Virco Mfg. Corp. (VIRC) Declares $0.015 Quarterly Dividend; 1.5% Yield

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Virco Reports Second Quarter Results, Declares Quarterly Dividend

September 14, 2018 9:30 AM EDT

Net sales up 3% for the quarter and 2% YTDOperating income declines primarily due to unrecovered material costsResults and prospects generally positive; Board declares regular dividendOrder rates remain strong; shipments + backlog up 11% YOY

TORRANCE, Calif., Sept. 14, 2018 (GLOBE NEWSWIRE) -- Virco Mfg. Corporation (Nasdaq: VIRC) today announced results for its second quarter and first six months ended July 31, 2018.     

A challenging environment of late orders, rapidly escalating raw material costs, and unexpected shifts in demand led to mixed results for... More