Vicor Corp. (VICR) stated that, based on preliminary information, the company now expects to record first-quarter revenue of approximately $42.0 million, and a first-quarter pre-tax loss of approximately $8.4 million, including $1.4 million of severance costs relating to the reduction in work force.
Vicor Corp. said its first-quarter bookings improved significantly from the depressed level of the fourth quarter, but still sees weakness across many of its targeted markets. The company said its new products are being well-received, but are early in their sales cycle.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.