as of 04-24-2026 1:03pm EST
Virco Manufacturing Corp is engaged in designing, production and distributing quality furniture for the commercial and education markets. The company manufactures an assortment of products, including mobile tables, mobile storage equipment, desks, computer furniture, chairs, and activity tables, folding chairs, and folding tables. Its primary furniture lines are constructed of tubular metal legs and frames, combined with wood and plastic tops, plastic seats and backs, upholstered seats and backs, and upholstered rigid polyethylene and polypropylene shells.
| Founded: | 1950 | Country: | United States |
| Employees: | N/A | City: | TORRANCE |
| Market Cap: | 89.5M | IPO Year: | 1995 |
| Target Price: | $7.30 | AVG Volume (30 days): | 38.5K |
| Analyst Decision: | Hold | Number of Analysts: | 1 |
| Dividend Yield: | Dividend Payout Frequency: | quarterly | |
| EPS: | 0.16 | EPS Growth: | -87.88 |
| 52 Week Low/High: | $5.16 - $9.63 | Next Earning Date: | 04-08-2026 |
| Revenue: | $199,652,000 | Revenue Growth: | -25.01% |
| Revenue Growth (this year): | -9.57% | Revenue Growth (next year): | 19.77% |
| P/E Ratio: | 37.63 | Index: | N/A |
| Free Cash Flow: | -6695000.0 | FCF Growth: | N/A |
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Director
Avg Cost/Share
$6.07
Shares
500
Total Value
$3,035.00
Owned After
119,890
SEC Form 4
Executive Vice President
Avg Cost/Share
$6.09
Shares
11,678
Total Value
$71,119.02
Owned After
877,866
SEC Form 4
CEO
Avg Cost/Share
$6.22
Shares
2,700
Total Value
$16,794.00
Owned After
501,824
Executive Vice President
Avg Cost/Share
$6.07
Shares
4,349
Total Value
$26,398.43
Owned After
877,866
SEC Form 4
Director
Avg Cost/Share
$5.63
Shares
400
Total Value
$2,252.00
Owned After
39,754
SEC Form 4
Director
Avg Cost/Share
$5.59
Shares
1,600
Total Value
$8,944.00
Owned After
39,754
SEC Form 4
CEO
Avg Cost/Share
$5.52
Shares
3,300
Total Value
$18,216.00
Owned After
501,824
SEC Form 4
| Insider | Ticker | Relationship | Date | Transaction | Avg Cost | Shares | Total Value | Owned After | SEC Forms |
|---|---|---|---|---|---|---|---|---|---|
| Lind Robert R | VIRC | Director | Apr 15, 2026 | Buy | $6.07 | 500 | $3,035.00 | 119,890 | |
| VIRTUE DOUGLAS A | VIRC | Executive Vice President | Apr 15, 2026 | Buy | $6.09 | 11,678 | $71,119.02 | 877,866 | |
| VIRTUE ROBERT A | VIRC | CEO | Apr 14, 2026 | Buy | $6.22 | 2,700 | $16,794.00 | 501,824 | |
| VIRTUE DOUGLAS A | VIRC | Executive Vice President | Apr 14, 2026 | Buy | $6.07 | 4,349 | $26,398.43 | 877,866 | |
| RICHARDSON BRADLEY C | VIRC | Director | Apr 13, 2026 | Buy | $5.63 | 400 | $2,252.00 | 39,754 | |
| RICHARDSON BRADLEY C | VIRC | Director | Apr 10, 2026 | Buy | $5.59 | 1,600 | $8,944.00 | 39,754 | |
| VIRTUE ROBERT A | VIRC | CEO | Apr 10, 2026 | Buy | $5.52 | 3,300 | $18,216.00 | 501,824 |
SEC 8-K filings with transcript text
Dec 8, 2025 · 100% conf.
1D
-2.21%
$6.76
Act: -0.22%
5D
-6.65%
$6.45
Act: -5.28%
20D
-6.07%
$6.50
Act: -6.15%
virc-202512080000751365FALSE00007513652025-12-082025-12-08
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report: December 8, 2025
(Exact name of registrant as specified in its charter)
Delaware 001-8777 95-1613718 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)
2027 Harpers Way TorranceCalifornia 90501 (Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (310) 533-0474
Not Applicable (Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class Trading Symbol(s) Name of each exchange on which registered
Common Stock, $0.01 par value per share
The Nasdaq Stock Market LLC
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter). Emerging growth company [ ]
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]
Item 2.02 - Results of Operations and Financial Condition
Item 7.01 - Regulation FD Disclosure
Item 9.01 - Financial Statements and Exhibits
Item 2.02 Results of Operations and Financial Condition.
On December 8, 2025, Virco Mfg. Corporation issued a press release announcing its financial results for the third quarter ended October 31, 2025. A copy of the press release is attached hereto as Exhibit 99.1.
