Virco Reports Third Quarter Results: Robust Balance Sheet and Strengthening Cash Flows as School Furniture Market Returns to pre-Pandemic Seasonal Patterns
December 09, 2024 08:30 ET
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Virco Mfg. Corporation
Capital Efficiencies ImprovedGrowth and Shareholder Returns Funded by Operating Cash FlowsQuarterly Dividend of $0.025 per Share DeclaredTraditional Seasonality Returns to Shipments, Orders, Backlog ...
Virco Reports Improved Financial Position Following Record Second Quarter and First Half Results
September 09, 2024 08:30 ET
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Virco Mfg. Corporation
EPS Improves 9.5% in Quarter, 33.3% YTD to Record $1.16 per ShareOperating Income reaches 20.2% in Second Quarter; 16.0% YTDCompany is Effectively Debt Free; Growth is being Financed by Cash Flow from...
Virco Reports 33.7% Increase in First Quarter Revenue; Net Income of $2.1 million; Declares Regular Quarterly Dividend
June 07, 2024 08:30 ET
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Virco Mfg. Corporation
Seasonally Light Quarter Swings to Profit on Strong Shipments, Steady MarginsBoard Declares Quarterly Dividend of $0.02 per Share, payable July 12, 2024 to Shareholders of Record as of June 21,...
Virco Reports Full Year Revenue Increased 16.5% to $269.1 million, delivering 32.4% growth in Net Income
April 12, 2024 09:00 ET
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Virco Mfg. Corporation
U.S. Factories and experienced staff support broad school recovery and related demand for school furnitureVertical control of order-to-cash cycle generates strong operating and financial efficiencies,...
Virco Issues Updated Investor Presentation
April 01, 2024 08:30 ET
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Virco Mfg. Corporation
TORRANCE, Calif., April 01, 2024 (GLOBE NEWSWIRE) -- Virco Mfg. Corporation (NASDAQ: VIRC) (the “Company”), the nation’s largest manufacturer and supplier of educational furniture and equipment,...
Virco Announces First Quarter Cash Dividend
February 27, 2024 08:00 ET
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Virco Mfg. Corporation
TORRANCE, Calif., Feb. 27, 2024 (GLOBE NEWSWIRE) -- Virco Mfg. Corporation (NASDAQ: VIRC), the largest manufacturer and supplier of movable furniture and equipment for educational environments in...
Virco Reports Record 3rd Quarter and YTD Results
December 08, 2023 07:00 ET
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Virco Mfg. Corporation
Net Income increased 29% on 9% Growth in Sales compared to prior yearCompany Declares Regular Quarterly DividendBoard Authorizes $5 Million Share Repurchase TORRANCE, Calif., Dec. ...
Virco Operating Income Nearly Doubles as Second Quarter Revenue Jumps 30%
September 11, 2023 08:30 ET
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Virco Mfg. Corporation
Exemplary Performance by U.S. Factories and Delivery Teams convert record backlog to on-time deliveries for Back-to-SchoolYear-to Date Revenue up 24% to $142 millionYear-to-Date Operating Income...
Virco Reports 8.7% Increase in First Quarter Revenue and 16.4% Increase in “Shipments + Backlog”
June 12, 2023 07:30 ET
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Virco Mfg. Corporation
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...
Virco Reports Full Year Revenue Increased 25% to $231.1 Million, Delivering Operating Income of $10.8 Million
April 28, 2023 09:30 ET
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Virco Mfg. Corporation
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...