BUZZ - Vicor shares surge as royalty income boosts earnings outlook

September 22 - ** Shares of modular power component manufacturer Vicor (VICR.O) rose 10% in pre-market trading to $245.2

**The company (link) raised its quarter-on-quarter growth forecast for the third quarter from nearly 10% to above 20%

** The company said this upward revision reflects patent royalties from a recently announced non-exclusive licensing agreement with Vertical Power Delivery (VPD)

** The CEO said that four leading companies have already been licensed to use Vicor's pioneering and patented power system technology

** All four brokerages have given the stock a "Buy" rating; the median target price is $387.50—data compiled by LSEG

** As of the close of the previous trading day, the stock has more than doubled this year

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