Virco Mfg. Corp. nine-month revenue drops 27.0% to USD 173.5 million

Reuters

Dec 08

Virco Mfg. Corp. nine-month revenue drops 27.0% to USD 173.5 million

Virco reported a net loss of USD 1.3 million for the third quarter (Q3) ended October 31, 2025, on sales of USD 47.6 million. This compares to a net profit in the same period of the prior year. Gross profit for Q3 was USD 18.1 million, with a gross margin of 38.0%. Selling, General, and Administrative Expenses (SG&A) were USD 19.8 million, representing 41.5 percent of sales. For the nine months (9M) ended October 31, 2025, Virco posted net income of USD 9.6 million on sales of USD 173.5 million, reflecting a 27.0 percent decrease in revenue. Gross profit for the nine-month period was USD 75.0 million, with a gross margin of 43.2 percent. SG&A for 9M totaled USD 61.4 million. The company's board declared a quarterly cash dividend of USD 0.025 per share, payable January 9, 2026, to shareholders of record as of December 19, 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Virco Manufacturing Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9597998-en) on December 08, 2025, and is solely responsible for the information contained therein.

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Corp. nine-month revenue drops 27.0% to USD 173.5 million","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Virco Mfg. Corp. nine-month revenue drops 27.0% to USD 173.5 million\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Virco reported a net loss of USD 1.3 million for the third quarter (Q3) ended October 31, 2025, on sales of USD 47.6 million. This compares to a net profit in the same period of the prior year. Gross profit for Q3 was USD 18.1 million, with a gross margin of 38.0%. Selling, General, and Administrative Expenses (SG&amp;A) were USD 19.8 million, representing 41.5 percent of sales. 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Corp. nine-month revenue drops 27.0% to USD 173.5 million\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-12-08 21:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Virco Mfg. Corp. nine-month revenue drops 27.0% to USD 173.5 million\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Virco reported a net loss of USD 1.3 million for the third quarter (Q3) ended October 31, 2025, on sales of USD 47.6 million. This compares to a net profit in the same period of the prior year. Gross profit for Q3 was USD 18.1 million, with a gross margin of 38.0%. Selling, General, and Administrative Expenses (SG&amp;A) were USD 19.8 million, representing 41.5 percent of sales. For the nine months (9M) ended October 31, 2025, Virco posted net income of USD 9.6 million on sales of USD 173.5 million, reflecting a 27.0 percent decrease in revenue. Gross profit for the nine-month period was USD 75.0 million, with a gross margin of 43.2 percent. SG&amp;A for 9M totaled USD 61.4 million. The company's board declared a quarterly cash dividend of USD 0.025 per share, payable January 9, 2026, to shareholders of record as of December 19, 2025.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Virco Manufacturing Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9597998-en) on December 08, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2210150020.SGD","symbol_name":"Natixis Thematics Subscription Economy R/A SGD","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251208:nNDL3QtMXz:1","article_id":"2589355983","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2589355983","pubTimestamp":1765200631,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Virco reported a net loss of USD 1.3 million for the third quarter  ended October 31, 2025, on sales of USD 47.6 million. This compares to a net profit in the same period of the prior year. Gross profit for Q3 was USD 18.1 million, with a gross margin of 38.0%. Selling, General, and Administrative Expenses  were USD 19.8 million, representing 41.5 percent of sales. For the nine months  ended October 31, 2025, Virco posted net income of USD 9.6 million on sales of USD 173.5 million, reflecting a 27.0 percent decrease in revenue. Gross profit for the nine-month period was USD 75.0 million, with a gross margin of 43.2 percent. SG&A for 9M totaled USD 61.4 million. 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Corp. nine-month revenue drops 27.0% to USD 173.5 million\n    \n\n        Virco reported a net loss of USD 1.3 million for the third quarter (Q3) ended October 31, 2025, on sales of USD 47.6 million. This compares to a net profit in the same period of the prior year. Gross profit for Q3 was USD 18.1 million, with a gross margin of 38.0%. Selling, General, and Administrative Expenses (SG&A) were USD 19.8 million, representing 41.5 percent of sales. For the nine months (9M) ended October 31, 2025, Virco posted net income of USD 9.6 million on sales of USD 173.5 million, reflecting a 27.0 percent decrease in revenue. Gross profit for the nine-month period was USD 75.0 million, with a gross margin of 43.2 percent. SG&A for 9M totaled USD 61.4 million. The company's board declared a quarterly cash dividend of USD 0.025 per share, payable January 9, 2026, to shareholders of record as of December 19, 2025.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Virco Manufacturing Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9597998-en) on December 08, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}