Vicor (#VICR) reported Q3 revenue of $197.1M, up 78.5% YoY, while EPS reached $1.33 and net income more than doubled to $63.3M.
The company’s backlog surged 166% YoY to $406M, driven by strong demand for power solutions supporting AI infrastructure.
🔹 Key Highlights
- 📈 Revenue: Q3 revenue reached $197.1M (+78.5% YoY).
- 💵 EPS: Q3 EPS came in at $1.33.
- 💰 Net Income: Net income increased to $63.3M.
- 📦 Backlog: Backlog surged 166% YoY to $406M.
- 🏭 Capacity Expansion: Manufacturing capacity is expanding to nearly 5× Fab-1 capacity.
💡 Why It Matters
AI data centers require significant power infrastructure, and Vicor’s strong revenue growth and expanding backlog position the company to benefit from increasing AI power demand.
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