Virco Manufacturing Q1 EPS $0.13 Up From $(0.09) YoY; Net Sales $46.735M Up From $34.943M YoY
Portfolio Pulse from Benzinga Newsdesk
Virco Manufacturing reported a significant improvement in its Q1 earnings per share (EPS), which rose to $0.13 from a loss of $(0.09) year-over-year. Additionally, the company's net sales increased to $46.735 million from $34.943 million in the same period last year.
June 07, 2024 | 12:33 pm
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POSITIVE IMPACT
Virco Manufacturing's Q1 results show a significant turnaround with EPS improving to $0.13 from a loss of $(0.09) YoY and net sales increasing by 34%.
The substantial improvement in both EPS and net sales indicates strong financial performance and growth, which is likely to positively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100