Vicor Corporation (VICR) CEO Dr. Patrizio Vinciarelli on Q4 2019 Results - Earnings Call Transcript

Feb. 26, 2020 10:14 AM ETVicor Corporation (VICR) StockVICR
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Q4: 2020-02-25 Earnings Summary

EPS of $0.03 misses by $0.08
 | Revenue of $63.13M (-14.37% Y/Y) misses by $4.90M

Vicor Corporation (NASDAQ:VICR) Q4 2019 Results Conference Call February 25, 2020 5:00 PM ET

Company Participants

Dr. Patrizio Vinciarelli - CEO
James Simms - CFO
Phil Davies - Worldwide Head of Global Sales and Marketing

Conference Call Participants

Quinn Bolton - Needham & Company
Rich Shannon - Craig Hallum
Gus Richard - Northland Capital Markets

Operator

Good day, and welcome everyone to the Vicor Earnings Results for the Fourth Quarter and Year Ended December 31, 2019, hosted by Dr. Patrizio Vinciarelli, CEO of Vicor; and James Simms, CFO of Vicor.

My name is Tommy, and I'm your event manager. [Operator Instructions] I would like to advise all parties this conference is being recorded for replay purposes.

And now I'd like to hand over to James Simms. Please go ahead, sir.

James Simms

Thank you, Tommy. Good afternoon, everyone, and welcome to Vicor Corporation's earnings call for the fourth quarter and the full year ended 12/31. I'm Jamie Simms, CFO; and with me here in Andover are Patrizio Vinciarelli, CEO; and Phil Davies, Worldwide Head of Global Sales and Marketing.

After the markets closed today, we issued a press release summarizing our financial results for the 3 months and 12 months ended 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 the 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

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