Vicor posted Q1 adjusted EPS $0.44, beating consensus $0.37, and revenue $113.0 million, up 20.2% YoY.
Shares fell 2.14% in pre‑market trading as investors reacted to muted guidance despite the earnings beat.
Backlog jumped 70% sequentially to $301 million, a 75% increase year‑on‑year, supporting future revenue growth.
Cash and cash equivalents were $404.2 million; operating cash used $3.9 million after a $28.6 million litigation payment.