News

Vicor Reports Quarterly Financial Results

February 16, 2000 by Jeff Shepard

Vicor Corp. (Andover, MA) announced a 38-percent increase in revenues for the quarter, ending on March 31, 2000. Revenues increased to $57,786,000 compared with $41,964,000 for 1999. Net income increased 94 percent at $7,116,000, up from $3,665,000 in 1999.

Diluted earnings per share increased 88 percent to $0.16, up from $0.09 in 1999.