Virco Mfg. Corporation reported earnings results for the third quarter and nine months ended October 31, 2023. For the third quarter, the company reported sales was USD 84.25 million compared to USD 77.4 million a year ago. Net income was USD 10.16 million compared to USD 7.88 million a year ago. Basic earnings per share from continuing operations was USD 0.62 compared to USD 0.49 a year ago. Diluted earnings per share from continuing operations was USD 0.62 compared to USD 0.48 a year ago.
For the nine months, sales was USD 226.52 million compared to USD 192.28 million a year ago. Net income was USD 24.25 million compared to USD 12.47 million a year ago. Basic earnings per share from continuing operations was USD 1.49 compared to USD 0.77 a year ago. Diluted earnings per share from continuing operations was USD 1.48 compared to USD 0.77 a year ago.