News

Vicor Reports Fourth-Quarter 2001 Results

February 07, 2002 by Jeff Shepard

Vicor Corp. (Andover, MA) announced its financial results for the quarter ended December 31, 2001. Revenues for the quarter were $39,032,000, compared with $69,168,000 for the corresponding period a year ago. The company reported a net loss for the quarter of $1,807,000, compared with net income of $8,550,000 in 2000, and a diluted loss per share of $0.04, compared with diluted income per share of $0.20 in 2000.

For the year ended December 31, 2001, revenues decreased to $195,910,000, compared to $257,583,000 for the same period of 2000. The company reported a net loss for the year of $559,000, compared with net income of $33,920,000 in 2000, and a diluted loss per share of $0.01, compared with diluted income per share of $0.78 in 2000.