Virco Mfg Q1 EPS $0.05 Beats $(0.13) Estimate, Sales $33.75M Miss $41.10M Estimate

Virco Mfg (NASDAQ:VIRC) reported quarterly earnings of $0.05 per share which beat the analyst consensus estimate of $(0.13) by 138.46 percent. This is a 61.54 percent decrease over earnings of $0.13 per share from the same period last year. The company reported quarterly sales of $33.75 million which missed the analyst consensus estimate of $41.10 million by 17.87 percent. This is a 27.78 percent decrease over sales of $46.73 million the same period last year.