Virco Mfg. Corporation Reports Third Quarter Revenue Grew 11.7%
Virco Manufacturing Corporation (VIRC)
US:NASDAQ Investor Relations:
virco.com/investors
Company Research
Source: GlobeNewswire
Third Quarter Revenue up 11.7%Revenue through 9 Months up 5.8%Higher Raw Material, Transportation Costs Continue to Pressure Operating MarginsFifth Consecutive Quarterly Dividend Affirms Stable Market, Positive Prospects TORRANCE, Calif., Dec. 14, 2018 (GLOBE NEWSWIRE) -- Virco Mfg. Corporation today announced results for its third quarter and first nine months ended October 31, 2018. Global economic trends combined with market-specific timing generated mixed results for Virco’s third quarter ended October 31, 2018. At the global level, supply-chain uncertainties and higher transportation costs had negative impacts on the Company’s operating margins. At a more local level, continued intensification of seasonality and favorable year-over-year impacts from tax law changes resulted in higher late-season revenue and improved net earnings. On balance, results and prospects are sufficiently strong that Virco’s Board of Directors declared a fifth consecutive quarterly cash dividend of
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News
- Virco (VIRC) Reports Loss for Q4 Despite Higher Net Revenues [Yahoo! Finance]Yahoo! Finance
- MULN and SES among Consumer Discretionary movers [Seeking Alpha]Seeking Alpha
- Here's Why We Think Virco Mfg (NASDAQ:VIRC) Is Well Worth Watching [Yahoo! Finance]Yahoo! Finance
- Virco Manufacturing Corporation (VIRC) Reports Q4 Loss, Tops Revenue Estimates [Yahoo! Finance]Yahoo! Finance
- Virco Reports Full Year Revenue Increased 16.5% to $269.1 million, delivering 32.4% growth in Net Income [Yahoo! Finance]Yahoo! Finance
VIRC
Analyst Actions
- 2/15/24 - TheStreet
VIRC
Sec Filings
- 4/12/24 - Form 10-K
- 4/12/24 - Form 8-K
- 4/1/24 - Form 8-K
- VIRC's page on the SEC website