Revenue Update on Vicor Corp(NASDAQ:VICR)

Vicor Corp(NASDAQ:VICR) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during After-hours on Jul 26, 2016. Earnings per share were $-0.01.

Vicor Corp (VICR) shares turned negative on Fridays trading session with the shares closing down -0.29 points or -2.66% at a volume of 44,578. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $11.14. The peak price level was also seen at $11.14 while the days lowest was $10.6. Finally the shares closed at $10.6. The 52-week high of the shares is $11.69 while the 52-week low is $7. According to the latest information available, the market cap of the company is $411 M.

Several Insider Transactions has been reported to the SEC. On Jun 24, 2016, Estia J Eichten (director) sold 4,000 shares at $11.00 per share price.Also, On Mar 3, 2016, Patrizio Vinciarelli (Chairman and CEO) purchased 1 shares at $8.47 per share price.On Aug 17, 2015, Samuel J Anderson (director) sold 9,808 shares at $11.21 per share price, according to the Form-4 filing with the securities and exchange commission.

Vicor Corporation designs develops manufactures and markets modular components and complete systems for converting regulating and controlling electric current. The Company’s operating segments include Brick Business Unit (BBU) VI Chip Business Unit and Picor Business Unit. The BBU segment designs develops manufactures and markets power modules in three formats: encapsulated modules known as bricks; line of intermediate bus converters which are open-frame (not encapsulated) devices and line of modular power solutions incorporating its VI Chip modules and complementary circuitry into thermal packaging which the Company markets as VI Brick modules. The VI Chip Business Unit segment consists of VI Chip Corporation a subsidiary of Vicor that designs develops manufactures and markets a range of advanced power conversion components. The Picor Business Unit segment consists of Picor Corporation a subsidiary of Vicor.

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