Virco Mfg. Corporation (VIRC) Misses Q3 EPS by 9c

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Virco Reports Third Quarter Results

December 10, 2014 9:30 AM EST

Virco Mfg. Corporation (Nasdaq: VIRC) December 10, 2014

$4.6 million quarterly profit; $6.0 million YTD profit Quarterly revenue up 5.4%; YTD revenue up 2.3% Multiple indicators confirm strengthening demand for school furniture Company names Douglas Virtue President & COO

TORRANCE, Calif., Dec. 10, 2014 (GLOBE NEWSWIRE) -- Virco today announced financial results for its fiscal 2014 third quarter and YTD results for the nine months ended October 31, 2014. The third quarter includes August, which typically concludes the Company's peak season for shipments.

Revenue for the third quarter of 2014 totaled $62,652,000, an increase of 5.4% compared to last year's $59,454,000. Gross... More