Business · Yahoo Finance
Vicor ( VICR +5.15% ) stock closed out this week's trading stretch with big gains
Compiled by KHAO Editorial — aggregated from 1 outlet. See llms.txt for citation guidance.
◌ Single Source
Tech stocks enjoyed a bullish backdrop over the last week, with the S&P 500 climbing 0.5% and the Nasdaq Composite rising 1.5%.
Key facts
- Vicor recorded earnings per share of $0.44 on sales of $113 million in the first quarter
- Earnings per share beat the average analyst estimate by $0.11, and sales came in $3.65 million higher than anticipated
- Tech stocks enjoyed a bullish backdrop over the last week, with the S&P 500 climbing 0.5% and the Nasdaq Composite rising 1.5%
- The company said that it anticipates second-quarter revenue to come in at nearly $126 million
Summary
Vicor ( VICR +5.15% ) stock closed out this week's trading stretch with big gains. Vicor recorded earnings per share of $0.44 on sales of $113 million in the first quarter. In addition to posting strong sales and earnings beats in the first quarter, Vicor returned to providing definitive forward guidance. The company said that it anticipates second-quarter revenue to come in at nearly $126 million.