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

Vicor Q3 revenue rises 4.6% to $107.8 million; net income $16.6 million

Positive Impact 3 of 5 earnings Written later

Vicor reported third-quarter 2023 revenue of $107.8 million, up 4.6% from a year earlier, and net income of $16.6 million, or $0.37 per diluted share, versus $1.8 million, or $0.04, a year ago. Backlog fell 53.0% from a year earlier to $174.7 million, and the CEO said Q3 bookings remained weak, which is a concern for future revenue even though current profit improved.

Key points

  • Q3 2023 revenue $107.8 million, up 4.6% year over year and up 1.0% sequentially
  • Q3 2023 net income $16.6 million, or $0.37 per diluted share, versus $0.04 a year earlier
  • Backlog $174.7 million at September 30, 2023, down 53.0% year over year and 19.6% sequentially
  • Cash and cash equivalents of approximately $227.8 million at September 30, 2023

The filing

CompanyVicor (VICR)
Form8-K, current report
Filed with the SECOct 24, 2023, 4:19 PM ET
Accession number0001193125-23-261683

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:57 AM ET, from this filing 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 October 24, 2023.

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