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AI brief of an SEC Form 8-K · VIRCO MFG CORPORATION (VIRC)

Virco Reports $2.8 Million Q1 Net Loss as Sales Fell 9.1% to $30.7 Million

Negative Impact 3 of 5 earnings Written later

Virco Mfg. Corporation reported a first-quarter net loss of $2.8 million for the quarter ended April 30, 2026, compared with net income of $0.7 million a year earlier, as net sales fell 9.1% to $30.7 million. The company said the decline reflects lower shipments after the prior year's backlog overhang ended, and it declared a $0.025 per share quarterly dividend.

Key points

  • Net sales were $30.7 million, down 9.1% from $33.8 million a year earlier.
  • Net loss was $2.8 million, or $0.18 per share, versus net income of $0.7 million, or $0.05 per share, last year.
  • Gross margin declined to 41.4% from 47.5%.
  • Quarterly dividend of $0.025 per share is payable July 10, 2026 to holders of record as of June 19, 2026.

The filing

CompanyVIRCO MFG CORPORATION (VIRC)
Form8-K, current report
Filed with the SECJun 3, 2026, 1:33 PM ET
Accession number0001628280-26-040123

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on June 03, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.