Vicor Q4 2023 GAAP EPS $0.19 Misses $0.33 Estimate, Sales $92.65M Miss $107.07M Estimate
Portfolio Pulse from Benzinga Newsdesk
Vicor reported Q4 2023 earnings of $0.19 per share, missing the consensus estimate of $0.33 by 42.42%. Quarterly sales were $92.65M, missing the estimate of $107.07M by 13.46%, marking a 12.17% decrease from the same period last year.
February 22, 2024 | 9:26 pm
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NEGATIVE IMPACT
Vicor's Q4 2023 earnings and sales missed estimates, with a significant decrease in sales compared to last year.
Missing both earnings and sales estimates significantly, especially with a notable year-over-year decrease in sales, is likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100