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AI brief of an SEC Form 8-K · Vicor (VICR)

Vicor Q2 revenue rises 4.5% to $106.7 million; net income $17.1 million

Positive Impact 3 of 5 earnings Written later

Vicor reported second-quarter 2023 revenue of $106.7 million, up 4.5% from a year earlier, and net income of $17.1 million, or $0.38 per diluted share, versus $10.6 million, or $0.24, a year earlier. Backlog fell 47.0% year over year to $217.3 million, and CEO Dr. Patrizio Vinciarelli said Q2 bookings remained weak, with a new AI platform now expected to ramp in Q4.

Key points

  • Q2 2023 revenue $106.7 million, up 4.5% from $102.2 million a year earlier and up 9.1% from $97.8 million in Q1 2023
  • Q2 2023 net income $17.1 million, or $0.38 per diluted share, versus $10.6 million, or $0.24, a year earlier
  • Backlog $217.3 million at June 30, 2023, down 47.0% from a year earlier and down 19.9% from $271.3 million at March 31, 2023
  • Cash and cash equivalents of approximately $203.8 million at June 30, 2023; the filing gives no revenue or EPS guidance

The filing

CompanyVicor (VICR)
Form8-K, current report
Filed with the SECJul 25, 2023, 4:18 PM ET
Accession number0001193125-23-193449

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:57 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 25, 2023.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.