Vicor expects Q4 product revenue to rise 10% and royalty revenue to reach at least $43 million. Some Q3 royalty income came from one-time payments, but the sales outlook and larger backlog point to stronger prospects.
More shipments and a larger backlog point to stronger demand, and higher margins also helped. Part of the royalty jump came from a one-time payment, but expected Q4 growth in product sales and royalties supports continued expansion.
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