secwatch.observer — SEC 8-K summary
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Issuer:     VIRCO MFG CORPORATION (VIRC)
CIK:        0000751365
Form:       8-K
Filed at:   2025-12-08T23:59:59+00:00
Accession:  0001628280-25-055828
Event type: earnings
Sentiment:  negative
Materiality: 0.72
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Virco Q3 net loss of $1.3M on sales of $47.6M; nine-month revenue down 27% to $173.5M
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- Q3 net loss $1.3M vs. profit $8.4M YoY; gross margin fell to 38.0% from 44.4%.
- Nine-month net income $9.6M on sales $173.5M, down from $27.4M on $237.8M YoY.
- Backlog nearly even YoY; Shipments Plus Backlog declined 25% to $199M.
- Board declares $0.025 quarterly dividend payable Jan 9, 2026 to Dec 19 holders.
- Management cites expiration of ESSER funds and cautious school admin as key headwinds.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/751365/000162828025055828/0001628280-25-055828-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/751365/000162828025055828/virc-20251208.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-055828

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer