Vicor (VICR) Posts Earnings Results
Vicor (NASDAQ:VICR) announced its quarterly earnings results on Tuesday. The electronics maker reported $0.10 earnings per share (EPS) for the quarter, Bloomberg Earnings reports. Vicor had a negative return on equity of 0.55% and a net margin of 0.07%.
Shares of NASDAQ:VICR traded down $0.50 on Tuesday, reaching $29.25. The company had a trading volume of 186,694 shares, compared to its average volume of 142,340. Vicor has a 52-week low of $16.30 and a 52-week high of $31.90.
Separately, BidaskClub upgraded Vicor from a “sell” rating to a “hold” rating in a report on Tuesday, April 3rd.
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Vicor Corporation designs, develops, manufactures, and markets modular power components and power systems for converting, regulating, and controlling electric current worldwide. It operates through three segments: Brick Business Unit, VI Chip, and Picor. The company offers modular direct current (DC)-DC converters, open-frame intermediate bus converters, and complementary components; high density zero voltage soft switching DC-DC converters; configurable products; and custom power systems.
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