In accordance with General Instruction B.2 of Form 8-K, the information in this Item 2.02 and Exhibit 99.1 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section.
Item 7.01 Regulation FD Disclosure.
On December 4, 2025, the Company’s Board of Directors declared a cash dividend for the Company’s fourth fiscal quarter of $0.025 on each outstanding share of common stock. The dividend is payable on January 9, 2026 to stockholders of record of the common stock as of the close of business on December 19, 2025. While the Company currently intends to pay future dividends on a quarterly basis, following review and approval by the Board of Directors, the declaration and payment of future dividends, as well as the amounts thereof, are subject to the discretion of the Board as well as restrictive covenants in the Company’s lending agreements. There can be no assurance that the Company will declare and pay dividends in future periods.
Item 9.01 Financial Statements and Exhibits.
Exhibit No. Description Exhibit 99.1 Press Release dated December 8, 2025
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
(Registrant)
Date: December 8, 2025/s/ Robert A. Virtue (Signature) Name: Robert A. Virtue Title: Chief Executive Officer and Chairman of the Board of Directors
Sep 5, 2025
virc-202509050000751365FALSE00007513652025-09-052025-09-05
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report: September 5, 2025
(Exact name of registrant as specified in its charter)
Delaware 001-8777 95-1613718 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)
2027 Harpers Way TorranceCalifornia 90501 (Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (310) 533-0474
Not Applicable (Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class Trading Symbol(s) Name of each exchange on which registered
Common Stock, $0.01 par value per share
The Nasdaq Stock Market LLC
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter). Emerging growth company [ ]
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]
Item 2.02 - Results of Operations and Financial Condition
Item 7.01 - Regulation FD Disclosure
Item 9.01 - Financial Statements and Exhibits
Item 2.02 Results of Operations and Financial Condition.
On September 5, 2025, Virco Mfg. Corporation issued a press release announcing its financial results for the second quarter ended July 31, 2025. A copy of the press release is attached hereto as Exhibit 99.1.
In accordance with General Instruction B.2 of Form 8-K, the information in this Item 2.02 and Exhibit 99.1 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section.
Item 7.01 Regulation FD Disclosure.
On September 2, 2025, the Company’s Board of Directors declared a cash dividend for the Company’s second fiscal quarter of $0.025 on each outstanding share of common stock. The dividend is payable on October 10, 2025 to stockholders of record of the common stock as of the close of business on September 19, 2025. While the Company currently intends to pay future dividends on a quarterly basis, following review and approval by the Board of Directors, the declaration and payment of future dividends, as well as the amounts thereof, are subject to the discretion of the Board as well as restrictive covenants in the Company’s lending agreements. There can be no assurance that the Company will declare and pay dividends in future periods.
Item 9.01 Financial Statements and Exhibits.
Exhibit No. Description Exhibit 99.1 Press Release dated September 5, 2025
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
(Registrant)
Date: September 5, 2025/s/ Robert A. Virtue (Signature) Name: Robert A. Virtue Title: Chief Executive Officer and Chairman of the Board of Directors
Jun 6, 2025
virc-202506030000751365FALSE00007513652025-06-032025-06-03
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report: June 3, 2025
(Exact name of registrant as specified in its charter)
Delaware 001-8777 95-1613718 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)
2027 Harpers Way TorranceCalifornia 90501 (Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (310) 533-0474
Not Applicable (Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class Trading Symbol(s) Name of each exchange on which registered
Common Stock, $0.01 par value per share
The Nasdaq Stock Market LLC
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter). Emerging growth company [ ]
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]
Item 2.02 - Results of Operations and Financial Condition
Item 4.01 - Changes in Registrant’s Certifying Accountant
Item 7.01 - Regulation FD Disclosure
Item 9.01 - Financial Statements and Exhibits
Item 2.02 Results of Operations and Financial Condition.
On June 6, 2025, Virco Mfg. Corporation issued a press release announcing its financial results for the first quarter ended April 30, 2025. A copy of the press release is attached hereto as Exhibit 99.1.
In accordance with General Instruction B.2 of Form 8-K, the information in this Item 2.02 and Exhibit 99.1 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section.
Item 4.01 Changes in Registrant’s Certifying Accountant
On June 3, 2025, Virco Mfg. Corporation, (the "Company") was notified that Moss Adams LLP ("Moss Adams"), the Company's independent registered public accounting firm, merged with Baker Tilly US, LLP effective on June 3, 2025. The combined audit practices operate as Baker Tilly US, LLP (“Baker Tilly”). In connection with the notification of the merger, Moss Adams has resigned as the auditors of the Company and the Audit Committee of the Company’s Board of Directors approved the appointment of Baker Tilly, as the successor to Moss Adams, as the Company’s independent registered public accounting firm.
The audit reports of Moss Adams on the Company’s consolidated financial statements for the years ended January 31, 2025 and 2024, and for each of the three-years in the period ended January 31, 2025, and internal control over financial reporting as of January 31, 2025, did not contain an adverse opinion or a disclaimer of opinion, nor were they qualified or modified as to uncertainty, audit scope or accounting principles.
