Virco Mfg. Corporation engages in the design, production, and distribution of furniture for the commercial and education markets in the United States. It offers seating products, including 4-leg chairs, cantilever chairs, tablet arm chairs with work surfaces and compact footprints, steel-frame rockers, stools, series chairs, stack and folding chairs, hard plastic seating, upholstered stack and ergonomic chairs, and plastic stack chairs. The company also provides folding, activity, office, computer, and mobile tables; and computer furniture, such as keyboard mouse trays, CPU holders, support columns, desks and workstations, specialty tables, instructor media stations and towers, and other products. In addition, it offers chair desks, combo units, and tablet arm and caster units, as well as a returns and credenzas. Additionally, the company provides administrative office furniture, including desks, returns, bookcases, storage cabinets, and other items, as well as wardrobe tower cabinets, file credenzas, and mobile pedestals; laboratory furniture comprising steel-based science tables, table bases, lab stools, and wood-frame science tables; mobile furniture, including mobile tables for cafeterias, mobile cabinets, and mobile chairs for school settings and offices; and handling and storage equipment, as well as manufactures stackable storage trucks. It serves educational institutions, convention centers and arenas, hospitality providers, government facilities, and places of worship through its sales and support teams, and dealer network. Virco Mfg. Corporation was founded in 1950 and is headquartered in Torrance, California.
IPO Year:
Exchange: NASDAQ
Website: virco.com
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4 - VIRCO MFG CORPORATION (0000751365) (Issuer)
4 - VIRCO MFG CORPORATION (0000751365) (Issuer)
4 - VIRCO MFG CORPORATION (0000751365) (Issuer)
4 - VIRCO MFG CORPORATION (0000751365) (Issuer)
4 - VIRCO MFG CORPORATION (0000751365) (Issuer)
4 - VIRCO MFG CORPORATION (0000751365) (Issuer)
4 - VIRCO MFG CORPORATION (0000751365) (Issuer)
4 - VIRCO MFG CORPORATION (0000751365) (Issuer)
4 - VIRCO MFG CORPORATION (0000751365) (Issuer)
4 - VIRCO MFG CORPORATION (0000751365) (Issuer)
10-Q - VIRCO MFG CORPORATION (0000751365) (Filer)
8-K - VIRCO MFG CORPORATION (0000751365) (Filer)
8-K - VIRCO MFG CORPORATION (0000751365) (Filer)
11-K - VIRCO MFG CORPORATION (0000751365) (Filer)
8-K - VIRCO MFG CORPORATION (0000751365) (Filer)
8-K - VIRCO MFG CORPORATION (0000751365) (Filer)
10-Q - VIRCO MFG CORPORATION (0000751365) (Filer)
10-K - VIRCO MFG CORPORATION (0000751365) (Filer)
8-K - VIRCO MFG CORPORATION (0000751365) (Filer)
8-K - VIRCO MFG CORPORATION (0000751365) (Filer)
EPS Improves 9.5% in Quarter, 33.3% YTD to Record $1.16 per ShareOperating Income reaches 20.2% in Second Quarter; 16.0% YTDCompany is Effectively Debt Free; Growth is being Financed by Cash Flow from OperationsCompany Increases Quarterly Dividend to $0.025 per share, Payable October 11 to Shareholders of Record as of September 20Order Rates Remain Strong but Recent Trends Suggest Post-Pandemic Recovery May Be Slowing TORRANCE, Calif., Sept. 09, 2024 (GLOBE NEWSWIRE) -- Virco Mfg. Corporation (NASDAQ:VIRC), a leading manufacturer and supplier of movable furniture and equipment for educational environments, announced results for the Company's Second Quarter and fi
Seasonally Light Quarter Swings to Profit on Strong Shipments, Steady MarginsBoard Declares Quarterly Dividend of $0.02 per Share, payable July 12, 2024 to Shareholders of Record as of June 21, 2024Company Completes First Round of Open Market Share Repurchases Totaling $1.5 million; Current Authorization Includes Additional $3.5 Million for Future Repurchases TORRANCE, Calif., June 07, 2024 (GLOBE NEWSWIRE) -- Virco Mfg. Corporation (NASDAQ:VIRC), the leading manufacturer and supplier of movable furniture and equipment for educational environments in the United States, announced shipments for the First Quarter ended April 30, 2024, grew 33.7% compared to the same quarter in the prior y
