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Update: Vicor Shares Surge After Raising Q2 Revenue Guidance

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(Updates with recent stock movement in the headline and the first paragraph.)

Vicor (VICR) shares rose more than 21% in Tuesday afternoon trading after the company said it raised its Q2 revenue guidance to $142 million from $126 million, due to rising product revenues and royalties from a new licensee to its power system technology.

Four analysts surveyed by FactSet expect $125.5 million.

The company said the new license includes all of its patents covering power converter topologies, control systems, power components, and distribution architectures.

Price: $325.75, Change: $+57.76, Percent Change: +21.55%

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