During the years ended January 31, 2025, and 2024, and the subsequent interim period through June 3, 2025, there were no (a) disagreements with Moss Adams on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which, if not resolved to Moss Adams’ satisfaction, would have caused it to make reference to the subject matter of the disagreement in connection with its reports on the Company’s financial statements, or (b) reportable events requiring disclosure pursuant to Item 304(a)(1)(v) of Regulation S-K.
During the years ended January 31, 2025 and 2024, and the subsequent interim period through the date of this Current Report on Form 8-K, neither the Company, nor anyone on its behalf, consulted with Baker Tilly regarding: (i) either the application of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion that might be rendered on the Company’s financial statements; or (ii) any matter that was either the subject of a “disagreement,” as defined in Item 304(a)(1)(iv) of Regulat
Apr 14, 2025
virc-202504140000751365FALSE00007513652025-04-142025-04-14
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report: April 14, 2025
(Exact name of registrant as specified in its charter)
Delaware 001-8777 95-1613718 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)
2027 Harpers Way TorranceCalifornia 90501 (Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (310) 533-0474
Not Applicable (Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class Trading Symbol(s) Name of each exchange on which registered
Common Stock, $0.01 par value per share
The Nasdaq Stock Market LLC
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter). Emerging growth company [ ]
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]
Item 2.02 - Results of Operations and Financial Condition
Item 9.01 - Financial Statements and Exhibits
Item 2.02 Results of Operations and Financial Condition.
On April 14, 2025, Virco Mfg. Corporation issued a press release announcing its financial results for the fourth quarter and fiscal year ended January 31, 2025. A copy of the press release is attached hereto as Exhibit 99.1.
In accordance with General Instruction B.2 of Form 8-K, the information in this Item 2.02 and Exhibit 99.1 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section.
Item 9.01 Financial Statements and Exhibits.
Exhibit No. Description (d) Exhibit 99.1 Press Release dated April 14, 2025
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
(Registrant)
Date: April 14, 2025/s/ Robert A. Virtue (Signature) Name: Robert A. Virtue Title: Chief Executive Officer and Chairman of the Board of Directors
Dec 9, 2024
virc-202412090000751365FALSE00007513652024-12-092024-12-09
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report: December 9, 2024
(Exact name of registrant as specified in its charter)
Delaware 001-8777 95-1613718 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)
2027 Harpers Way TorranceCalifornia 90501 (Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (310) 533-0474
Not Applicable (Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class Trading Symbol(s) Name of each exchange on which registered
Common Stock, $0.01 par value per share
The Nasdaq Stock Market LLC
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter). Emerging growth company [ ]
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]
Item 2.02 - Results of Operations and Financial Condition
Item 7.01 - Regulation FD Disclosure
Item 9.01 - Financial Statements and Exhibits
Item 2.02 Results of Operations and Financial Condition.
On December 9, 2024, Virco Mfg. Corporation (“Virco”) issued a press release announcing its financial results for the third quarter ended October 31, 2024. A copy of the press release is attached hereto as Exhibit 99.1.
In accordance with General Instruction B.2 of Form 8-K, the information in this Item 2.02 and Exhibit 99.1 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section.
Item 7.01 Regulation FD Disclosure.
On December 5, 2024, the Company’s Board of Directors declared a cash dividend for the Company’s third fiscal quarter of $0.025 on each outstanding share of common stock. The dividend is payable on January 10, 2025 to stockholders of record of the common stock as of the close of business on December 20, 2024. While the Company currently intends to pay future dividends on a quarterly basis, following review and approval by the Board of Directors, the declaration and payment of future dividends, as well as the amounts thereof, are subject to the discretion of the Board as well as restrictive covenants in the Company’s lending agreements. There can be no assurance that the Company will declare and pay dividends in future periods.
Item 9.01 Financial Statements and Exhibits.
Exhibit No. Description (d) Exhibit 99.1 Press Release dated December 9, 2024
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
(Registrant)
Date: December 9, 2024/s/ Robert A. Virtue (Signature) Name: Robert A. Virtue Title: Chief Executive Officer and Chairman of the Board of Directors
Sep 9, 2024
virc-202409090000751365FALSE00007513652024-09-092024-09-09
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report: September 9, 2024
(Exact name of registrant as specified in its charter)
Delaware 001-8777 95-1613718 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)
2027 Harpers Way TorranceCalifornia 90501 (Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (310) 533-0474
Not Applicable (Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class Trading Symbol(s) Name of each exchange on which registered
Common Stock, $0.01 par value per share
The Nasdaq Stock Market LLC
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter). Emerging growth company [ ]
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]
Item 2.02 - Results of Operations and Financial Condition
Item 7.01 - Regulation FD Disclosure
Item 9.01 - Financial Statements and Exhibits
Item 2.02 Results of Operations and Financial Condition.
