Vicor Corporation (VICR) Q4 2024 Earnings Call Transcript

Vicor Corporation (VICR) Q4 2024 Earnings Call Transcript

Vicor Corporation (NASDAQ:VICR) Q4 2024 Earnings Conference Call February 20, 2025 5:00 PM ET

Company Participants

James Schmidt – Chief Financial Officer
Philip Davies – Corporate Vice President, Global Sales and Marketing
Patrizio Vinciarelli – President and Chief Executive Officer

Conference Call Participants

Jonathan Tanwanteng – CJS Securities
Quinn Bolton – Needham & Company, LLC
Richard Shannon – Craig-Hallum Capital Group LLC
Donald McKenna – D.B. McKenna & Co.

Operator

Ladies and gentlemen, thank you for standing by. Welcome to the Fourth Quarter 2024 Vicor Earnings Conference Call.

I would now like to turn the conference over to Jim Schmidt, Chief Financial Officer. Sir, please go ahead.

James Schmidt

Thank you. Good afternoon, and welcome to Vicor Corporation’s earnings call for the fourth quarter and year ended December 31, 2024. I’m Jim Schmidt, Chief Financial Officer; and I’m in Andover with Patrizio Vinciarelli, Chief Executive Officer; and Phil Davies, Vice President, Global Sales and Marketing. After the markets closed today, we issued a press release summarizing our financial results for the 3 months and year ending December 31. This press release has been posted on the Investor Relations page of our website, www.vicorpower.com. We also filed a Form 8-K today related to the issuance of this press release.

I remind listeners, this conference call is being recorded and is copyrighted property of Vicor Corporation. I also remind you various remarks we make during this call may constitute forward-looking statements for purposes of the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. Except for historical information contained in this call, the matters discussed on this call including any statements regarding current and planned products, current and potential customers, potential market opportunities, expected events and announcements, and our capacity expansion, as well as management’s expectations for sales growth, spending and profitability are forward-looking statements involving risk and uncertainties.

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