Vicor Announces Financial Results for Quarter

July 23, 2001 by Jeff Shepard

Vicor Corp. (Andover, MA) announced its financial results for the quarter ended June 30, 2001. Revenues for the quarter were $50,260,000, in comparison with $62,778,000 for the corresponding period a year ago. The company reported a net loss for the quarter of $953,000, compared with a net income of $8,215,000 in 2000, and a diluted loss per share of $0.02, compared with an income per diluted share of $0.19 in 2000.

For the six months ended June 30, 2001, revenues decreased to $105,279,000, versus $120,564,000 for the year-ago period. Net income and net income per diluted share were $15,331,000 in 2000 and $0.35 per share in 2000, respectively.