On July 21, Vicor Corporation rose 5.2% in pre-market trading, trading at $245.0/share, with turnover of $380,000.

On the news front, the company is scheduled to release its second fiscal quarter earnings before market open today. Vicor previously raised its Q2 revenue guidance to $142 million, exceeding the consensus estimate of $138 million. The market expects quarterly revenue growth of 43.49% year-over-year, with adjusted earnings per share of $0.64, representing approximately 360% year-over-year growth. EBIT is projected at $33.2 million, up roughly 340% year-over-year, reflecting significant earnings leverage.

The stock had previously retreated to approximately $216 due to sector weakness and major shareholder selling. The upbeat pre-earnings guidance has driven capital to position ahead of the results release, fueling the pre-market rebound.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)