U.S. Factories and experienced staff support broad school recovery and related demand for school furnitureVertical control of order-to-cash cycle generates strong operating and financial efficiencies, with most metrics at historic highs Net Income reaches $21.9 million vs. $16.5 million in prior yearFull Year Gross Margin expands to 43.1% vs. 36.9% in prior yearCash flow from operations reaches $27.0 million vs. $(3.8 million) in prior year due to combined operating income and balancing of post-pandemic inventoriesForward indicator of "Shipments plus Backlog" reaches record $317.6 million vs. $289.6 million last yearCompany is effectively debt-free at year end TORRANCE, Calif., A
TORRANCE, Calif., April 01, 2024 (GLOBE NEWSWIRE) -- Virco Mfg. Corporation (NASDAQ:VIRC) (the "Company"), the nation's largest manufacturer and supplier of educational furniture and equipment, today issued an update of its investor presentation, highlighting the Company's strong recovery following pandemic-related school closures. The investor update is available on the Company's website at www.virco.com. The investor presentation includes preliminary, unaudited financial results for the Company's Fiscal Year Ended January 31, 2024. Included in these figures is Management's preferred forward-looking indicator of business velocity: "Shipments plus Backlog," a non-GAAP measure of actual y
TORRANCE, Calif., Feb. 27, 2024 (GLOBE NEWSWIRE) -- Virco Mfg. Corporation (NASDAQ:VIRC), the largest manufacturer and supplier of movable furniture and equipment for educational environments in the United States, declared a cash dividend for the first quarter of fiscal 2025 of $0.02 per share of common stock, payable on April 10, 2024 to shareholders of record as of March 7, 2024. The Company is currently in the closing process for its fiscal year ended January 31, 2024. After reviewing preliminary results for the year, Virco's Board of Directors declared the dividend based on the Company's expected continued strong performance. Commenting on the dividend and Virco's progress, Chairman
Net Income increased 29% on 9% Growth in Sales compared to prior yearCompany Declares Regular Quarterly DividendBoard Authorizes $5 Million Share Repurchase TORRANCE, Calif., Dec. 08, 2023 (GLOBE NEWSWIRE) -- Virco Mfg. Corporation (NASDAQ:VIRC) reported financial results for the third quarter ended October 31, 2023, as well as the reinstatement of a quarterly dividend of $0.02 per share and a $5,000,000 open market share repurchase program. For the third quarter ended October 31, 2023, sales increased to $84,252,000 compared to $77,395,000 in the same period of the prior year. Gross margin improved to 45.4% from 39.8%. SG&A as a percent of sales decreased
Exemplary Performance by U.S. Factories and Delivery Teams convert record backlog to on-time deliveries for Back-to-SchoolYear-to Date Revenue up 24% to $142 millionYear-to-Date Operating Income improves to $20 million TORRANCE, Calif., Sept. 11, 2023 (GLOBE NEWSWIRE) -- Virco Mfg. Corporation (NASDAQ:VIRC), the largest manufacturer and supplier of movable furniture and equipment for educational environments in the United States, today reported financial results for the quarterly period ended July 31, 2023 (second quarter of fiscal 2024). Virco Mfg. Corporation today reported that revenue for the second quarter ended July 31 grew 30% YOY from $82,797,000 to $107,321,000 as the Company's
