Vicor Q3 EPS $0.26 Beats $0.14 Estimate, Sales $93.17M Beat $85.23M Estimate
Portfolio Pulse from Benzinga Newsdesk
Vicor (NASDAQ:VICR) reported Q3 earnings of $0.26 per share, surpassing the $0.14 estimate, despite a year-over-year decrease. Sales were $93.17M, beating the $85.23M estimate but also down from last year.
October 22, 2024 | 8:11 pm
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Vicor's Q3 earnings per share of $0.26 exceeded expectations of $0.14, but were down from $0.37 last year. Sales of $93.17M also beat estimates but decreased from $107.84M last year.
Vicor's earnings and sales both exceeded analyst estimates, which is typically positive for stock performance. However, the year-over-year decline in both metrics may temper investor enthusiasm.
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IMPORTANCE 80
RELEVANCE 100