VirTra(VTSI)
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VirTra, Inc. (VTSI) Reports Q3 Loss, Lags Revenue Estimates
ZACKS· 2025-11-11 00:57
分组1 - VirTra, Inc. reported a quarterly loss of $0.03 per share, missing the Zacks Consensus Estimate of $0.05, and compared to earnings of $0.05 per share a year ago, representing an earnings surprise of -160.00% [1] - The company posted revenues of $5.35 million for the quarter ended September 2025, missing the Zacks Consensus Estimate by 28.48%, and down from $7.48 million year-over-year [2] - Over the last four quarters, VirTra has surpassed consensus EPS estimates just once and topped consensus revenue estimates two times [2] 分组2 - The stock has lost about 20.2% since the beginning of the year, while the S&P 500 has gained 14.4% [3] - The current consensus EPS estimate for the coming quarter is $0.08 on revenues of $8.17 million, and for the current fiscal year, it is $0.33 on revenues of $29.79 million [7] - The Zacks Industry Rank for Electronics - Military is currently in the top 38% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8]
VirTra signals near-term revenue acceleration amid $21.9M backlog and grant-driven demand recovery (NASDAQ:VTSI)
Seeking Alpha· 2025-11-11 00:02
Group 1 - The article does not provide any specific content or key points related to a company or industry [1]
Plaid Announces Stock Split
Thenewswire· 2025-11-11 00:00
Core Points - Plaid Technologies Inc. is undertaking a stock split of its common shares at a ratio of four new shares for each existing share [1][3] - The total number of issued and outstanding common shares will increase from 17,389,473 to 69,557,892 as a result of the stock split [2] - The stock split aims to enhance the liquidity and marketability of the company's shares [3] Company Overview - Plaid Technologies focuses on the development and commercialization of graphene-enhanced technology, particularly a proprietary graphene-infused concrete mixture [6] - The company is targeting applications in wellbore cement and subsurface applications, aiming to innovate in well abandonment processes [6]
VirTra(VTSI) - 2025 Q3 - Earnings Call Transcript
2025-11-10 22:30
Financial Data and Key Metrics Changes - Total revenue for Q3 2025 was $5.3 million, down from $7.5 million in the prior year period, primarily due to lower government sector revenues caused by funding delays [10] - Government revenue for Q3 was $4.1 million compared to $6.9 million in the prior year, while international revenue increased to $1.2 million from $0.4 million [10] - Gross profit for Q3 was $3.5 million, or 66% of total revenue, down from $5.5 million, or 73% in the prior year [10] - Net loss for Q3 was $0.4 million, or $0.03 per diluted share, compared to net income of $0.6 million, or $0.05 per diluted share in the prior year [12] Business Line Data and Key Metrics Changes - The STEP program remains a strong selling point, particularly for smaller agencies, driving consistent adoption and high renewal rates, contributing to recurring revenue [6] - The introduction of the V1 portable simulator is aimed at expanding the addressable market for smaller departments [7] - International revenue more than doubled compared to the same period last year, indicating growing global recognition of VirTra's training solutions [8] Market Data and Key Metrics Changes - The operating environment is affected by federal funding delays, with agency procurement cycles moving slower than normal due to budget clarity and grant awards [4] - The Department of Justice COPS Grants Program has identified agencies for funding, but announcements were delayed due to federal shutdowns [4] - Military work is progressing, with a successful demonstration of the Soldier Virtual Trainer system for the U.S. Army [8] Company Strategy and Development Direction - The company is focused on improving sales processes, products, and operations to strengthen its foundation and prepare for growth as funding resumes [15] - The recent entry into the GSA procurement cycle channel is expected to streamline sales processes and shorten delivery timelines [5] - The updated STEP program with three-year commitments enhances recurring revenue visibility and reinforces long-term customer relationships [14] Management's Comments on Operating Environment and Future Outlook - Management noted that while the operating environment is challenging due to funding delays, there is strong engagement with customers and a growing backlog of opportunities [3] - The company anticipates improved revenue conversions once grant awards and customer acceptance pick up [4] - Management expressed optimism about future growth as funding resumes and highlighted the importance of building relationships with military partners [9] Other Important Information - Cash and cash equivalents as of September 30, 2025, totaled $20.8 million, up from $18 million at the end of 2024 [13] - Backlog as of September 30, 2025, stood at $21.9 million, with $10.2 million in capital, $5.3 million in service, and $6.4 million in STEP contracts [14] Q&A Session Summary Question: Were there any multi-year deals that skewed booking results? - A booking of about $4.8 million was received at the end of the quarter, primarily from an international customer, which is expected to convert to revenue in 2026 [17] Question: How does the funding backdrop impact military prospects? - The funding shutdown affects both military and police agency businesses, with significant reliance on government funding [19] Question: Can you break down the backlog in terms of funded versus unfunded? - The backlog includes $10.2 million in capital, with conversion dependent on customer purchasing and readiness [22][24] Question: Is the company considering acquisitions or buybacks? - The company is strategically waiting for funding clarity before considering acquisitions, focusing on technologies that align with its core offerings [26] Question: What is the outlook for gross margins going forward? - Gross margins are expected to remain similar to current levels, with a potential slight decrease, aiming for a range between 60% and 65% [30]
VirTra(VTSI) - 2025 Q3 - Quarterly Results
2025-11-10 21:10
Exhibit 99.1 VirTra Reports Third Quarter and Nine Months 2025 Financial Results CHANDLER, Ariz. — November 10, 2025 — VirTra, Inc. (Nasdaq: VTSI) ("VirTra" or the "Company"), a global provider of judgmental use-of-force and firearms training simulators, reported results for the third quarter ended September 30, 2025. The financial statements are available on VirTra's website and here. Third Quarter 2025 and Recent Operational Highlights | | | | For the Three Months Ended | | | | | For the Nine Months Ended ...
