Virco Mfg Corp. (VIRC) Friday reported a second-quarter profit of $7.1 million or $0.49 per share, up from $2.7 million or $0.19 per share in the year-ago quarter. Earnings were helped mainly by improved gross margins.
Revenues declined to $60.4 million from $62.8 million last year.
Cost of sales decreased to $37.5 million from $42.9 million last year.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.