{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-23-041135","form_type":"8-K","ticker":"VIRC","cik":"0000751365","company_name":"VIRCO MFG CORPORATION","filed_at":"2023-12-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.949505+00:00","generated_at":"2026-06-07T15:51:24.490719+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Virco reports Q3 net income $10.16M (+29%); revenue $84.25M; reinstates dividend, $5M buyback","bullets":["Q3 sales $84.25M (+9% YoY); gross margin 45.4% vs 39.8% LY; operating income $14.71M (+67.1%).","Net income $10.16M, up 29% from $7.88M in prior-year quarter.","Reinstated quarterly dividend of $0.02/share, payable Jan 10, 2024 to holders of record Dec 22, 2023.","Board authorized $5M open-market share repurchase program; no time limit, at management's discretion.","YTD sales $226.5M (+17.8%); YTD operating income $34.65M (more than doubled from $15.23M)."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-23-041135","json":"https://secwatch.observer/filing/0001628280-23-041135.json","markdown":"https://secwatch.observer/filing/0001628280-23-041135.md","text":"https://secwatch.observer/filing/0001628280-23-041135.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/751365/000162828023041135/0001628280-23-041135-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/751365/000162828023041135/virc-20231208.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T15:51:24.490719+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":"d57da8d4241f4394ff56c88d6d17225bd3b120ee","claim":"VIRCO MFG CORPORATION reported third quarter ended October 31, 2023 results: revenue $84,252,000, net income $10,160,000.","evidence_excerpt":"reinstatement of a quarterly dividend of $0.02 per share and a $5,000,000 open market share repurchase program. For the third quarter ended October 31, 2023, sales increased to $84,252,000 compared to $77,395,000 in the same period of the prior year. Gross margin improved to 45.4% from 39.8%. SG&A as a percent of sales decreased slightly to 27.9% versus 28.4% in the","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/751365/000162828023041135/0001628280-23-041135-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter ended October 31, 2023"},{"label":"Revenue","value":"$84,252,000"},{"label":"Net income","value":"$10,160,000"},{"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"}