05:38 PM EDT, 04/23/2024 (MT Newswires) -- Vicor ( VICR ) reported Q1 earnings late Tuesday of $0.06 per diluted share, down from $0.25 per share a year earlier.

Two analysts polled by Capital IQ expected $0.06.

Net revenue for the quarter ended March 31 fell to $83.9 million from $97.8 million a year earlier. Three analysts surveyed by Capital IQ expected $84.8 million.

The company's shares were down nearly 10% in after-hours activity.

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