Virco Reports $700,000 First Quarter Profit as Demand for School Furniture Slows

Shipments plus Backlog declines 22.9% to $105.6 millionGross Margin Improves 400 Basis Points to 47.5% vs. 43.5% LY Reinforcing Company’s Long-Standing Commitment to Domestic ManufacturingBoard Declares Quarterly Dividend of$ 0.025 per Share, payable July 11, 2025 to Shareholders of Record as of June 20, 2025First quarter shareholder returns reach $4.4 million, including buybacks and dividends TORRANCE, Calif., June 06, 2025 (GLOBE NEWSWIRE) -- Virco Mfg. Corporation (NASDAQ: VIRC), a leading manufacturer a ...