Latest News and Press Releases

Want to stay updated on the latest news?

Sign into Reader Account Create Reader Account

December 08, 2025 08:30 ET | Source: Virco Mfg. Corporation

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...
September 05, 2025 08:30 ET | Source: Virco Mfg. Corporation

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...
June 06, 2025 08:30 ET | Source: Virco Mfg. Corporation

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...
April 14, 2025 08:30 ET | Source: Virco Mfg. Corporation

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...
January 21, 2025 08:30 ET | Source: Virco Mfg. Corporation

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...
December 09, 2024 08:30 ET | Source: Virco Mfg. Corporation

Virco Reports Third Quarter Results: Robust Balance Sheet and Strengthening Cash Flows as School Furniture Market Returns to pre-Pandemic Seasonal Patterns

Capital Efficiencies ImprovedGrowth and Shareholder Returns Funded by Operating Cash FlowsQuarterly Dividend of $0.025 per Share DeclaredTraditional Seasonality Returns to Shipments, Orders, Backlog ...
September 09, 2024 08:30 ET | Source: Virco Mfg. Corporation

Virco Reports Improved Financial Position Following Record Second Quarter and First Half Results

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...
June 07, 2024 08:30 ET | Source: Virco Mfg. Corporation

Virco Reports 33.7% Increase in First Quarter Revenue; Net Income of $2.1 million; Declares Regular Quarterly Dividend

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,...
April 12, 2024 09:00 ET | Source: Virco Mfg. Corporation

Virco Reports Full Year Revenue Increased 16.5% to $269.1 million, delivering 32.4% growth in Net Income

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,...
April 01, 2024 08:30 ET | Source: Virco Mfg. Corporation

Virco Issues Updated Investor Presentation

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,...