VirTra reports record Q2 revenue $10.3M (+29% YoY); net income $1.0M

VirTra, Inc

2023-Q2 EPS reported $0.36 revenue$20,363,838

Q2 2023 revenue $10.3M (record), up 29% YoY from $8.0M; net income $1.0M vs $0.8M.
Diluted EPS $0.09 (Q2) and $0.36 (H1), up from $0.07 and $0.13 YoY.
H1 2023 revenue $20.4M (+38% YoY); net income $4.0M vs $1.4M; gross margin 63%.
Adjusted EBITDA Q2 $2.56M and H1 $6.55M, both more than double prior year.
Cash and equivalents $13.3M at June 30, 2023; backlog $16.4M at end of Q2.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

VirTra, Inc reported second quarter and first half ended June 30, 2023 results: revenue $10.3 million for Q2, $20.4 million for H1, net income $1.0 million for Q2, $4.0 million for H1, EPS Q2 diluted EPS $0.09, H1 diluted EPS $0.36.

Period: second quarter and first half ended June 30, 2023
Revenue: $10.3 million for Q2, $20.4 million for H1
Net income: $1.0 million for Q2, $4.0 million for H1
EPS: Q2 diluted EPS $0.09, H1 diluted EPS $0.36
Result: reported results

Exact text from the filing

under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing. --- EX-99.1 () --- EX-99.1 2 ex99-1.htm Exhibit 99.1 VirTra Reports Second Quarter and First Half 2023 Financial Results Record Quarterly and First Half Revenue of $10 Million and $20 Million, Up 29% and 38%

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Source: SEC EDGAR

accession 0001493152-23-028456

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