On October 30, Vicor fell 5.63% in Pre-Market Trading, trading at $193.2803 per share, with turnover of $148.3 thousand.
The move came as the market continued to digest the company’s third-quarter results and earlier guidance increase, even after a prior rally in the stock.
Vicor previously reported third-quarter revenue of $197.1 million, above market expectations near $187 million, while EPS was $1.33, below some estimates of $1.37 but up sharply from $0.63 a year earlier. Earlier, the company had raised its third-quarter sequential growth outlook to more than 30%, citing higher royalty income from a non-exclusive license related to Vertical Power Delivery technology. Recent trading indicates investors are reassessing how much of that revenue upside is sustainable after the stock’s earlier strength.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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