Virco Mfg. Corp. (VIRC) Declares $0.015 Quarterly Dividend; 1.2% Yield

Go back to Virco Mfg. Corp. (VIRC) Declares $0.015 Quarterly Dividend; 1.2% Yield

Virco Announces Third Quarter Results and Resumption of Quarterly Dividend

December 14, 2017 10:46 AM EST

Revenue up 1.5% for Quarter and 9.8% YTDGains in Market Share Offset by Lower MarginsPositive Operating Trends and Outlook Support Resumption of Cash Dividend

TORRANCE, Calif., Dec. 14, 2017 (GLOBE NEWSWIRE) -- Virco Mfg. Corporation (NASDAQ: VIRC) today announced third quarter and YTD results for the period ended October 31, 2017, as well as the resumption of a quarterly cash dividend of $0.015 per share, payable January 10, 2018 to shareholders of record as of December 28, 2017.

For the third quarter inclusive of August, September, and October, revenue increased 1.5% to $68,794,000 from $67,795,000 the prior... More