Vicor Q3 revenue jumps 78.5% year over year on royalty boost, strong demand
VICR•Vicor’s third-quarter revenue rose 78.5% year over year and 37.5% sequentially. Net income was $63.30 million and EPS was $1.33, with royalty revenue growth, higher gross margin and a larger backlog contributing to results.
1. Revenue and outlook
Vicor reported a 78.5% year-over-year increase in third-quarter revenue, with royalty revenue growth contributing to the rise. Net income was $63.30 million and EPS was $1.33; the company also cited higher gross margin and a backlog increase both sequentially and year over year. Vicor expects to expand capacity with two new sites and anticipates broader adoption of its second-generation VPD modules by OEMs and hyperscalers.
