Vicor raised its second-quarter revenue guidance, citing rising product revenues and royalties from an additional licensee to its patented power system technology. The stock rose about 13% in Tuesday morning trading on the improved outlook. The update points to stronger near-term fundamentals and incremental monetization of its IP.
Vicor raised its second-quarter revenue guidance, citing rising product revenues and royalties from an additional licensee to its patented power system technology. The stock rose about 13% in Tuesday morning trading on the improved outlook. The update points to stronger near-term fundamentals and incremental monetization of its IP.
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