Recent 8-K filings for VIRC

• June 17, 2026, 4:38 PM ET other material materiality 0.15 neutral item 5.07 ◈ Shareholder Votes ×3

  Virco annual meeting results: directors elected, say-on-pay approved, auditor ratified

  Craig L. Levra elected with 9,338,778 votes for; Robert R. Lind with 10,734,056 votes for.

• June 3, 2026, 1:33 PM ET earnings materiality 0.70 negative item 2.02item 7.01item 9.01

  Virco posts Q1 net loss of $2.8M, revenue falls 9.1%; maintains $0.025 dividend

  Net loss of $2.8M vs net income of $0.7M a year ago; revenue $30.7M (down 9.1% from $33.8M).

• April 8, 2026, 7:59 PM ET earnings materiality 0.70 neutral item 2.02item 9.01 ◈ Earnings Releases ×2

  Virco FY2026 net income $2.6M, revenue $199.7M; Q4 operating loss $9.9M

  Full year net income $2.6M on revenue $199.7M; Q4 revenue $26.2M (-8.1% YoY), operating loss $9.9M.

• March 9, 2026, 7:59 PM ET dividend materiality 0.20 neutral item 7.01

  Virco declares $0.025 quarterly dividend for Q1 fiscal 2026

  Cash dividend of $0.025 per common share declared for first fiscal quarter.

• December 8, 2025, 6:59 PM ET earnings materiality 0.72 negative item 2.02item 7.01item 9.01

  Virco Q3 net loss of $1.3M on sales of $47.6M; nine-month revenue down 27% to $173.5M

  Q3 net loss $1.3M vs. profit $8.4M YoY; gross margin fell to 38.0% from 44.4%.

• September 5, 2025, 7:59 PM ET earnings materiality 0.65 neutral item 2.02item 7.01item 9.01

  Virco Q2 revenue down 15% to $92.1M; operating income $15.4M vs $21.9M last year

  Six-month shipments $125.8M, down 18.9% YoY; operating income $15.3M (third-best in decade).

• June 20, 2025, 7:59 PM ET leadership materiality 0.30 neutral item 5.02item 5.07

  Virco increases CFO Bassey Yau's base salary to $340,000 effective June 19, 2025

  CFO Bassey Yau's base compensation raised to $340,000 by Compensation Committee on June 19, 2025.

• June 6, 2025, 7:59 PM ET earnings materiality 0.70 negative item 2.02item 4.01item 7.01item 9.01

  Virco Q1 net income $0.7M, down 67% YoY; backlog drops 23% as school demand slows

  Net income $0.7M vs $2.1M last year; gross margin improved 400 bps to 47.5% on mix shift.

• April 14, 2025, 7:59 PM ET earnings materiality 0.70 positive item 2.02item 9.01

  Virco FY net income $21.6M, revenue $266M; cash jumps to $26.9M, shareholder returns >$5M

  FY revenue $266.2M (-1.1% YoY); net income $21.6M vs $21.9M prior.

• March 12, 2025, 7:59 PM ET leadership materiality 0.55 neutral item 5.02item 7.01

  CFO Robert Dose to retire Apr 30; Bassey Yau named successor

  CFO Robert Dose retiring after 35 years effective April 30, 2025; will remain available for consultation.

• January 21, 2025, 6:59 PM ET other material materiality 0.50 neutral item 8.01item 9.01

  Virco board authorizes $10M share repurchase program starting Feb 1, 2025

  New program allows repurchases of up to $10M of common stock; no set expiration date.

• December 9, 2024, 6:59 PM ET earnings materiality 0.60 neutral item 2.02item 7.01item 9.01

  Virco Q3 revenue down slightly to $82.6M; net income $8.4M vs $10.2M YoY

  Q3 revenue $82.62M vs $84.25M last year; nine-month revenue up 5% to $237.8M.

• September 9, 2024, 7:59 PM ET earnings materiality 0.75 positive item 2.02item 7.01item 9.01

  Virco Q2 revenue $108.4M (+1% YoY); operating margin 20.2%; YTD EPS record $1.16; dividend raised

  Revenue $108.4M (+1% YoY); first-half revenue $155.2M (+9.1%). Gross margin improved to 46.3% from 45.3%.