On September 9, 2024, Virco Mfg. Corporation (“Virco”) issued a press release announcing its financial results for the second quarter ended July 31, 2024. A copy of the press release is attached hereto as Exhibit 99.1.
In accordance with General Instruction B.2 of Form 8-K, the information in this Item 2.02 and Exhibit 99.1 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section.
Item 7.01 Regulation FD Disclosure.
On September 3, 2024, the Company’s Board of Directors declared a cash dividend for the Company’s third fiscal quarter of $0.025 on each outstanding share of common stock. The dividend is payable on October 11, 2024 to stockholders of record of the common stock as of the close of business on September 20, 2024. While the Company currently intends to pay future dividends on a quarterly basis, following review and approval by the Board of Directors, the declaration and payment of future dividends, as well as the amounts thereof, are subject to the discretion of the Board as well as restrictive covenants in the Company’s lending agreements. There can be no assurance that the Company will declare and pay dividends in future periods.
Item 9.01 Financial Statements and Exhibits.
Exhibit No. Description (d) Exhibit 99.1 Press Release dated September 9, 2024
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
(Registrant)
Date: September 9, 2024/s/ Robert A. Virtue (Signature) Name: Robert A. Virtue Title: Chief Executive Officer and Chairman of the Board of Directors
Jun 7, 2024
virc-202406070000751365FALSE00007513652024-06-072024-06-07
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report: June 7, 2024
(Exact name of registrant as specified in its charter)
Delaware 001-8777 95-1613718 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)
2027 Harpers Way TorranceCalifornia 90501 (Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (310) 533-0474
Not Applicable (Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class Trading Symbol(s) Name of each exchange on which registered
Common Stock, $0.01 par value per share
The Nasdaq Stock Market LLC
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter). Emerging growth company [ ]
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]
Item 2.02 - Results of Operations and Financial Condition
Item 7.01 - Regulation FD Disclosure
Item 9.01 - Financial Statements and Exhibits
Item 2.02 Results of Operations and Financial Condition.
On June 7, 2024, Virco Mfg. Corporation (“Virco”) issued a press release announcing its financial results for the first quarter ended April 30, 2024. A copy of the press release is attached hereto as Exhibit 99.1.
In accordance with General Instruction B.2 of Form 8-K, the information in this Item 2.02 and Exhibit 99.1 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section.
Item 7.01 Regulation FD Disclosure.
On June 4, 2024, the Company’s Board of Directors declared a cash dividend for the Company’s second fiscal quarter of $0.02 on each outstanding share of common stock. The dividend is payable on July 12, 2024 to stockholders of record of the common stock as of the close of business on June 21, 2024. While the Company currently intends to pay future dividends on a quarterly basis, following review and approval by the Board of Directors, the declaration and payment of future dividends, as well as the amounts thereof, are subject to the discretion of the Board as well as restrictive covenants in the Company’s lending agreements. There can be no assurance that the Company will declare and pay dividends in future periods.
Item 9.01 Financial Statements and Exhibits.
Exhibit No. Description (d) Exhibit 99.1 Press Release dated June 7, 2024
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
(Registrant)
Date: June 7, 2024/s/ Robert A. Virtue (Signature) Name: Robert A. Virtue Title: Chief Executive Officer and Chairman of the Board of Directors
Apr 12, 2024
virc-202404120000751365FALSE00007513652024-04-122024-04-12
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report: April 12, 2024
(Exact name of registrant as specified in its charter)
Delaware 001-8777 95-1613718 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)
2027 Harpers Way TorranceCalifornia 90501 (Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (310) 533-0474
Not Applicable (Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class Trading Symbol(s) Name of each exchange on which registered
Common Stock, $0.01 par value per share
The Nasdaq Stock Market LLC
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter). Emerging growth company [ ]
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]
Item 2.02 - Results of Operations and Financial Condition
Item 9.01 - Financial Statements and Exhibits
Item 2.02 Results of Operations and Financial Condition.
On April 12, 2024, Virco Mfg. Corporation issued a press release announcing its financial results for the fourth quarter and fiscal year ended January 31, 2024. A copy of the press release is attached hereto as Exhibit 99.1.
In accordance with General Instruction B.2 of Form 8-K, the information in this Item 2.02 and Exhibit 99.1 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section.
Item 9.01 Financial Statements and Exhibits.
Exhibit No. Description (d) Exhibit 99.1 Press Release dated April 12, 2024
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
(Registrant)
Date: April 12, 2024/s/ Robert A. Virtue (Signature) Name: Robert A. Virtue Title: Chief Executive Officer and Chairman of the Board of Directors
Dec 8, 2023
virc-202312080000751365FALSE00007513652023-12-082023-12-08
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report: December 8, 2023
(Exact name of registrant as specified in its charter)
Delaware 001-8777 95-1613718 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)
2027 Harpers Way TorranceCalifornia 90501 (Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (310) 533-0474
Not Applicable (Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class Trading Symbol(s) Name of each exchange on which registered
Common Stock, $0.01 par value per share
The Nasdaq Stock Market LLC
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter). Emerging growth company [ ]
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]
Item 2.02 - Results of Operations and Financial Condition
Item 7.01 - Regulation FD Disclosure
Item 9.01 - Financial Statements and Exhibits
Item 2.02 Results of Operations and Financial Condition.
