Vicor Q3 Results Miss Street View; Shares Down 5%

Vicor Corporation (VICR) Thursday reported third-quarter net income of $13.3 million or $0.29 per share, a surge from last year's profit of $5.8 million or $0.13 per share.

Revenues for the third quarter grew 8.7% to $84.9 million from $78.1 million last year.

Analysts polled by Thomson Reuters estimated earnings of $0.44 per share on revenues of $98.17 million for the quarter.

VICR closed Thursday's trading at $144.23, down $5.41 or 3.62%, on the Nasdaq. The stock further slipped $6.98 or 4.84% in the after-hours trading.

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