Vicor Corp (VICR) Misses Q3 EPS by 15c, Revs Miss
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EPS Growth %: -39.6%
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Consolidated net income: 2.35M
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Vicor Corp (NASDAQ: VICR) reported Q3 EPS of $0.29, $0.15 worse than the analyst estimate of $0.44. Revenue for the quarter came in at $84.9 million versus the consensus estimate of $98.17 million.
Commenting on third quarter performance, Dr. Patrizio Vinciarelli, Chief Executive Officer, stated, “Semiconductor component shortages and capacity constraints caused Q3 revenues to fall short of expectations with a negative impact on margins. Improved semiconductor component availability and increased capacity should support a significant step up in Q4 revenues.”
For earnings history and earnings-related data on Vicor Corp (VICR) click here.
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