On December 8, 2023, Virco Mfg. Corporation (“Virco”) issued a press release reporting its financial results for the third quarter ended October 31, 2023. A copy of the press release is attached hereto as Exhibit 99.1. The information in this Item 2.02 and the exhibit attached hereto are furnished to, but not filed with, the Securities and Exchange Commission.
Item 7.01 Regulation FD Disclosure.
On December 8, 2023, Virco Mfg. Corporation (“Virco”) issued a press release announcing that its Board of Directors declared a cash dividend for the Company’s fourth fiscal quarter of $0.02 per share on each outstanding share of common stock. The dividend is payable on January 10, 2024 to stockholders of record of the common stock as of the close of business on December 22, 2023. While the Company intends to pay future dividends on a quarterly basis, following review and approval by the Board of Directors, the declaration and payment of future dividends, as well as the amounts thereof, are subject to the discretion of the Board as well as restrictive covenants in the Company’s lending agreements. There can be no assurance that the Company will declare and pay dividends in future periods.
In addition, the Board of Directors has authorized the repurchase of up to $5,000,000 of the Company’s common stock. Repurchases may be made at management’s discretion from time to time through open market purchases, in privately negotiated transactions, or by other means, including through the use of trading plans intended to qualify under Rule 10b5-1 under the Securities Exchange Act of 1934, as amended, in accordance with applicable securities laws and other restrictions. The timing and total amount of stock repurchases will depend upon business, economic and market conditions, corporate, legal and regulatory requirements, prevailing stock prices, trading volume, and other considerations. The repurchase program has no time limit and may be suspended for periods or discontinued at any time. The Company expects to utilize its existing cash and cash equivalents to fund repurchases under the share repurchase program.
A copy of the press release is attached hereto as Exhibit 99.1. The information in this Item 7.01 and the exhibit attached hereto are furnished to, but not filed with, the Securities and Exchange Commission.
Item 9.01 Financial Statements and Exhibits.
Exhibit No. Description (d) Exhibit 99.1 Press Release dated December 8, 2023
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
(Registrant)
Date: December 8, 2023/
Sep 11, 2023
virc-202309110000751365FALSE00007513652023-09-112023-09-11
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report: September 11, 2023
(Exact name of registrant as specified in its charter)
Delaware 001-8777 95-1613718 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)
2027 Harpers Way TorranceCalifornia 90501 (Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (310) 533-0474
Not Applicable (Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class Trading Symbol(s) Name of each exchange on which registered
Common Stock, $0.01 par value per share
The Nasdaq Stock Market LLC
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter). Emerging growth company [ ]
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]
Item 2.02 - Results of Operations and Financial Condition
Item 9.01 - Financial Statements and Exhibits
Item 2.02 Results of Operations and Financial Condition.
On September 11, 2023, Virco Mfg. Corporation (“Virco”) issued a press release reporting its financial results for the second quarter ended July 31, 2023. A copy of the press release is attached hereto as Exhibit 99.1. The information in this Item 2.02 and the exhibit attached hereto are furnished to, but not filed with, the Securities and Exchange Commission.
Item 9.01 Financial Statements and Exhibits.
Exhibit No. Description (d) Exhibit 99.1 Press Release dated September 11, 2023
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
(Registrant)
Date: September 11, 2023/s/ Robert A. Virtue (Signature) Name: Robert A. Virtue Title: Chief Executive Officer and Chairman of the Board of Directors
Jun 12, 2023
virc-202306120000751365FALSE00007513652023-06-122023-06-12
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report: June 12, 2023
(Exact name of registrant as specified in its charter)
Delaware 001-8777 95-1613718 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)
2027 Harpers Way TorranceCalifornia 90501 (Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (310) 533-0474
Not Applicable (Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class Trading Symbol(s) Name of each exchange on which registered
Common Stock, $0.01 par value per share
The Nasdaq Stock Market LLC
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter). Emerging growth company [ ]
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]
Item 2.02 - Results of Operations and Financial Condition
Item 9.01 - Financial Statements and Exhibits
Item 2.02 Results of Operations and Financial Condition.
On June 12, 2023, Virco Mfg. Corporation (“Virco”) issued a press release reporting its financial results for the first quarter ended April 30, 2023. A copy of the press release is attached hereto as Exhibit 99.1. The information in this Item 2.02 and the exhibit attached hereto are furnished to, but not filed with, the Securities and Exchange Commission.
Item 9.01 Financial Statements and Exhibits.