Shipments + Backlog Achieves New Record on May 31, 2023Revenue Growth and Greater Margins Drive Improvement Operating Loss in Seasonally Light First Quarter Declines 72.3% from $4.7 million to $1.3 million TORRANCE, Calif., June 12, 2023 (GLOBE NEWSWIRE) -- Virco Mfg. Corporation (NASDAQ:VIRC), the largest manufacturer and supplier of movable furniture and equipment for educational environments in the United States, today reported financial results for the quarterly period ended April 30, 2023 (first quarter of fiscal 2024). Net Sales were $34.9 million for the first quarter of fiscal 2024, an 8.7% increase from $32.1 million for the same period of the prior fiscal year. Operating Loss
Market for School Furniture Continues Post-Pandemic RecoveryFull Year Gross Margin Expands to 36.9% vs. 33.0% in prior yearGross Profit Improves 40% as Revenue Growth Pushes U.S. Factories and Logistics Solidly Above Break EvenPositive Momentum Continues into 2023 with Strong Order Flows and Record Backlog TORRANCE, Calif., April 28, 2023 (GLOBE NEWSWIRE) -- Virco Mfg. Corporation (NASDAQ:VIRC) reported today that net sales for the Company's fiscal year ended January 31, 2023 increased 25.0% to $231.1 million compared to $184.8 million in the prior year. The Company's revenue and operating margins have now returned to profitable levels following major market disruptions from the pandemic
Strong Execution by U.S. Factories and Logistics Provide Timely Delivery to Public and Private SchoolsYTD Revenue up 32.9% to $192.3 millionYTD Gross Margin Improves to 37.6% vs. 34.8% in Prior YearYTD SG&A Declines from 31.8% to 29.7%YTD Operating Income Up Over 3X, from $4.3 million to $15.2 millionCompany Releases Updated Investor Presentation and Corporate Governance Guidelines at www.virco.com TORRANCE, Calif., Dec. 12, 2022 (GLOBE NEWSWIRE) -- Virco Mfg. Corporation (NASDAQ:VIRC) reported today that net revenue for the Company's third quarter ended October 31, 2022 increased 35.0% to $77.4 million compared to $57.3 million in the same period of the prior year. While last y
EPS Improves 9.5% in Quarter, 33.3% YTD to Record $1.16 per ShareOperating Income reaches 20.2% in Second Quarter; 16.0% YTDCompany is Effectively Debt Free; Growth is being Financed by Cash Flow from OperationsCompany Increases Quarterly Dividend to $0.025 per share, Payable October 11 to Shareholders of Record as of September 20Order Rates Remain Strong but Recent Trends Suggest Post-Pandemic Recovery May Be Slowing TORRANCE, Calif., Sept. 09, 2024 (GLOBE NEWSWIRE) -- Virco Mfg. Corporation (NASDAQ:VIRC), a leading manufacturer and supplier of movable furniture and equipment for educational environments, announced results for the Company's Second Quarter and fi
Seasonally Light Quarter Swings to Profit on Strong Shipments, Steady MarginsBoard Declares Quarterly Dividend of $0.02 per Share, payable July 12, 2024 to Shareholders of Record as of June 21, 2024Company Completes First Round of Open Market Share Repurchases Totaling $1.5 million; Current Authorization Includes Additional $3.5 Million for Future Repurchases TORRANCE, Calif., June 07, 2024 (GLOBE NEWSWIRE) -- Virco Mfg. Corporation (NASDAQ:VIRC), the leading manufacturer and supplier of movable furniture and equipment for educational environments in the United States, announced shipments for the First Quarter ended April 30, 2024, grew 33.7% compared to the same quarter in the prior y
U.S. Factories and experienced staff support broad school recovery and related demand for school furnitureVertical control of order-to-cash cycle generates strong operating and financial efficiencies, with most metrics at historic highs Net Income reaches $21.9 million vs. $16.5 million in prior yearFull Year Gross Margin expands to 43.1% vs. 36.9% in prior yearCash flow from operations reaches $27.0 million vs. $(3.8 million) in prior year due to combined operating income and balancing of post-pandemic inventoriesForward indicator of "Shipments plus Backlog" reaches record $317.6 million vs. $289.6 million last yearCompany is effectively debt-free at year end TORRANCE, Calif., A
