Virco Manufacturing Corporation

Virco Mfg. Corporation designs, produces, and distributes furniture in the United States and Canada. Its product range includes seating such as chairs, stools, and rockers; tables including activity, folding, office, and technology tables; desks and workstations; administrative office furniture; laboratory furniture; mobile furniture; and storage equipment. The company serves educational institutions, convention centers, hospitality providers, government facilities, and places of worship through its sales teams and dealer network. Founded in 1950, it is headquartered in Torrance, California.

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Virco Manufacturing Q2 EPS and Revenue Beat Estimates

Virco Manufacturing reported second-quarter GAAP earnings of $0.55 per share, beating analyst estimates by $0.48, while revenue came in at $87.47 million, a 5.0% decline year-over-year but still $15.37 million above expectations. The company's results were announced in a press release, highlighting the revenue decline over the first six months to $118.2 million from $125.8 million in the prior-year period.

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