Exhibit No. Description (d) Exhibit 99.1 Press Release dated June 12, 2023
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
(Registrant)
Date: June 12, 2023/s/ Robert A. Virtue (Signature) Name: Robert A. Virtue Title: Chief Executive Officer and Chairman of the Board of Directors
Apr 28, 2023
virc-202304280000751365FALSE00007513652023-04-282023-04-28
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report: April 28, 2023
(Exact name of registrant as specified in its charter)
Delaware 001-8777 95-1613718 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)
2027 Harpers Way TorranceCalifornia 90501 (Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (310) 533-0474
Not Applicable (Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class Trading Symbol(s) Name of each exchange on which registered
Common Stock, $0.01 par value per share
The Nasdaq Stock Market LLC
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter). Emerging growth company [ ]
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]
Item 2.02 - Results of Operations and Financial Condition
Item 9.01 - Financial Statements and Exhibits
Item 2.02 Results of Operations and Financial Condition.
On April 28, 2023, Virco Mfg. Corporation (“Virco”) issued a press release reporting its financial results for the fourth quarter and the fiscal year ended January 31, 2023. A copy of the press release is attached hereto as Exhibit 99.1. The information in this Item 2.02 and the exhibit attached hereto are furnished to, but not filed with, the Securities and Exchange Commission.
Item 9.01 Financial Statements and Exhibits.
Exhibit No. Description (d) Exhibit 99.1 Press Release dated April 28, 2023
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
(Registrant)
Date: April 28, 2023/s/ Robert A. Virtue (Signature) Name: Robert A. Virtue Title: Chief Executive Officer and Chairman of the Board of Directors
Dec 12, 2022
virc-202212060000751365FALSE1/3100007513652022-12-062022-12-06
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report: December 6, 2022
(Exact name of registrant as specified in its charter)
Delaware 001-8777 95-1613718 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)
2027 Harpers Way TorranceCalifornia 90501 (Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (310) 533-0474
Not Applicable (Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class Trading Symbol(s) Name of each exchange on which registered
Common Stock, $0.01 par value per share
The Nasdaq Stock Market LLC
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter). Emerging growth company [ ]
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]
Item 2.02 - Results of Operations and Financial Condition
Item 5.02 - Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Item 5.03 - Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.
Item 9.01 - Financial Statements and Exhibits
Item 2.02 Results of Operations and Financial Condition.
On December 12, 2022, Virco Mfg. Corporation (“Virco”) issued a press release reporting its financial results for the third quarter ended October 31, 2022. A copy of the press release is attached hereto as Exhibit 99.1. The information in this Item 2.02 and the exhibit attached hereto are furnished to, but not filed with, the Securities and Exchange Commission.
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
The Board of Directors of the Company (the “Board”) is deeply saddened to report the loss of Donald R. Rudkin, who passed away on December 3, 2022 after a brief illness. Don was a valued member of the Board, and we will greatly miss his leadership and trusted counsel. The Board of Directors would like to express their deepest condolences to Don’s family and friends during this difficult time.
Mr. Rudkin served as the Chair of the Audit Committee of the Board and as an audit committee financial expert. Robert Lind, a current director and member of the Audit Committee, has been appointed as the new Chair of the Audit Committee.
In connection with the passing of Mr. Rudkin, on December 6, 2022 the Board approved a reduction in the authorized number of directors on the Board from eight to seven persons pursuant to an amendment to Section 2.01 of the Company’s Third Amended and Restated Bylaws, and elimination of Mr. Rudkin’s Class III Board seat.
Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.
The information set forth in Item 5.02 above with respect to the Company’s Bylaws is incorporated by reference into this Item 5.03.
Item 9.01 Financial Statements and Exhibits.
Exhibit No. Description (d) Exhibit 99.1 Press Release dated December 12, 2022
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
(Registrant)
Date: December 12, 2022/s/ Robert A. Virtue (Signature) Name: Robert A. Virtue Title: Chief Executive Officer and Chairman of the Board of Directors
Sep 13, 2022
virc-202209130000751365FALSE00007513652022-09-132022-09-13
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report: September 13, 2022
(Exact name of registrant as specified in its charter)
Delaware 001-8777 95-1613718 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)
2027 Harpers Way TorranceCalifornia 90501 (Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (310) 533-0474
Not Applicable (Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class Trading Symbol(s) Name of each exchange on which registered
Common Stock, $0.01 par value per share
The Nasdaq Stock Market LLC
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter). Emerging growth company [ ]
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]
Item 2.02 - Results of Operations and Financial Condition
Item 9.01 - Financial Statements and Exhibits
Item 2.02 Results of Operations and Financial Condition.
On September 13, 2022, Virco Mfg. Corporation (“Virco”) issued a press release reporting its financial results for the second quarter ended July 31, 2022. A copy of the press release is attached hereto as Exhibit 99.1. The information in this Item 2.02 and the exhibit attached hereto are furnished to, but not filed with, the Securities and Exchange Commission.
