VICR Earnings Prediction
The chart below shows how VICR performed 10 days before and after its earnings report, based on data from the past quarters. Typically, VICR sees a -2.31% change in stock price 10 days leading up to the earnings, and a +6.58% change 10 days following the report. On the earnings day itself, the stock moves by -0.08%. This data can give you a slight idea of what to expect for the next quarter's release.
VICR Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
93.17M
-13.61%
8.52%
Gross Margin
49.10%
-5.23%
-1.45%
Operating Margin
5.78%
-60.30%
97.27%
Net Margin
12.40%
-19.38%
-992.09%
EPS
0.26
-29.73%
-966.67%
No Data Available
VICR Earnings Analysis
Vicor Corp Corporation (VICR.O) Earnings Conference Call
Positive
Quarterly Revenue Analysis: Vico recorded total revenue for the third quarter of $93.2 million, up 8.5% sequentially from the second quarter of 2024 total of $85.9 million and down 13.6% from the third quarter of 2023 total of $107.8 million.
Product Revenue Growth: Advanced Products revenue increased 6.5% sequentially to $49.4 million while Brick Products revenue increased 10.8% sequentially to $43.8 million.
Export Revenue Increase: Exports for the third quarter increased sequentially as a percentage of total revenue to approximately 49% from the prior quarter's 43.3%.
Gross Margin Analysis: Turning to Q3 gross margin, we recorded a consolidated gross profit margin of 49.1%, which is a 70 basis point decrease from the prior quarter, primarily due to a change in product mix.
Q3 Net Income: Net income for Q3 totaled $11.6 million.
Negative
Q3 Revenue Decline: Total revenue for Q3 was $93.2 million, down 13.6% from $107.8 million in Q3 2023.
Distributor Shipment Decline: Shipments to stocking distributors decreased 12.5% sequentially and decreased 22.7% year-over-year.
Advanced Products Revenue Share: Advanced products share of total revenue decreased to 53% compared to 54% for Q2 2024.
Gross Profit Margin Decline: Consolidated gross profit margin of 49.1% decreased by 70 basis points from the prior quarter, primarily due to a change in product mix.
Q3 Net Income Summary: Net income for Q3 totaled $11.6 million, with GAAP diluted income per share at $0.26 based on a fully diluted share count of 45,174,000 shares.
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VICR Earning Call Sentiment
Vicor Corporation (VICR) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
VICR.O
3.3%Positive
The earnings call summary indicates challenges such as decreased revenue, declining gross margins, and a lack of quarterly guidance. Competitive pressures and supply chain issues add to concerns. The Q&A reveals skepticism about the Gen 5 product timeline and IP challenges with Delta modules. Despite some positive market segments, the overall sentiment is negative due to uncertainties and lack of clear guidance, especially given the company's small-cap status, likely resulting in a stock price decrease of -2% to -8%.
