---
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"
generated_at: "2026-06-14T03:22:06.491492+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.68
calibrated_materiality_score: 0.68
confidence: "high"
source: SEC EDGAR
---

# Virco reports 8.7% revenue growth, operating loss down 72%; shipments+backlog hits record $167.9M

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: positive
- materiality_score: 0.68
- calibrated_materiality_score: 0.68
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-021826
- JSON: https://secwatch.observer/filing/0001628280-23-021826.json
- Plain text: https://secwatch.observer/filing/0001628280-23-021826.txt

## Key facts
- Earnings Releases
  VIRCO MFG CORPORATION reported the quarterly period ended April 30, 2023 (first quarter of fiscal 2024) results: revenue $34.9 million.
  - Period: the quarterly period ended April 30, 2023 (first quarter of fiscal 2024)
  - Revenue: $34.9 million
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/751365/000162828023021826/0001628280-23-021826-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.