Virco reports FY revenue up 16.5% to $269.1M; net income rises to $21.9M

VIRCO MFG CORPORATION

Full year revenue $269.1M (+16.5% YoY); net income $21.9M vs $16.5M.
Gross margin improved to 43.1% from 36.9%; operating income $31.9M vs $10.6M.
Cash flow from operations $27.0M; company effectively debt-free at year end.
Ships + Backlog reached record $317.6M vs $289.6M last year.
Q4 revenue $42.6M (+9.8%); Q4 gross margin 37.7% vs 33.5%.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 1.0

VIRCO MFG CORPORATION reported fourth quarter and fiscal year ended January 31, 2024 results: revenue $269.1 million, net income $21.9 million.

Period: fourth quarter and fiscal year ended January 31, 2024
Revenue: $269.1 million
Net income: $21.9 million
Result: reported results

Exact text from the filing

Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section. --- EX-99.1 (EX-99.1) --- Virco Reports Full Year Revenue Increased 16.5% to $269.1 million, delivering 32.4% growth in Net Income. • U.S. Factories and experienced staff support broad school recovery and related demand for school furniture • Vertical control of

View on SEC.gov

1349 earnings releases filed in the last 30 days. Browse all earnings releases →

VIRCO MFG CORPORATION filing history →

Source: SEC EDGAR

accession 0001628280-24-016000

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.