• July 24, 2024, 7:59 PM ET other material materiality 0.60 neutral item 1.01item 2.03item 9.01

  Virco enters 65-month lease extension for Torrance HQ facility through Sep 2030

  Lease with Starboard Distribution Center for 559,000 sq ft; term May 1, 2025 to Sep 30, 2030 plus one 5-year option.

• June 20, 2024, 7:59 PM ET other materiality 0.15 neutral item 5.07

  Virco shareholders elect all three Class II director nominees at 2024 annual meeting

  Robert A. Virtue re-elected with 11,479,734 votes for, 151,753 withheld.

• June 7, 2024, 7:59 PM ET earnings materiality 0.75 positive item 2.02item 7.01item 9.01

  Virco Q1 revenue $46.7M (+33.7%), net income $2.1M vs loss; declares $0.02 dividend

  Revenue increased 33.7% to $46.7M; net income of $2.1M vs a loss of $1.4M in prior-year Q1.

• April 12, 2024, 7:59 PM ET earnings materiality 0.75 positive item 2.02item 9.01 ◈ Earnings Releases

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

  Full year revenue $269.1M (+16.5% YoY); net income $21.9M vs $16.5M.

• April 1, 2024, 7:59 PM ET other material materiality 0.75 positive item 7.01item 9.01

  Virco reports record Shipments+Backlog of $317.6M for FY2024; cash flow and net income also hit 20-year highs

  Shipments plus Backlog (non-GAAP) reached all-time company record of $317.6M as of Jan 31, 2024.

• February 27, 2024, 6:59 PM ET dividend materiality 0.40 positive item 7.01item 9.01

  Virco declares $0.02 per share Q1 cash dividend, restoring regular quarterly payout

  Board declared $0.02 per share cash dividend for Q1 fiscal 2025, payable April 10, 2024 to holders of record March 7, 2024.

• December 8, 2023, 6:59 PM ET earnings materiality 0.75 positive item 2.02item 7.01item 9.01 ◈ Earnings Releases

  Virco reports Q3 net income $10.16M (+29%); revenue $84.25M; reinstates dividend, $5M buyback

  Q3 sales $84.25M (+9% YoY); gross margin 45.4% vs 39.8% LY; operating income $14.71M (+67.1%).

• September 11, 2023, 7:59 PM ET earnings materiality 0.70 positive item 2.02item 9.01 ◈ Earnings Releases ×2

  Virco Q2 revenue jumps 30% to $107M; operating income nearly doubles to $21.3M

  Q2 revenue $107.3M (+30% YoY); operating income $21.3M vs $11.2M.

• June 29, 2023, 7:59 PM ET other material materiality 0.10 neutral item 7.01item 9.01

  Virco Mfg. releases investor presentation; financial details not disclosed

  Virco Mfg. furnished an investor presentation dated June 29, 2023, for current and prospective investors.

• June 22, 2023, 7:59 PM ET other material materiality 0.15 neutral item 5.07 ◈ Shareholder Votes ×5

  Virco announces stockholder voting results at 2023 annual meeting

  Directors elected: Levra (8M for), Lind (8.3M for), Richardson (9M for) to serve until 2026/2025.

• June 12, 2023, 7:59 PM ET earnings materiality 0.68 positive item 2.02item 9.01 ◈ Earnings Releases

  Virco reports 8.7% revenue growth, operating loss down 72%; shipments+backlog hits record $167.9M

  Q1 net sales $34.9M, up 8.7% YoY; operating loss narrowed to $1.3M from $4.7M (72.3% improvement).

• May 24, 2023, 7:59 PM ET other materiality 0.35 neutral item 5.02item 9.01

  Virco amends 2019 equity plan to remove tax gross-ups, add clawback provisions

  Board approved amendment and restatement of 2019 Omnibus Equity Incentive Plan effective May 19, 2023.

