Detail akcie Virco Mfg online

Business Summary: Virco Mfg. Corporation is engaged in designing, producing, and distributing furniture for a family of customers. The Company is a manufacturer and supplier of movable educational furniture and equipment for the preschool through 12th grade market in the United States. The Company manufactures an assortment of products, including mobile tables, mobile storage equipment, desks, technology tables, chairs, activity tables, folding chairs, and folding tables. In addition, it has also developed products for contemporary applications. These include the ZUMA Series; the Analogy and Civitas furniture collections; the Metaphor and Sage Series items for educational settings; the Plateau and Text Series, and the new Topaz Series. It also supplies furniture and equipment to colleges and universities; convention centers and arenas; the hospitality industry with respect to banquet and meeting facilities; government facilities at the federal, state, county, and municipal levels, and places of worship.
Financial Summary: BRIEF: For the nine months ended 31 October 2024, Virco Mfg Corp revenues increased 5% to $237.8M. Net income increased 13% to $27.4M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income benefited from Interest expense decrease of 79% to $530K (expense), Unrealized (gain) loss on investment in increase from $448K to $1.1M (income), Pension expense decrease of 49% to $320K (expense).