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Virco Q4 Loss Wider-Than-Expected, Sales Miss Estimates, Stock Down
VIRCVirco(VIRC) ZACKS·2025-04-16 01:30

Virco Manufacturing Corporation’s (VIRC) shares tumbled 2.6% during Monday’s trading hours after it reported an adjusted loss in the fourth quarter of fiscal 2024 (ended Jan. 31, 2025), with the net sales missing the Zacks Consensus Estimate. On a year-over-year basis, the top and the bottom lines declined.The quarter’s performance was primarily hurt by the return of unfavorable weather conditions, resulting in lower volumes, and the ongoing uncertainties in the global trade market. Furthermore, the ongoing ...