Vicor Corp. (Andover, MA) announced its financial results for the quarter ended December 31, 2000. Revenues for the quarter increased 29 percent to $69,168,000, compared with $53,742,000 for the corresponding period a year ago. Net income increased 50 percent to $8,550,000, versus $5,697,000 in 1999. Diluted earnings per share also increased 50 percent, from $0.13 in 1999 to $0.20 in 2000.
For the year ended December 31, 2000, revenues increased 36 percent to $257,583,000, as opposed to $189,887,000 for the prior year. Net income increased 78 percent to $33,920,000, versus $19,088,000 in 1999. Diluted earnings per share increased 74 percent, from $0.45 in 1999 to $0.78 in 2000.
