Tag: Virco

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Virco Reports Second Quarter Results

Revenue flat for the quarter but down 2% through six months Gross margin steady at 39%; operating income down 5% due to slightly higher G&A “August as the New September”?  Revenue through August (inclusive of full summer shipping season) up 1% YOY TORRANCE, Calif., Sept. 14, 2016 (GLOBE NEWSWIRE) — Virco (Nasdaq:VIRC) today announced second quarter and YTD financial results for the period ended July 31, 2016.  The Company also provided preliminary revenue figures for the month of August 2016, which from a technical reporting standpoint falls within the Company’s third quarter concluding October 31, 2016.  Because August is part

Energy

Virco Reports Second Quarter Results

Revenue flat for the quarter but down 2% through six months Gross margin steady at 39%; operating income down 5% due to slightly higher G&A “August as the New September”?  Revenue through August (inclusive of full summer shipping season) up 1% YOY TORRANCE, Calif., Sept. 14, 2016 (GLOBE NEWSWIRE) — Virco (Nasdaq:VIRC) today announced second quarter and YTD financial results for the period ended July 31, 2016.  The Company also provided preliminary revenue figures for the month of August 2016, which from a technical reporting standpoint falls within the Company’s third quarter concluding October 31, 2016.  Because August is part