Vicor's (VICR) CEO Patrizio Vinciarelli on Q1 2020 Results - Earnings Call Transcript

Apr. 23, 2020 11:52 PM ETVicor Corporation (VICR) StockVICR
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Q1: 2020-04-23 Earnings Summary

EPS of -$0.04 misses by $0.09
 | Revenue of $63.40M (-3.54% Y/Y) beats by $101.00K

Vicor Corporation (NASDAQ:VICR) Q1 2020 Earnings Conference Call April 23, 2020 5:00 PM ET

Company Participants

James Simms – Chief Financial Officer
Patrizio Vinciarelli – Chief Executive Officer

Conference Call Participants

Quinn Bolton – Needham & Company, LLC
Jon Tanwanteng – CJS Securities Inc.
Don McKenna – DB McKenna & Co., Inc.
John Dillon – D&B Capital
Richard Shannon – Craig-Hallum Capital Group
Alan Hicks – Ainsley Capital Management
Jim Bartlett – Bartlett Investors

Operator

Good day everyone, and welcome to the Vicor Earnings Results for the First Quarter Ended March 31, 2020, Conference Call hosted by Chief Financial Officer, James Simms.

My name is Atila and I’m your Event Manager today. [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. Please proceed.

James Simms

Thank you very much. Good afternoon and welcome to Vicor Corporation’s earnings call for the first quarter ended March 31, 2020. I’m Jamie Simms, Chief Financial Officer; and with me here in Andover is Patrizio Vinciarelli, Chief Executive Officer.

After the markets closed today, we issued a press release summarizing our financial results for the three months ended March 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 that 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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