Virco Manufacturing
Yahoo Finance • 4 months ago
Virco Reports Loss of $1.3 Million in Third Quarter as Cyclical Decline Begins to Slow
Revenue through Nine Months Down 27.0% to $173.5 MillionNet Income through Nine Months is $9.6 MillionKey Balance Sheet Metrics Continue to Improve as Current Ratio Reaches 3.98Backlog Pulls Nearly Even on YOY Basis as Order Rates Begin to... Full story
Yahoo Finance • 7 months ago
Virco Manufacturing GAAP EPS of $0.65, revenue of $92.09M
* Virco Manufacturing press release [https://seekingalpha.com/pr/20222749-virco-reports-solid-operating-and-net-income-for-second-quarter-and-first-six-months-despite] (NASDAQ:VIRC [https://seekingalpha.com/symbol/VIRC]): Q2 GAAP EPS of... Full story
Yahoo Finance • 7 months ago
Virco Reports Solid Operating and Net Income for Second Quarter and First Six Months, Despite Significant Reduction in Revenue
Operating income of $15.3 million through six months is third highest in past decade, following two record yearsGeneral downturn in school furniture market results in 15.1% decline in Second Quarter shipments; 18.9% decline through six mon... Full story
Yahoo Finance • 9 months ago
Virco MFG CEO Virtue buys $16,300 in company stock
Robert A. Virtue, CEO of VIRCO MFG CORPORATION (NASDAQ:VIRC), recently purchased 2,000 shares of the company’s common stock at $8.15 per share, according to a Form 4 filing with the Securities and Exchange Commission. The total value of th... Full story
Yahoo Finance • 10 months ago
Virco Manufacturing declares $0.025 dividend
* Virco Manufacturing (NASDAQ:VIRC [https://seekingalpha.com/symbol/VIRC]) declares $0.025/share quarterly dividend [https://seekingalpha.com/pr/20128983-virco-reports-700000-first-quarter-profit-as-demand-for-school-furniture-slows#hasC... Full story
Yahoo Finance • 10 months ago
Virco Reports $700,000 First Quarter Profit as Demand for School Furniture Slows
Shipments plus Backlog declines 22.9% to $105.6 millionGross Margin Improves 400 Basis Points to 47.5% vs. 43.5% LY Reinforcing Company’s Long-Standing Commitment to Domestic ManufacturingBoard Declares Quarterly Dividend of $0.025 per Sha... Full story
Yahoo Finance • 12 months ago
Virco Marks 75th Anniversary with Strong Earnings Results, Positive Cash Flow, Higher Shareholder Returns, and Strategic Re-Investment
Long-Term Strategy of Investing in Domestic Manufacturing and Service Proves SuccessfulNet Income For FYE 1.31.25 reaches $21.6 MMFYE 1.31.25 Revenue tops $266 MMOperating Cash Flow tops $33 MMDividends and Share Repurchases exceed $5 MMSt... Full story
Yahoo Finance • last year
Virco Adopts New Share Repurchase Program
TORRANCE, Calif., Jan. 21, 2025 (GLOBE NEWSWIRE) -- Virco Mfg. Corporation (NASDAQ:VIRC), a leading manufacturer and supplier of movable furniture and equipment for educational environments and public spaces, announced today that its Boa... Full story
Yahoo Finance • 3 years ago
Virco Reports 8.7% Increase in First Quarter Revenue and 16.4% Increase in “Shipments + Backlog”
Shipments + Backlog Achieves New Record on May 31, 2023Revenue Growth and Greater Margins Drive Improvement Operating Loss in Seasonally Light First Quarter Declines 72.3% from $4.7 million to $1.3 million TORRANCE, Calif., June 12, 2023... Full story
Yahoo Finance • 3 years ago
Virco Reports Full Year Revenue Increased 25% to $231.1 Million, Delivering Operating Income of $10.8 Million
Market for School Furniture Continues Post-Pandemic RecoveryFull Year Gross Margin Expands to 36.9% vs. 33.0% in prior yearGross Profit Improves 40% as Revenue Growth Pushes U.S. Factories and Logistics Solidly Above Break EvenPositive Mom... Full story
Yahoo Finance • 3 years ago
Virco Reports Third Quarter Revenue Increased 35%, Driving Improved Financial Performance Across Multiple Metrics
Strong Execution by U.S. Factories and Logistics Provide Timely Delivery to Public and Private SchoolsYTD Revenue up 32.9% to $192.3 millionYTD Gross Margin Improves to 37.6% vs. 34.8% in Prior YearYTD SG&A Declines from 31.8% to 29.7%YTD... Full story
Yahoo Finance • 4 years ago
Virco Announces Preliminary Fourth Quarter and Full-Year 2022 Results
Revenue increased 119% for Fiscal Fourth Quarter, 21% for Fiscal Year Ended January 31, 2022, as Stimulus Funding Aids Recovery in School Furniture Market Order Rates Accelerated Through Year-End and Into First Quarter of fiscal year endin... Full story
