financetom
Business
financetom
/
Business
/
Vicor Q3 Earnings, Revenue Decline; Shares Jump After Hours
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Vicor Q3 Earnings, Revenue Decline; Shares Jump After Hours
Oct 22, 2024 2:32 PM

05:12 PM EDT, 10/22/2024 (MT Newswires) -- Vicor ( VICR ) reported Q3 earnings late Tuesday of $0.26 per diluted share, down from $0.37 a year earlier.

Two analysts polled by Capital IQ expected $0.10.

Net revenue for the quarter that ended Sept. 30 was $93.2 million, down from $107.8 million a year earlier.

Three analysts surveyed by Capital IQ expected $85.2 million.

Shares of Vicor ( VICR ) traded nearly 11% higher in after-hours activity.

Price: 48.05, Change: +4.61, Percent Change: +10.61

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
EastGroup Properties Q3 Adjusted FFO, Revenue Rise; 2024 FFO Outlook Revised
EastGroup Properties Q3 Adjusted FFO, Revenue Rise; 2024 FFO Outlook Revised
Oct 27, 2024
05:16 PM EDT, 10/23/2024 (MT Newswires) -- EastGroup Properties ( EGP ) reported Q3 adjusted funds from operations late Wednesday of $2.13 per diluted share, up from $1.95 per share a year earlier. Analysts polled by Capital IQ expected $1.61. Revenue for the quarter ended Sept. 30 rose to $162.9 million from $146.5 million a year earlier. Analysts surveyed by...
Italy's Eni and BP resume onshore drilling in Libya after 10-year hiatus, NOC says
Italy's Eni and BP resume onshore drilling in Libya after 10-year hiatus, NOC says
Oct 27, 2024
CAIRO, Oct 26 (Reuters) - Italian energy company Eni and British oil giant BP have resumed exploration in Libya after onshore drilling was halted in 2014, Libya's national oil corporation (NOC) said on Saturday. NOC also said in a statement that Eni had started drilling in an area of Ghadames basin on Saturday. ...
New York probing legality of Capital One-Discover merger
New York probing legality of Capital One-Discover merger
Oct 27, 2024
NEW YORK (Reuters) - New York Attorney General Letitia James is investigating whether Capital One's proposed $35.3 billion takeover of Discover Financial Services ( DFS ) violates the state's antitrust law. James asked a state judge in Manhattan in court filings on Wednesday to subpoena Capital One for documents needed for her probe, citing the bank's alleged lack of cooperation....
Tesla surprises with sales forecast and cost efficiency, shares jump
Tesla surprises with sales forecast and cost efficiency, shares jump
Oct 27, 2024
(Reuters) -Tesla CEO Elon Musk said he expects vehicle sales to grow 20% to 30% next year, reassuring investors the company was improving its core business of selling electric vehicles profitably, and reducing concerns about when it could produce a robotaxi. The forecast, building on a target for slight growth in deliveries this year, pushed the company's shares up 12% in...
Copyright 2023-2026 - www.financetom.com All Rights Reserved