Vicor Announces Financial Results for Quarter
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.