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Vicor reports financial results for 2008 11-03-09


Vicor reported its financial results for the fourth quarter and year ended December 2008. Revenues for the fourth quarter decreased to $51,324,000, compared to $53,947,000 for the corresponding period a year ago and $51,278,000 for the third quarter of 2008. Net loss for the fourth quarter was $3,501,000, compared to net income of $1,497,000 for the corresponding period a year ago and net income of $609,000, for the third quarter of 2008. For the twelve months ended December 2008, revenues increased by 4.9% to $205,368,000 from $195,827,000 for the corresponding period a year ago. Net loss for the twelve month period was $3,595,000, compared to net income of $5,335,000 for the corresponding period a year ago.

 
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