Vicor shares rose about 12% after the company sharply raised its Q3 revenue outlook, citing royalties from a new licensing agreement.
Vicor (VICR) surged roughly 12% in extended trading on Monday after the power‑technology firm announced a sharp increase to its third‑quarter revenue growth outlook. The company attributed the upward revision to royalties expected from a recently announced licensing agreement. Vicor, based in Andover, Massachusetts, said it now expects third‑quarter revenue to grow, though the specific growth target was not disclosed in the available reporting. The limited information leaves the exact magnitude of the revised outlook and the terms of the licensing deal uncertain.