{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-26-040123","form_type":"8-K","ticker":"VIRC","cik":"0000751365","company_name":"VIRCO MFG CORPORATION","filed_at":"2026-06-03T17:33:11+00:00","discovered_at":"2026-06-03T17:34:00.264043+00:00","generated_at":"2026-06-03T17:34:13.994439+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Virco posts Q1 net loss of $2.8M, revenue falls 9.1%; maintains $0.025 dividend","bullets":["Net loss of $2.8M vs net income of $0.7M a year ago; revenue $30.7M (down 9.1% from $33.8M).","Gross margin declined to 41.4% from 47.5% due to lower factory output and overhead absorption.","Shipments plus backlog slipped 1.8% to $103.7M; incoming orders roughly flat year-over-year.","Quarterly dividend of $0.025/share declared, payable July 10, 2026, to holders of record June 19, 2026.","Cash on hand rose to $3.7M from $0.9M; $0.2M in buybacks and $0.4M in dividends returned to shareholders."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-26-040123","json":"https://secwatch.observer/filing/0001628280-26-040123.json","markdown":"https://secwatch.observer/filing/0001628280-26-040123.md","text":"https://secwatch.observer/filing/0001628280-26-040123.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/751365/000162828026040123/0001628280-26-040123-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/751365/000162828026040123/virc-20260603.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T17:34:13.994439+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}