Item 9.01 Financial Statements and Exhibits.
Exhibit No. Description (d) Exhibit 99.1 Press Release dated September 13, 2022
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
(Registrant)
Date: September 13, 2022/s/ Robert A. Virtue (Signature) Name: Robert A. Virtue Title: Chief Executive Officer and Chairman of the Board of Directors
Jun 10, 2022
virc-202206100000751365FALSE00007513652022-06-102022-06-10
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report: June 10, 2022
(Exact name of registrant as specified in its charter)
Delaware 001-8777 95-1613718 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)
2027 Harpers Way TorranceCalifornia 90501 (Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (310) 533-0474
Not Applicable (Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class Trading Symbol(s) Name of each exchange on which registered
Common Stock, $0.01 par value per share
The Nasdaq Stock Market LLC
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter). Emerging growth company [ ]
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]
Item 2.02 - Results of Operations and Financial Condition
Item 9.01 - Financial Statements and Exhibits
Item 2.02 Results of Operations and Financial Condition.
On June 10, 2022, Virco Mfg. Corporation (“Virco”) issued a press release reporting its financial results for the first quarter ended April 30, 2022. A copy of the press release is attached hereto as Exhibit 99.1. The information in this Item 2.02 and the exhibit attached hereto are furnished to, but not filed with, the Securities and Exchange Commission.
Item 9.01 Financial Statements and Exhibits.
Exhibit No. Description (d) Exhibit 99.1 Press Release dated June 10, 2022
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
(Registrant)
Date: June 10, 2022/s/ Robert A. Virtue (Signature) Name: Robert A. Virtue Title: Chief Executive Officer and Chairman of the Board of Directors
Apr 21, 2022
virc-202204150000751365false00007513652022-04-152022-04-15
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report: April 15, 2022
(Exact name of registrant as specified in its charter)
Delaware 001-8777 95-1613718 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)
2027 Harpers Way TorranceCalifornia 90501 (Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (310) 533-0474
Not Applicable (Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class Trading Symbol(s) Name of each exchange on which registered
Common Stock, $0.01 par value per share
The Nasdaq Stock Market LLC
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter). Emerging growth company [ ]
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]
Item 1.01 Entry into a Material Definitive Agreement
Item 2.02 Results of Operations and Financial Condition
Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.
Item 9.01 Financial Statements and Exhibits.
Item 1.01 Entry into a Material Definitive Agreement.
On April 15, 2022, Virco Mfg. Corporation (the “Company”) and Virco Inc., a wholly owned subsidiary of the Company (together with the Company, the “Borrowers”), entered into Amendment No. 2 to Amended and Restated Revolving Credit and Security Agreement and Limited Waiver (“Amendment No. 2”) with PNC Bank, National Association, as administrative agent and lender (the “Lender”). Amendment No. 2 amended the Amended and Restated Revolving Credit and Security Agreement, dated September 28, 2021 (the “Credit Agreement”), by and among the Lender and the Borrowers and the secured revolving line of credit provided to the Borrowers under the Credit Agreement (the “Revolving Credit Facility”) to reflect the following material changes:
i.extended the final maturity date of the Revolving Credit Facility from March 19, 2023 to April 15, 2027;
ii.increased the borrowing limit from $65,000,000 to $70,000,000 in July 2022 and August 2022, and increased the borrowing limit from $40,000,000 to $45,000,000 in October 2022;
iii.waived the Company’s violation of the covenant to maintain a fixed charge coverage ratio of at least 1.00 for the period ended January 31, 2022;
iv.for the first and second quarters of fiscal 2023, implemented a temporary year-to-date adjusted EBITDA covenant in lieu of testing the fixed charge coverage ratio covenant as of such quarters, with quarterly testing of the fixed charge coverage ratio to resume for the third fiscal quarter and thereafter;
v.permits a sale and leaseback transaction of the Company’s property at 1655 Amity Road and release of the lender’s pledge on the property, with the net proceeds available to be used for a proposed share repurchase;
vi.retired LIBOR pricing on the Revolving Credit Facility and replaced with BSBY index, with pricing tiers and spreads to remain the same;
vii.extended the P-card, ACH Credit, and ACH debit facilities for an additional year beyond their current maturities; and
viii.Borrowers to pay a $250,000 extension fee and $75,000 waiver and amendment fee, with $200,000 due at closing and $125,000 due on the first anniversary of closing.
The foregoing description of Amendment No. 2 is qualified in its entirety by the full text of Amendment No. 2, a copy of which is filed as an exhibit to this report and is incorporated by reference herein.
Item 2.02 Results of Operations and Financial Condition.
