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

Vicor Q3 revenue falls 13.6% to $93.2 million; net income $11.6 million

Mixed Impact 3 of 5 earnings Written later

Vicor reported third-quarter 2024 revenue of $93.2 million, down 13.6% from a year earlier but up 8.5% from the second quarter. Net income was $11.6 million, or $0.26 per diluted share, versus $16.6 million, or $0.37, a year earlier. For the nine months, the company posted a net loss of $4.1 million, or $0.09 per diluted share, after a $19.5 million litigation-contingency expense.

Key points

  • Q3 2024 revenue $93.2 million, down 13.6% year over year and up 8.5% from Q2 2024 ($85.9 million)
  • Q3 2024 net income $11.6 million, or $0.26 per diluted share, compared with $16.6 million, or $0.37, in Q3 2023
  • Nine-month 2024 net loss of $4.1 million, or $0.09 per share, including $19.5 million litigation-contingency expense
  • Backlog $150.6 million at September 30, 2024, down 13.8% year over year; cash and equivalents $267.6 million

The filing

CompanyVicor (VICR)
Form8-K, current report
Filed with the SECOct 22, 2024, 4:24 PM ET
Accession number0001193125-24-241080

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 22, 2024.

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.