Vicor Corporation (NASDAQ:VICR) Q2 2023 Earnings Conference Call July 25, 2023 12:00 PM ET

Company Participants

Jim Schmidt - CFO

Phil Davies - VP, Global Sales and Marketing

Patrizio Vinciarelli - CEO

Conference Call Participants

Quinn Bolton - Needham & Company

Jon Tanwanteng - CJS Securities

John Dillon - D&B Capital

Don McKenna -

John Dillon -

Operator

Welcome, everyone to today's webinar entitled Vicor Corporation Earnings Results for the Second Quarter Ended June 30, 2023. My name is Robin and I'll be your operator for today. During the presentation all attendees will remain in listen-only mode. [Operator Instructions]

And with that, I would like to hand over to Jim Schmidt, Chief Financial Officer Please proceed.

Jim Schmidt

Thank you. Good afternoon and welcome to Vicor Corporation's earnings call for the second quarter ended June 30, 2023. I'm Jim Schmidt, Chief Financial Officer and I'm in Andover with Patrizio Vinciarelli, Chief Executive Officer and Phil Davies, Corporate Vice President, Global Sales and Marketing.

After the markets closed today, we issued a press release summarizing our financial results for the three months and six months ending June 30. 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 this conference call is being recorded and is 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 Private Securities Litigation Reform Act of 1995. Except for historical information contained in this call, matters discussed on this call, including any statements regarding current and planned products, current and potential customers, potential market opportunities, expected events and announcements and our capacity expansion as well as management's expectations for sales growth, spending and profitability, are forward-looking statements involving risks and uncertainties.

In light of these risks and uncertainties, we can offer no assurance that any forward-looking statements will in fact prove to be correct. Actual results may differ materially from those explicitly set forth and/or implied by any of our remarks today. The risks and uncertainties we face are discussed in Item 1A of our 2022 Form 10-K, which we filed with the SEC on February 28, 2023. This document is available via the EDGER system on the SEC's website.

Please note the information provided during this conference call is accurate only as of today, Tuesday July 25, 2023. Vicor undertakes no obligation to update any statements including forward-looking statements made during this call. And you should not rely upon such statements after the conclusion of this call. A webcast replay of today's call will be available shortly on the Investor Relations page of our website.