VirTra(VTSI) - 2025 Q3 - Quarterly Report
2025-11-10 21:06
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2025 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____________ to ______________ Commission file number: 001-38420 VIRTRA, INC. (Exact name of registrant as specified in its charter) | Nevada | 93-1207631 | | --- | -- ...
VirTra Reports Third Quarter and Nine Months 2025 Financial Results
Globenewswire· 2025-11-10 21:05
CHANDLER, Ariz., Nov. 10, 2025 (GLOBE NEWSWIRE) -- VirTra, Inc. (Nasdaq: VTSI) (“VirTra” or the “Company”), a global provider of judgmental use-of-force and firearms training simulators, reported results for the third quarter ended September 30, 2025. The financial statements are available on VirTra’s website and here. Third Quarter 2025 and Recent Operational Highlights Bookings totaled $8.4 million in Q3 2025.Secured a $4.8 million multi-site contract to deliver law enforcement training systems in Colombi ...
VirTra Appoints Grant Barber to Advisory Board
Globenewswire· 2025-11-04 13:00
CHANDLER, Ariz., Nov. 04, 2025 (GLOBE NEWSWIRE) -- VirTra, Inc. (Nasdaq: VTSI) (“VirTra” or the “Company”), a global provider of judgmental use-of-force training simulators and firearms training systems, today announced the appointment of Grant A. Barber to its Advisory Board. Barber brings more than 35 years of international financial and operational leadership across technology, telecommunications, and industrial technology markets. Barber previously served as Executive Vice President and Chief Financial ...
VirTra, Inc. (VTSI) Stock Declines While Market Improves: Some Information for Investors
ZACKS· 2025-10-27 23:16
Group 1: Stock Performance - VirTra, Inc. (VTSI) closed at $6.03, reflecting a -3.52% change from the previous day, underperforming the S&P 500's gain of 1.23% [1] - Prior to the latest trading session, shares of VirTra had increased by 16.17%, surpassing the Aerospace sector's gain of 3.51% and the S&P 500's gain of 2.45% [1] Group 2: Earnings Projections - The upcoming EPS for VirTra is projected at $0.05, indicating stability compared to the same quarter last year, with net sales estimated at $7.48 million, unchanged from the previous year [2] - For the entire fiscal year, earnings are projected at $0.33 per share and revenue at $29.79 million, representing increases of +175% and +10.12% respectively from the prior year [3] Group 3: Analyst Forecasts - Recent revisions to analyst forecasts for VirTra are important as they reflect short-term business trends, with positive changes indicating a favorable outlook on business health and profitability [4] - The Zacks Rank system, which incorporates estimate changes, provides actionable ratings, with VirTra currently holding a Zacks Rank of 3 (Hold) [6] Group 4: Valuation Metrics - VirTra is currently trading at a Forward P/E ratio of 18.94, which aligns with the industry average, indicating no significant deviation from the group [7] - The Electronics - Military industry, part of the Aerospace sector, has a Zacks Industry Rank of 95, placing it in the top 39% of all industries [7]
VirTra Sets Third Quarter 2025 Conference Call for Monday, November 10, 2025 at 4:30 p.m. ET
Globenewswire· 2025-10-27 12:00
CHANDLER, Ariz., Oct. 27, 2025 (GLOBE NEWSWIRE) -- VirTra, Inc. (Nasdaq: VTSI) (“VirTra” or the “Company”), a global provider of judgmental use-of-force and firearms training simulators, will hold a conference call on Monday, November 10, 2025 at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the third quarter ended September 30, 2025. Financial results will be issued in a press release prior to the call. VirTra management will host the presentation, followed by a quest ...