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VirTra Inc (VTSI)
NASDAQ:VTSI
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Earnings Data
Report Date
Mar 27, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.04Last Year’s EPS
0.25Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 13, 2018
|% Change Since: 2.71%
|Next Earnings Date:Aug 13, 2018
Earnings Call Sentiment|Neutral
The earnings call presents a mixed outlook with strong bookings growth and improved gross margins, alongside challenges such as a decline in government revenue and overall revenue for the year. While strategic initiatives like the V-XR platform introduction and international expansion show promise, there are significant concerns around net income decline and delays in product delivery.Company Guidance
During VirTra's Q3 2024 earnings call, CEO John Givens outlined several key performance metrics and strategic initiatives. The company reported revenues of $7.5 million, reflecting a 23% increase from the previous quarter, and bookings rose significantly to $8.9 million, marking a 51% increase from Q2 2024. Gross margins improved to 73%, up from 71% in Q3 2023, indicating enhanced operational efficiencies. The introduction of the V-XR platform has been well-received, with initial customer orders being accepted, although deliveries were slightly delayed. International revenues doubled to $0.4 million, and government revenue was slightly lower at $6.9 million, affected by earlier booking delays. Alanna Boudreau, CFO, highlighted a backlog of $15.2 million and unrestricted cash of $19.7 million, underscoring a strong financial position. The company remains focused on expanding its international reseller network and facilitating federal grant acquisitions for customers.Significant Increase in Q3 Bookings
Bookings rose to $8.9 million, up 51% from Q2 2024 and 22% from Q3 2023, indicating strong sales momentum.
Improved Gross Margins
Gross margins improved to 73% in Q3 2024 from 71% in Q3 2023, showcasing operational efficiencies.
V-XR Platform Introduction
The rollout of the V-XR platform, with strong early reception, opens new markets in health care, education, and event management.
International Expansion
Increased international revenue to $0.4 million from $0.2 million in 2023, with expectations for continued growth.
Strategic Board Appointments
Appointment of experienced leaders to the Board of Directors strengthens governance and aligns with military and law enforcement training initiatives.
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VTSI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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VTSI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 12, 2024 | $6.65 | $8.17 | +22.86% |
| Aug 12, 2024 | $7.38 | $7.04 | -4.61% |
| May 14, 2024 | $16.41 | $11.51 | -29.86% |
| Apr 01, 2024 | $9.54 | $13.14 | +37.74% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does VirTra Inc (VTSI) report earnings?
VirTra Inc (VTSI) is schdueled to report earning on Mar 27, 2025, TBA Not Confirmed.
What is VirTra Inc (VTSI) earnings time?
VirTra Inc (VTSI) earnings time is at Mar 27, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is VTSI EPS forecast?
VTSI EPS forecast for the fiscal quarter 2024 (Q4) is 0.04.
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