Shares of Vicor Corporation (VICR) gained 16% on Wednesday morning driven by the company's second-quarter results.
Revenue for the quarter rose year-over-year to $141.0 million, driven by strong product revenue, licensing income, and a patent litigation settlement.
The company reported net income of $41.2 million, or $0.91 per share, compared to a net loss of $1.2 million, or $0.03 per share last year.
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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.