On April 21, 2022, the Company issued a press release reporting its financial results for the fourth quarter and the fiscal year ended January 31, 2022. A copy of the press release is attache
Dec 14, 2021
virc-202112130000751365FALSE00007513652021-12-132021-12-13
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report: December 13, 2021
(Exact name of registrant as specified in its charter)
Delaware 001-8777 95-1613718 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)
2027 Harpers Way TorranceCalifornia 90501 (Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (310) 533-0474
Not Applicable (Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class Trading Symbol(s) Name of each exchange on which registered
Common Stock, $0.01 par value per share
The Nasdaq Stock Market LLC
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter). Emerging growth company [ ]
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]
Item 2.02 - Results of Operations and Financial Condition
Item 9.01 - Financial Statements and Exhibits
Item 2.02 Results of Operations and Financial Condition.
On December 13, 2021, Virco Mfg. Corporation (“Virco”) issued a press release reporting its financial results for the third quarter ended October 31, 2021. A copy of the press release is attached hereto as Exhibit 99.1. The information in this Item 2.02 and the exhibit attached hereto are furnished to, but not filed with, the Securities and Exchange Commission.
Item 9.01 Financial Statements and Exhibits.
Exhibit No. Description (d) Exhibit 99.1 Press Release dated December 13, 2021
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
(Registrant)
Date: December 13, 2021/s/ Robert A. Virtue (Signature) Name: Robert A. Virtue Title: Chief Executive Officer and Chairman of the Board of Directors
Sep 14, 2021
8-K 1 a-pressreleaseq207312021fi.htm 8-K
Document
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report: September 14, 2021
(Exact name of registrant as specified in its charter)
Delaware 001-8777 95-1613718 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)
2027 Harpers Way Torrance, California 90501 (Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (310) 533-0474
Not Applicable (Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 2.02 - Results of Operations and Financial Condition
Item 9.01 - Financial Statements and Exhibits
Item 2.02 Results of Operations and Financial Condition.
On September 14, 2021, Virco Mfg. Corporation (“Virco”) issued a press release reporting its financial results for the second quarter ended July 31, 2021. A copy of the press release is attached hereto as Exhibit 99.1. The information in this Item 2.02 and the exhibit attached hereto are furnished to, but not filed with, the Securities and Exchange Commission.
Item 9.01 Financial Statements and Exhibits.
ExhibitNo. Description (d) Exhibit 99.1 Press Release dated September 14, 2021
ExhibitNo. Description (d) Exhibit 99.1 Press Release dated September 14, 2021
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
(Registrant)
Date: September 14, 2021/s/ Robert A. Virtue (Signature) Name: Robert A. Virtue Title: Chief Executive Officer and Chairman of the Board of Directors
Jun 11, 2021
8-K 1 a-pressreleaseq104302021fi.htm 8-K
Document
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report: June 11, 2021
(Exact name of registrant as specified in its charter)
Delaware 001-8777 95-1613718 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)
2027 Harpers Way Torrance, California 90501 (Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (310) 533-0474
Not Applicable (Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 2.02 - Results of Operations and Financial Condition
Item 9.01 - Financial Statements and Exhibits
Item 2.02 Results of Operations and Financial Condition.
On June 11, 2021, Virco Mfg. Corporation (“Virco”) issued a press release reporting its financial results for the first quarter ended April 30, 2021. A copy of the press release is attached hereto as Exhibit 99.1. The information in this Item 2.02 and the exhibit attached hereto are furnished to, but not filed with, the Securities and Exchange Commission.
Item 9.01 Financial Statements and Exhibits.
ExhibitNo. Description (d) Exhibit 99.1 Press Release dated June 11, 2021
ExhibitNo. Description (d) Exhibit 99.1 Press Release dated June 11, 2021
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
(Registrant)
Date: June 11, 2021/s/ Robert A. Virtue (Signature) Name: Robert A. Virtue Title: Chief Executive Officer and Chairman of the Board of Directors
Apr 28, 2021
8-K 1 a-pressreleaseq401312021fi.htm 8-K
Document
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report: April 28, 2021
(Exact name of registrant as specified in its charter)
Delaware 001-8777 95-1613718 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)
2027 Harpers Way Torrance, California 90501 (Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (310) 533-0474
Not Applicable (Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 2.02 - Results of Operations and Financial Condition
Item 9.01 - Financial Statements and Exhibits
Item 2.02 Results of Operations and Financial Condition.
On April 28, 2021, Virco Mfg. Corporation (“Virco”) issued a press release reporting its financial results for the fourth quarter and the fiscal year ended January 31, 2021. A copy of the press release is attached hereto as Exhibit 99.1. The information in this Item 2.02 and the exhibit attached hereto are furnished to, but not filed with, the Securities and Exchange Commission.
Item 9.01 Financial Statements and Exhibits.
ExhibitNo. Description (d) Exhibit 99.1 Press Release dated April 28 2021
ExhibitNo. Description (d) Exhibit 99.1 Press Release dated April 28, 2021
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
(Registrant)
Date: April 28, 2021/s/ Robert A. Virtue (Signature) Name: Robert A. Virtue Title: Chief Executive Officer and Chairman of the Board of Directors
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