NASDAQ$VIRC

Virco Mfg Corporation · Q2 2024 earnings

Q2 2024 earnings · · Investor relations

Briefing

VIRC Q2 2024 — $107K revenue, 0.95 EPS

Operating results for the three months and six months ended July 31, 2023 are not necessarily indicative of the results that may be expected for the fiscal year ending January 31, 2024. Virco Mfg Corporation reported Q2 2024 results. Diluted EPS came in at $0.95. Net income of $16K. Headline numbers extracted from the Form 10-Q press release; narrative is light because this row was processed without an LLM call.

  • Revenue: $107K.
  • Diluted EPS: $0.95.
  • Net income: $16K.
  • Operating income: $21K.
  • Gross profit: $49K.

Headline financials

Total Revenue

$107M

Previous: $82.8M+29.6%
EPS

$0.95

Previous: $0.95+0.0%
Capital Expenditures

-$2.8M

Previous: -$1.52M-83.4%
Free Cash Flow

$12.7M

Previous: $8.16M+56.2%
Net Income

$15.5M

Previous: $9.68M+60.5%
Operating Income

$21.3M

Previous: $11.2M+90.2%
Gross Profit

$48.6M

Previous: $31.8M+52.5%
Cash & Equivalents

$1.6M

Previous: $2.18M-26.6%
Total Assets

$204M

Previous: $166M+23.4%
Stock-Based Comp

$149K

Previous: $153K-2.6%

Revenue & EPS history

Virco · Revenue · Quarterly

$107M

Q2 2024+29.6%vs Q2 2023
Beat estimate in 6 of 13 quarters(46%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2024

Historical avgQ2 2024

+0.2%

Avg return

Earnings day

+0.4%

Avg return

5 days after

+2.7%

Avg return

30 days after

46%

28 / 61 earnings

Positive

+44.4%

Q1 2024

Best reaction

-23.2%

Q3 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025+0.3%+13.3%+7.1%
Q3 2026-6.0%-8.6%-11.8%
Q3 2025-5.8%-8.6%-11.8%
Q2 2026+1.7%-6.8%-14.1%
Q2 2025+1.7%-6.8%-14.1%
Q1 2026+2.1%-0.7%+1.1%
Q4 2024+1.8%-0.3%-11.1%
Q3 2024-23.2%-28.0%-41.4%
Q2 2024-3.1%+6.9%-1.8%
Q1 2025-1.4%-12.2%-15.3%
Q1 2024+44.4%+53.6%+19.1%
Q4 2023-9.1%-7.6%+12.0%
Q3 2023+29.0%+35.9%+77.5%
Q2 2023+11.6%+21.8%+59.7%
Q1 2023+13.7%+4.6%+10.8%
Q4 2022-4.4%-0.3%-2.1%
Q3 2022+5.7%-1.2%+19.0%
Q2 2022+8.9%+11.9%-3.5%
Q1 2022+1.2%-3.8%+3.8%
Q4 2021-4.3%-11.4%-7.4%
Q3 2021-4.6%-3.4%-3.4%
Q2 2021-0.8%+2.8%-3.7%
Q1 2021-1.9%-1.9%-0.8%
Q4 2020+7.6%+3.0%+2.3%
Q4 2019-3.7%-13.9%-4.9%
Q3 2019+2.5%+7.6%+7.1%
Q2 2019-9.4%-11.1%-6.1%
Q1 2019+2.9%+4.1%+1.7%
Q4 2018-11.7%-10.4%-8.8%
Q3 2018-6.3%-7.2%+1.6%
Q2 2018-4.9%-4.9%+2.4%
Q1 2018+1.1%+1.1%-2.0%
Q4 2017+2.5%+3.7%+13.6%
Q3 2017-4.9%-12.6%-7.8%
Q2 2017-5.0%-2.5%-9.2%
Q1 2017+8.9%+3.3%+17.8%
Q4 2016+4.5%+2.3%+2.3%
Q3 2016-4.8%-3.8%+1.5%
Q2 2016-3.9%-1.9%-1.4%
Q1 2016+10.7%+10.7%+31.2%
Q4 2015+0.0%
Q3 2015+0.3%
Q2 2015+14.0%
Q1 2015+2.7%
Q4 2014-0.7%
Q3 2014-15.0%
Q2 2014+2.6%
Q1 2014+3.7%
Q4 2013-11.5%
Q3 2013+1.0%
Q2 2013+0.9%
Q1 2013-4.6%
Q4 2012-12.9%
Q3 2012+5.0%
Q1 2012+0.0%
Q4 2010-4.7%
Q3 2011-6.4%
Q4 2011-0.5%
Q2 2012-0.5%
Q2 2011-0.5%
Q1 2011-2.2%

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