Vicor Corp. (Andover, MA) announced its financial results for the quarter ended September 30, 2002. Revenues for the quarter were $39,503,000 compared with $51,599,000 for the corresponding period a year ago. The company reported a net loss for the quarter of $2,625,000 compared with net income of $122,000 in 2001, and a diluted loss per share of $0.06 compared with diluted income per share of $0.00 in 2001.
For the nine months ended September 30, 2002, revenues decreased to $110,954,000 versus $156,878,000 for the same period of 2001. The company reported a net loss for the period of $12,408,000 compared with net income of $1,248,000 in 2001, and a diluted loss per share of $0.29 compared with diluted income per share of $0.03 in 2001.
