Electrical equipment co Vicor jumps after Q4 beat

Vicor

21/02/2025 19:03

** Shares of Vicor Corp  VICR.O  up 22.9% on Fri to $63.72,
highest since Sept 2023, after Q4 results top analyst estimates
    ** VICR shares among biggest gainers in S&P 1500 index
 .SPSUP , which is down 1.4% on the session
** Andover, Massachusetts-based modular power components
manufacturer late Thurs posted adj EPS of 23 cents on rev of
$96.2 mln, up ~4% y/y
    ** Avg estimates among 3 analysts covering VICR were for
earnings of 21 cents/sh and rev of $91 mln, per LSEG data
    ** CEO Patrizio Vinciarelli said in statement licensing has
been gaining traction with companies adopting its patented
high-density power system solutions
    ** Avg analyst rating on VICR is "hold" with median PT of
$50
    ** Including move on Fri, stock up 31% YTD vs ~2% decline in
S&P 600 Industrials sector  .SPSMCI 

(Lance Tupper is a Reuters market analyst. The views expressed
are his own)
((lance.tupper@tr.com 1-646-279-6380))