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Virco Announces First Quarter Cash Dividend
February 27, 2024 08:00 ET | 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...
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Virco Reports Record 3rd Quarter and YTD Results
December 08, 2023 07:00 ET | 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. ...
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Virco Operating Income Nearly Doubles as Second Quarter Revenue Jumps 30%
September 11, 2023 08:30 ET | 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...
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Virco Reports 8.7% Increase in First Quarter Revenue and 16.4% Increase in “Shipments + Backlog”
June 12, 2023 07:30 ET | 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...
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Virco Reports Full Year Revenue Increased 25% to $231.1 Million, Delivering Operating Income of $10.8 Million
April 28, 2023 09:30 ET | 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...
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Virco Reports Third Quarter Revenue Increased 35%, Driving Improved Financial Performance Across Multiple Metrics
December 12, 2022 07:30 ET | Virco Mfg. Corporation
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...
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Virco Reports $0.60 EPS for Second Quarter Driven by 40% Increase in Revenue as U.S. Factories Provide Timely Support for School Reopenings
September 13, 2022 09:30 ET | Virco Mfg. Corporation
HIGHLIGHTS: SIGNIFICANT INCREASE IN REVENUE RESULTS IN HIGHER GROSS MARGIN, IMPROVED OPERATING LEVERAGE, AND INCREASED PROFITABILITYBACKLOG CONTINUES TO PROVIDE STRONG VISIBILITY ON CONTINUED...
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Virco Reports 13% Increase in First Quarter Revenue; Competitive Advantages of Domestic Factories and U.S. School Furniture Market Lead to Record Orders and Backlog
June 10, 2022 09:30 ET | Virco Mfg. Corporation
Highlights: Shipments + Backlog at May 31, 2022 Reaches $144.4 Million, 20% Higher Than Previous Record of $120.2 Million Established Prior to China’s Entry to The World Trade Organization (WTO)U.S....
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Virco Announces Preliminary Fourth Quarter and Full-Year 2022 Results
April 21, 2022 09:30 ET | Virco Mfg. Corporation
Revenue increased 119% for Fiscal Fourth Quarter, 21% for Fiscal Year Ended January 31, 2022, as Stimulus Funding Aids Recovery in School Furniture MarketOrder Rates Accelerated Through Year-End and...
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Virco Reports $0.08 Per Share Net Income for Fiscal Third Quarter, 7.6% Increase in Revenue through Nine Months, and Record Backlog
December 13, 2021 09:30 ET | Virco Mfg. Corporation
Highlights: Stimulus funding continues to drive high order ratesMaterial shortages and higher input costs impact third quarter net sales and gross marginOutput and shipments accelerating into...