Virco Manufacturing Reports Q1 GAAP Loss of $0.18, Revenue Drops to $30.69M
Virco Manufacturing (VIRC) reported a first-quarter loss per share of -$0.18 with revenue declining year-over-year by -9.1% to $30.69 million. The company also experienced a drop in shipments and backlog, along with reduced gross margin compared to the prior year.
Topics: dividend_announcement financial_results shareholder_returns