Click here to participate in the action. If you purchased or otherwise acquired Vicor shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Marion Passmore by email at investigations@bespc.com, telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you. Brag ...

Investors can contact the law firm at 3106928883 at no cost to learn more about recovering their losses. On this news, the price of Vicor's shares fell from $46.84 per share on February 22, 2024, to $35.87 per share on February 23, 2024. LOS ANGELES, July 26, 2024 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Vicor Corporation ("Vicor" or the "Company") (NASDAQ: VICR) investors that a shareholder filed a class action on behalf of persons and entities that purchased or otherwise acquired shares. Please vi ...

The Allegations: Robbins LLP is Investigating Allegations that Vicor Corporation (VICR) Misled Investors Regarding its AI Platform According to the complaint, during the class period, defendants misled investors regarding the Company's forthcoming AI platform and led investors to believe that Vicor had secured a significant deal with Nvidia for its H100 product, which caused shareholders to purchase Vicor stock at artificially inflated prices. The complaint alleges that on October 24, 2023, Vicor released i ...

SAN DIEGO, July 25, 2024 (GLOBE NEWSWIRE) -- Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Vicor Corporation (NASDAQ: VICR) common stock between April 26, 2023 and February 22, 2024, inclusive (the "Class Period"), have until September 23, 2024 to seek appointment as lead plaintiff of the Vicor class action lawsuit. Captioned Valiquette v. Vicor Corporation, No. 24-cv-11935 (D. Mass.), the Vicor class action lawsuit charges Vicor and certain of Vicor's top executives with violat ...

https://zlk.com/pslra-1/vicor-corporation-lawsuit-submission-form | --- | |---------------------------------| | | | CONTACT: | | Levi & Korsinsky, LLP | | Joseph E. Levi, Esq. | | Ed Korsinsky, Esq. | | 33 Whitehall Street, 17th Floor | | New York, NY 10004 | | jlevi@levikorsinsky.com | | Tel: (212) 363-7500 | | Fax: (212) 363-7171 | | www.zlk.com | During the class period, Defendants created the false and/or materially misleading impression that Vicor had secured a significant deal for its H100 product tha ...

Financial Data and Key Metrics Changes - Total revenue for Q2 was $85.9 million, up 2.4% sequentially from Q1 2024's $83.9 million, but down 19.6% from Q2 2023's $106.7 million [91] - Advanced product revenue increased 7.1% sequentially to $46.4 million, while Brick Products revenue decreased 2.7% sequentially to $39.5 million [91] - GAAP diluted loss per share was $0.03, based on a fully diluted share count of 44,855,000 shares [4] - Gross profit margin was 49.8%, a decrease of 400 basis points from the prior quarter, primarily due to a change in product mix [3] Business Line Data and Key Metrics Changes - Advanced products accounted for 54% of total revenue in Q2, up from 51.6% in Q1 2024, while Brick Products decreased to 46% of total revenue [3] - Book-to-bill ratio was above 1 for the first time in eight quarters, indicating stronger demand in industrial and aerospace markets [5][6] Market Data and Key Metrics Changes - Exports as a percentage of total revenue increased to approximately 43.3% from 42.6% in the prior quarter [3] - The automotive pipeline stands at $1.3 billion, with a focus on BEV powertrains, which make up over 50% of the pipeline [52][122] Company Strategy and Development Direction - The company aims to double revenues in industrial and aerospace markets over the next five to seven years, leveraging advanced packaging technologies [52] - The transition to Gen 5 technology is expected to enhance capabilities in high-performance computing (HPC) and automotive applications [42][44] - The company is focusing on a broad business portfolio to provide stability and capitalize on opportunities across four main markets [44] Management's Comments on Operating Environment and Future Outlook - Management noted that 2024 is a year of uncertainty and opportunity, with a wide range of possible outcomes affecting quarterly guidance [41] - The aerospace and defense markets are expected to continue their strength, while the HPC segment remains variable [114] - Management is optimistic about the growth potential in the AI market and the transition to scalable vertical power delivery (VPD) solutions [42][70] Other Important Information - Capital expenditures for Q2 totaled $6.1 million, with a construction in progress balance of approximately $12.6 million [50] - Operating expenses decreased 30.5% sequentially to $42.6 million, primarily due to reduced legal fees [79] Q&A Session Summary Question: Can you provide more details on the mix of orders in the quarter? - Management indicated that the industrial and aerospace markets have been growing significantly, with these segments taking a larger share of revenue compared to HPC [19] Question: What is the outlook for the HPC business? - Management stated that the HPC business is in transition, and while there are opportunities, the timing of customer decisions remains uncertain [60] Question: How is the automotive pipeline divided between EVs and hybrids? - The automotive pipeline is primarily focused on BEVs, with over 50% of the pipeline, and includes opportunities in plug-in hybrids and mild hybrids [122] Question: What is the expected impact of the new product releases? - Management clarified that new products are being sampled to top customers, with a general release expected in Q4 [125][126] Question: How is the royalty income trend? - Management confirmed that royalty income has been increasing, driven by both new licensees and increased volumes from existing ones [134]

Gross margin decreased to $42.8 million for the second quarter of 2024, compared to $55.2 million for the corresponding period a year ago and $45.1 million for the first quarter of 2024. Gross margin, as a percentage of revenue, decreased to 49.8% for the second quarter of 2024, compared to 51.7% for the corresponding period a year ago and 53.8% for the first quarter of 2024. Operating expenses increased to $42.6 million for the second quarter of 2024, compared to $37.3 million for the corresponding period ...

Vicor encourages investors and analysts who intend to ask questions via the conference call to register with Notified, the service provider hosting the conference call. Those registering on Notified's website will receive dial-in info and a unique PIN to join the call as well as an email confirmation with the details. Registration may be completed at any time prior to 5:00 p.m. on July 23, 2024. Vicor Corporation designs, develops, manufactures, and markets modular power components and complete power system ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________________________ Commission File Number 0-18277 VICOR CORPORATION (Registrant's telephone number) Securities registered pursuant to Section 12(b) ...

NEWS RELEASE FINANCIAL NEWS BRIEF Exhibit 99.1 April 23, 2024 For Immediate Release Vicor Corporation Reports Results for the First Quarter Ended March 31, 2024 Andover, Mass., April 23, 2024 (GLOBE NEWSWIRE) — Vicor Corporation (NASDAQ: VICR) today reported financial results for the first quarter ended March 31, 2024. These results will be discussed later today at 5:00 p.m. Eastern Time, during management's quarterly investor conference call. The details for the call are below. Revenues for the first quart ...