TORRANCE, Calif., Feb. 27, 2024 (GLOBE NEWSWIRE) -- Virco Mfg. Corporation (NASDAQ:VIRC), the largest manufacturer and supplier of movable furniture and equipment for educational environments in the United States, declared a cash dividend for the first quarter of fiscal 2025 of $0.02 per share of common stock, payable on April 10, 2024 to shareholders of record as of March 7, 2024. The Company is currently in the closing process for its fiscal year ended January 31, 2024. After reviewing preliminary results for the year, Virco's Board of Directors declared the dividend based on the Company's expected continued strong performance. Commenting on the dividend and Virco's progress, Chairman
Net Income increased 29% on 9% Growth in Sales compared to prior yearCompany Declares Regular Quarterly DividendBoard Authorizes $5 Million Share Repurchase TORRANCE, Calif., Dec. 08, 2023 (GLOBE NEWSWIRE) -- Virco Mfg. Corporation (NASDAQ:VIRC) reported financial results for the third quarter ended October 31, 2023, as well as the reinstatement of a quarterly dividend of $0.02 per share and a $5,000,000 open market share repurchase program. For the third quarter ended October 31, 2023, sales increased to $84,252,000 compared to $77,395,000 in the same period of the prior year. Gross margin improved to 45.4% from 39.8%. SG&A as a percent of sales decreased
TORRANCE, Calif., Oct. 01, 2021 (GLOBE NEWSWIRE) -- Virco Mfg. Corporation (NASDAQ:VIRC), the largest manufacturer and supplier of movable furniture and equipment to the education market in the United States, today announced that it has signed an amendment and restatement of its existing credit facility that restores its ability to resume shareholder distributions. All other material terms and conditions of the credit facility remain in effect including the maturity date of March 19, 2023. Robert Virtue, Chairman and CEO of Virco, said, "The restoration of our ability to resume shareholder distributions reflects the positive trends that we are experiencing in the business and the strength
SC 13G/A - VIRCO MFG CORPORATION (0000751365) (Subject)
SC 13G/A - VIRCO MFG CORPORATION (0000751365) (Subject)
SC 13G/A - VIRCO MFG CORPORATION (0000751365) (Subject)
SC 13G/A - VIRCO MFG CORPORATION (0000751365) (Subject)
SC 13G/A - VIRCO MFG CORPORATION (0000751365) (Subject)
Navidea Biopharmaceuticals, Inc. (NYSE:NAVB) ("Navidea" or the "Company"), a company focused on the development of precision immunodiagnostic agents and immunotherapeutics, today announced the appointment of Thomas Forest Farb-Horch and Agnieszka Winkler to its Board of Directors, effective October 7, 2021, each with a three-year term ending concurrently with the Company's 2024 annual stockholders' meeting. Thomas Forest Farb-Horch has over three decades of experience as an investor in and senior executive of numerous life science and information technology companies both in the U.S. and internationally. Mr. Farb has served as the Chief Executive Officer, President, co-founder and director
Wedbush analyst Jay McCanless maintains Virco Mfg (NASDAQ:VIRC) with a Outperform and raises the price target from $16 to $19.
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Virco Mfg. Corporation (NASDAQ:VIRC), the leading manufacturer and supplier of moveable furniture and equipment for educational environments in the United States, today reported financial results for the fourth quarter and full fiscal year ended January 31, 2024.Net revenue for the full year ended January 31, 2024 increased 16.5% to $269.1 million from $231.1 million in the prior year. For the seasonally light fourth quarter, revenue increased 9.8% to $42.6 million from $38.8 million.For the full year, the Company's domestically-based vertical business model continued to support timely delivery of highly seasonal school furniture, approximately 50% of which is installed during the summer mon
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