Virco Manufacturing Reports Strong Earnings Amid 75th Anniversary
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Virco Manufacturing Corporation (VIRC) reported strong Q4 earnings as it celebrates its 75th anniversary. For the fiscal year ending January 31, 2025, the company achieved a net income of $21.6 million and operating cash flow of $33 million, despite a slight revenue decline to $266 million. Shareholder equity increased by 20% to $109 million. Management remains optimistic about future growth, focusing on domestic manufacturing and the educational sector, while acknowledging challenges like rising input costs and funding uncertainties.
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