Virco Mfg Q3 EPS $(0.08) Misses $0.47 Estimate, Sales $47.636M Miss $85.900M Estimate

Virco Mfg (NASDAQ:VIRC) reported quarterly losses of $(0.08) per share which missed the analyst consensus estimate of $0.47 by 117.02 percent. This is a 115.38 percent decrease over earnings of $0.52 per share from the same period last year. The company reported quarterly sales of $47.636 million which missed the analyst consensus estimate of $85.900 million by 44.54 percent. This is a 42.34 percent decrease over sales of $82.620 million the same period last year.