{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-23-021826","form_type":"8-K","ticker":"VIRC","cik":"0000751365","company_name":"VIRCO MFG CORPORATION","filed_at":"2023-06-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.157803+00:00","generated_at":"2026-06-14T03:22:06.491492+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.68,"calibrated_materiality_score":0.68,"confidence":"high","headline":"Virco reports 8.7% revenue growth, operating loss down 72%; shipments+backlog hits record $167.9M","bullets":["Q1 net sales $34.9M, up 8.7% YoY; operating loss narrowed to $1.3M from $4.7M (72.3% improvement).","Shipments + backlog as of May 31 reached record $167.9M, a 16.4% increase from $144.3M year ago.","SG&A flat at $14.5M; interest expense rose to $0.7M from $0.4M due to higher rates and borrowing.","CEO cites robust recovery in education and expects a busy summer delivering record backlog."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-23-021826","json":"https://secwatch.observer/filing/0001628280-23-021826.json","markdown":"https://secwatch.observer/filing/0001628280-23-021826.md","text":"https://secwatch.observer/filing/0001628280-23-021826.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/751365/000162828023021826/0001628280-23-021826-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/751365/000162828023021826/virc-20230612.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T03:22:06.491492+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"be1f6868f249fa3e4774c0484409fb56b1bed266","claim":"VIRCO MFG CORPORATION reported the quarterly period ended April 30, 2023 (first quarter of fiscal 2024) results: revenue $34.9 million.","evidence_excerpt":"today reported financial results for the quarterly period ended April 30, 2023 (first quarter of fiscal 2024). Net Sales were $34.9 million for the first quarter of fiscal 2024, a 8.7% increase from $32.1 million for the same period of the prior fiscal year.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/751365/000162828023021826/0001628280-23-021826-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarterly period ended April 30, 2023 (first quarter of fiscal 2024)"},{"label":"Revenue","value":"$34.9 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}