Vicor Corporation reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 107.84 million compared to USD 103.12 million a year ago. Net income was USD 16.58 million compared to USD 1.79 million a year ago. Basic earnings per share from continuing operations was USD 0.37 compared to USD 0.04 a year ago. Diluted earnings per share from continuing operations was USD 0.37 compared to USD 0.04 a year ago.
For the nine months, sales was USD 312.41 million compared to USD 293.59 million a year ago. Net income was USD 44.93 million compared to USD 17.38 million a year ago. Basic earnings per share from continuing operations was USD 1.01 compared to USD 0.4 a year ago. Diluted earnings per share from continuing operations was USD 1 compared to USD 0.39 a year ago.