• May 22, 2023, 7:59 PM ET debt materiality 0.55 neutral item 1.01item 2.03item 9.01 ◈ Debt Financings◈ Material Agreements

  Virco secures $72.5M seasonal credit line increase; inventory sublimit raised to $35M

  Revolving credit facility increased to $72.5M during June-August 2023 to support peak borrowing.

• April 28, 2023, 7:59 PM ET earnings materiality 0.80 positive item 2.02item 9.01 ◈ Earnings Releases ×2

  Virco reports FY 2023 revenue up 25% to $231.1M; operating income of $10.8M vs loss year ago

  FY 2023 net sales $231.1M (+25% YoY from $184.8M); gross margin expanded to 36.9% from 33.0%.

• December 12, 2022, 6:59 PM ET other materiality 0.15 neutral item 7.01item 9.01

  Virco Mfg. furnishes investor presentation; no new financial details disclosed

  Company prepared a December 2022 investor presentation for current and prospective investors.

• December 12, 2022, 6:59 PM ET earnings materiality 0.85 positive item 2.02item 5.02item 5.03item 9.01 ◈ Earnings Releases ×2◈ Governance Changes

  Virco Q3 revenue up 35% to $77.4M, net income $7.9M; director Rudkin passes away

  Q3 net revenue $77.4M, +35% YoY; net income $7.9M vs $1.3M.

• October 5, 2022, 7:59 PM ET other material materiality 0.40 neutral item 4.01item 9.01

  Virco dismisses Deloitte, appoints Moss Adams as auditor after non-ratification at annual meeting

  Audit Committee dismissed Deloitte & Touche effective Oct 5, 2022, and selected Moss Adams for FY ending Jan 31, 2023.

• September 13, 2022, 7:59 PM ET earnings materiality 0.85 positive item 2.02item 9.01

  Virco Q2 EPS $0.60 vs $0.24 YoY; revenue +40% to $82.8M

  Net sales $82.8M, up 40.3% from $59.0M; net income $9.7M ($0.60 diluted EPS) vs $3.8M ($0.24).

• June 29, 2022, 7:59 PM ET other materiality 0.15 negative item 5.07

  Virco shareholders reject equity plan amendment and auditor ratification at annual meeting

  Douglas A. Virtue elected Class III director with 9,678,244 votes for; Donald R. Rudkin elected with 3,241,409 for.

• June 10, 2022, 7:59 PM ET earnings materiality 0.70 positive item 2.02item 9.01

  Virco Q1 revenue up 13% to $32.1M; backlog hits record $144.4M; net loss widens to $0.32/sh

  Net sales $32.1M (+13% YoY); net loss $5.1M ($0.32/sh) vs $3.9M loss ($0.25/sh) prior year.

• April 21, 2022, 7:59 PM ET earnings materiality 0.70 neutral item 1.01item 2.02item 2.03item 9.01

  Virco Q4 revenue +119% to $40.1M but pre-tax loss $5.2M; record backlog; credit facility extended

  Preliminary Q4 net sales $40.1M (+119% YoY); FY net sales $184.8M (+21% YoY).

• December 14, 2021, 6:59 PM ET earnings materiality 0.75 negative item 2.02item 9.01

  Virco Q3 net income down 70% to $0.08 EPS; record backlog $45.1M but margins squeezed

  Q3 net sales $57.3M flat YoY; net income $1.3M ($0.08 diluted) vs $4.5M ($0.28) last year.

• October 1, 2021, 7:59 PM ET other material materiality 0.65 positive item 1.01item 2.03item 7.01item 9.01

  Virco amends credit facility, restores ability to pay dividends and buy back stock

  New credit agreement with PNC Bank provides $65M revolving credit facility, maturing March 2023.

• September 14, 2021, 7:59 PM ET earnings materiality 0.70 positive item 2.02item 9.01

  Virco posts Q2 net income up 5.8% to $3.8M; record backlog of $59.6M

  Q2 net sales $59.0M, slight decline from $59.5M YoY; gross margin 37.8% vs 39.0%.

Earnings & guidance

Materiality & sentiment trend

Max materiality 0.85 · Median 0.68 · Most common event earnings

15 positive 5 negative 17 neutral

source · VIRC on sec.gov