Virco Reports Revenue through Six Months Declined 6.1% to $118.2 Million from $125.8 Million, as Rebalancing of School Furniture Market Continues
Virco Mfg. reported six-month revenue of $118.2 million, down 6.1% from $125.8 million a year earlier, reflecting continued rebalancing in the school furniture market. Second-quarter operating income of $10.5 million remained above the long-term average, and the board declared a quarterly dividend of $0.025 per share payable October 9, 2026.
Why it matters — This provides VIRC watchers with the latest financial results and dividend confirmation, showing how the ongoing market rebalancing is affecting revenue while operating income and margins remain relatively healthy.