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Stock impact report

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

Virco Manufacturing Corporation (VIRC) 
US:NASDAQ Investor Relations: virco.com/investors
Company Research Source: GlobeNewswire
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 OperationsCompany Increases Quarterly Dividend to $0.025 per share, Payable October 11 to Shareholders of Record as of September 20Order Rates Remain Strong but Recent Trends Suggest Post-Pandemic Recovery May Be Slowing TORRANCE, Calif., Sept. 09, 2024 (GLOBE NEWSWIRE) -- Virco Mfg. Corporation (NASDAQ: VIRC), a leading manufacturer and supplier of movable furniture and equipment for educational environments, announced results for the Company’s Second Quarter and first six months ended July 31, 2024. For the Second Quarter, including the months of May through July, revenue increased 1.0% to $108,419,000 from $107,321,000 in the same quarter of the prior year. For the first six months, revenue was up 9.1% to $155,154,000 from $142,2 Show less Read more
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