Virco Reports Improved Financial Position Following Record Second Quarter and First Half Results

EPS Improves 9.5% in Quarter, 33.3% YTD to Record $1.16 per Share Operating Income reaches 20.2% in Second Quarter; 16.0% YTD Company is Effectively Debt Free; Growth is being Financed by Cash Flow from Operations Company Increases Quarterly Dividend to $0.025 per share, Payable October 11 to Shareholders of Record as of September 20 Order Rates Remain Strong but Recent Trends Suggest Post-Pandemic Recovery May Be Slowing TORRANCE, Calif., Sept. 09, 2024 (GLOBE NEWSWIRE) -- Virco Mfg. Corporation (NASDAQ: V ...