TORRANCE, Calif. — Virco Mfg. Corporation, a 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 year, generating net income of $2.1 million vs. a loss of $1.4 million in the same seasonally light quarter of the prior year.
TORRANCE, Calif., June 07, 2024 — 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 year, generating net income of $2.1 million vs. a loss of $1.4 million in the same seasonally light quarter of the prior year.
TORRANCE, Calif., April 12, 2024 — 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.
The average one-year price target for Virco Manufacturing (NASDAQ:VIRC) has been revised to 12.24 / share. This is an increase of 20.00% from the prior estimate of 10.20 dated August 31, 2023.
Virco Manufacturing Corp. received a big boost in its stock price after reporting its fiscal second-quarter earnings this month.
The Torrance-based manufacturer of school desks, chairs, tables and storage products saw its share price increase by nearly 9.5% between it closing price of $4.64 on Sept. 8 and the close of $5.08 on Sept. 11, the day the company reported its financials. It then went up another 8% from the close of $5.20 on Sept. 13 to $5.62 on the following day.
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.
Today, Virco Manufacturing Corp. Inc’s (NASDAQ: VIRC) stock gained $0.04, accounting for a 1.21% increase. Virco Manufacturing. opened at $3.26 before trading between $3.64 and $3.26 throughout Monday’s session. The activity saw Virco Manufacturing.’s market cap rise to $53,486,637 on 15,637 shares -above their 30-day average of 8,722.
Virco Manufacturing Corp. (NASDAQ: VIRC) shares gained 2.5790% to end trading Wednesday at $3.58 per share – a net change of $0.09.
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Yesterday, a Director at Virco Manufacturing (VIRC), Donald Rudkin, sold shares of VIRC for $73.59K.
In addition to Donald Rudkin, 2 other VIRC executives reported Sell trades in the last month.
VIRC’s market cap is $35.04 million and the company has a P/E ratio of 44.60. Currently, Virco Manufacturing has an average volume of 16.25K. The company has a one-year high of $4.53 and a one-year low of $1.82.
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