Significant Revenue Growth
Vicor recorded revenue of $141 million in Q2, up 50.1% sequentially from Q1 and 64.3% year-over-year.
Patent Litigation Settlement
A successful patent litigation settlement contributed to a significant increase in gross margin by 1,810 basis points compared to the prior quarter.
Cash Flow Improvement
Operating cash flow totaled $55.2 million for the quarter, with cash and cash equivalents increasing by $42.4 million sequentially.
Advanced Product Development
Introduction of next-generation products and Gen 5 vertical power delivery solutions, with significant advances in power and current density.
Automotive Market Progress
Successful audits with European and ASEAN OEMs indicate growth potential in the automotive market, particularly for 48-volt zonal architectures.