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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...
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Virco Amends Credit Facility to Allow for Shareholder Distributions
October 01, 2021 09:30 ET | Virco Mfg. Corporation
TORRANCE, Calif., Oct. 01, 2021 (GLOBE NEWSWIRE) -- Virco Mfg. Corporation (Nasdaq: VIRC), the largest manufacturer and supplier of movable furniture and equipment to the education market in the...
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Virco Reports 5.8% Increase in Net Income for Second Quarter and Record Backlog
September 14, 2021 09:30 ET | Virco Mfg. Corporation
Highlights: Stimulus funding driving substantial increase in spending on furniture and equipment for schools$60 million backlog represents a record level for Virco and nearly 200% higher vs....
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Virco Reports First Quarter Results
June 11, 2021 09:30 ET | Virco Mfg. Corporation
Net Sales Grew 59%Market for School Furniture in Strong RecoveryForward Indicator of Shipments + Backlog at Three-Year HighU.S. Factories, Vertical Model Deliver Superior On-Time Customer Service,...
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Virco Reports Results for Fourth Quarter and Year-Ended January 31, 2021
April 28, 2021 09:30 ET | Virco Mfg. Corporation
Company generates modest operating income despite 21% decline in revenue due to COVID-19;Management avoided layoffs during pandemic and looks forward to recovery; YTD Fiscal 2022 Shipments + order...
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Virco Reports Third Quarter Results
December 14, 2020 18:00 ET | Virco Mfg. Corporation
TORRANCE, Calif., Dec. 14, 2020 (GLOBE NEWSWIRE) -- Virco Mfg. Corporation (NASDAQ: VIRC) today reported its financial results for the third fiscal quarter ended October 31, 2020.  Net sales and...
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Virco Announces Second Quarter Results
September 14, 2020 18:33 ET | Virco Mfg. Corporation
Company maintains safe and successful operations through the pandemicSchool closures drive revenue declines in second quarter and year-to-dateOperating results turn positive in August with strong...
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Virco Reports First Quarter Results
June 12, 2020 09:30 ET | Virco Mfg. Corporation
Early Season Business Activity Down 12-15%Order Rates and Deliveries Stabilize in Early JuneBalance Sheet and Cash Availability Remain Strong TORRANCE, Calif., June 12, 2020 (GLOBE...
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Virco Reports Improved Profitability for Fiscal Quarter and Year-Ended January 31, 2020
April 30, 2020 09:30 ET | Virco Mfg. Corporation
Operating income more than doubles on modestly lower revenueDomestic factories and warehouses yield improved efficienciesOrder activity remains stable TORRANCE, Calif., April 30, 2020 (GLOBE...