innovative power conversion and power distribution solutions, addressing various power architectures like CPA, DPA, IBA, FPA™, and CBA. The company's products cater to numerous performance-critical applications in markets such as enterprise and high-performance computing, telecommunications, industrial equipment, vehicles, transportation, aerospace, and defense electronics.

The company offers a range of products including converters, power systems, filters, custom power systems, and input modules, serving markets predominantly in the Asia Pacific. Vicor's commitment to technological advancement is evident in their continuous development of high-density power modules, aiming to improve efficiency and power delivery capabilities.

Recent achievements include the Vicor Powering Innovation podcast series, which covers topics such as the proliferation of underwater ROV applications with VideoRay and the rapid advancements in edge computing with HIRO. These podcasts provide insights into Vicor’s role in addressing today's toughest power challenges and innovating in electrification and power design.

Vicor’s consistent focus on innovation has also led to collaborations with companies like Lightning Motorcycle Corp., which produces the fastest electric motorcycle globally, further showcasing Vicor’s impact on diverse industries through its advanced power modules.

The company's financial stability and strategic partnerships ensure continuous growth and innovation. Investors and analysts are encouraged to follow Vicor’s latest developments through their investor relations page and to participate in their informative conference calls.

For further information, visit www.vicorpower.com.

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Vicor reported financial results for the first quarter ended March 31, 2024, with revenues of $83.9 million, a 14.3% decrease from the previous year. Gross margin increased to 53.8% while net income was $2.6 million. Operating expenses rose to $44.0 million due to higher legal expenses. Cash flow from operations was $2.7 million, and backlog decreased significantly. CEO Dr. Patrizio Vinciarelli highlighted a focus on asserting Vicor Intellectual Property and future revenue opportunities.
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Vicor (NASDAQ: VICR) will host its first quarter 2024 earnings conference call and webcast on April 23, 2024. The call will include remarks on financial and operational results, followed by a Q&A session with key executives. Investors and analysts can register with Notified to participate in the call and access related information on Vicor's website.
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Vicor introduces high-density, 800V, and 48V scalable power modules to address electrification power conversion challenges in the automotive industry. The company will present innovative solutions at World Congress Experience 2024 in Detroit.
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Lightning Motorcycle Corp. features on Vicor Powering Innovation podcast discussing their fastest electric motorcycle. CEO Richard Hatfield highlights the unique features of the bike, emphasizing the smooth, vibration-free ride. The company faces challenges in packaging, weight, and thermodynamics compared to traditional combustion engine bikes.
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Vicor Corporation (NASDAQ: VICR) reported financial results for Q4 2023, with revenues of $92.7 million, a 12.2% decrease from the previous year. Gross margin was $47.3 million, and net income was $8.7 million. Cash flow from operations was $22.1 million, and backlog decreased to $160.8 million. For the year ended December 31, 2023, revenues increased to $405.1 million, with a net income of $53.6 million. CEO Dr. Patrizio Vinciarelli highlighted product demand, IP protection, and market expansion strategies.
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Vicor Corporation (VICR) will hold its Q4 2023 earnings conference call and webcast on February 22, 2024, to discuss financial and operational results. The call will feature prepared remarks from the CEO, CFO, and Corporate VP, followed by a Q&A session. Results will be released on February 22, 2024, and a summary of financial statements will be available on Vicor's website. Investors and analysts can register for the conference call via BT Conferencing's website.
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Vicor Corporation's Powering Innovation podcast features a discussion with HIRO, a leader in edge computing, addressing how edge computing systems bring cloud computing closer to mission-critical applications such as hospitals and smart cities. HIRO provides compact, scalable edge computing solutions for smart city designs, education reform, and medical advancements, offering reliable hardware and software infrastructure for big data and AI processing on-premise. The EMDCs developed by HIRO integrate various types of processing units into containerized platforms the size of a shoebox, consuming power at levels ranging from 1.5kW to 500kW, with significant energy savings for smart factories. The podcast is available on major podcast providers like Spotify, Apple Podcasts, and Google Podcasts.
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Vicor (VICR) to participate in the 26th Annual Needham Growth Conference on January 19, 2024, with CEO Patrizio Vinciarelli, Global VP of Sales and Marketing Phil Davies, and CFO Jim Schmidt. The event will be held virtually at 11:45AM Eastern Time and will be available for live listening and archived viewing. Participants can register in advance on the Vicor investor relations events webpage.
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Vicor Corporation: Vicor Powering Innovation podcast discusses the proliferation of ROV applications and how VideoRay is responding to new underwater missions. The conversation explores the rapid growth of ROVs for safely reaching remote underwater locations at extreme depths for extended periods. VideoRay offers the safest and most effective way to maintain underwater security, support salvage efforts, and explore the depths of the ocean.
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Vicor Corporation reports Q3 2023 financial results with revenues of $107.8 million, a 4.6% increase YoY. Gross margin increased to $55.9 million, and net income was $16.6 million. Cash flow from operations totaled $23.8 million. Backlog decreased by 53.0% YoY.
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FAQ

What is the current stock price of Vicor (VICR)?

The current stock price of Vicor (VICR) is $49.17 as of December 20, 2024.

What is the market cap of Vicor (VICR)?

The market cap of Vicor (VICR) is approximately 2.2B.

What does Vicor Corporation do?

Vicor Corporation designs, manufactures, and markets high-performance modular power components and systems for efficient power conversion and management.

Where is Vicor Corporation headquartered?

Vicor Corporation is headquartered in Andover, Massachusetts.

What industries does Vicor serve?

Vicor serves various industries, including enterprise and high-performance computing, telecommunications, industrial equipment, vehicles, transportation, aerospace, and defense electronics.

What are some of Vicor's recent achievements?

Recent achievements include the Vicor Powering Innovation podcast series, featuring discussions on underwater ROV applications with VideoRay and edge computing advancements with HIRO.

Where can I listen to the Vicor Powering Innovation podcast?

The Vicor Powering Innovation podcast is available on Spotify, Apple Music, Google Podcasts, and other major podcast providers.

What products does Vicor offer?

Vicor offers a range of products, including converters, power systems, filters, custom power systems, and input modules.

How can investors stay updated on Vicor’s financial performance?

Investors can stay updated by visiting the investor relations page on Vicor’s website and participating in their conference calls.

Which regions contribute most to Vicor’s revenue?

Vicor derives a maximum of its revenue from the Asia Pacific region.

What is Vicor's involvement in the electric vehicle industry?

Vicor collaborates with companies like Lightning Motorcycle Corp., providing advanced power modules for electric motorcycles, which are the fastest on the planet.

Where can I find more information about Vicor Corporation?

More information about Vicor Corporation can be found on their official website at www.vicorpower.com.

Vicor Corp

Nasdaq:VICR

VICR Rankings

VICR Stock Data

2.23B
23.01M
31.06%
58.82%
3.91%
Electronic Components
Electronic Components, Nec
Link
United States of America
ANDOVER