Vicor Corporation reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was USD 92.65 million compared to USD 105.49 million a year ago. Net income was USD 8.67 million compared to USD 8.06 million a year ago. Basic earnings per share from continuing operations was USD 0.19 compared to USD 0.18 a year ago. Diluted earnings per share from continuing operations was USD 0.19 compared to USD 0.18 a year ago.
For the full year, sales was USD 405.06 million compared to USD 399.08 million a year ago. Net income was USD 53.6 million compared to USD 25.45 million a year ago. Basic earnings per share from continuing operations was USD 1.21 compared to USD 0.58 a year ago. Diluted earnings per share from continuing operations was USD 1.19 compared to USD 0.57 a year ago.