Virco Mfg Q3 EPS $0.62 Up From $0.48 YoY, Sales $84.25M Up From $77.39M YoY
Portfolio Pulse from Benzinga Newsdesk
Virco Mfg. (VIRC) reported a 29.17% increase in Q3 EPS to $0.62, up from $0.48 YoY, and an 8.86% increase in sales to $84.25M, up from $77.39M YoY.
December 08, 2023 | 12:04 pm
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POSITIVE IMPACT
Virco Mfg. reported a significant increase in Q3 earnings and sales compared to the same period last year, indicating strong financial performance.
The reported increase in both earnings per share and sales reflects positively on Virco Mfg.'s financial health and operational efficiency. This performance is likely to instill investor confidence and could lead to a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100