earnings
confidence high
sentiment positive
materiality 0.75
Virco Q1 revenue $46.7M (+33.7%), net income $2.1M vs loss; declares $0.02 dividend
VIRCO MFG CORPORATION
2025-Q1 EPS
reported $0.13
vs consensus -$0.15
▲ beat
(+185.0%)
- Revenue increased 33.7% to $46.7M; net income of $2.1M vs a loss of $1.4M in prior-year Q1.
- Gross margin expanded to 43.5% from 37.8% on higher factory output and stable raw material costs.
- Board declared quarterly dividend of $0.02/share, payable July 12, 2024 to holders of record June 21, 2024.
- Completed $1.5M in share repurchases; remaining authorization of $3.5M.
- Revolver borrowings dropped to $2.7M from $30.1M; stockholders' equity rose 37.3% to $91.6M.