Markets.News
In Torrance, California, on September 5, 2025, Virco Mfg. Corporation (NASDAQ: VIRC), a top manufacturer and direct supplier of mobile furniture and equipment for educational settings and public areas in the US, announced strong profitability for its Second Quarter and the first half of the year ending on July 31, 2025. This success comes despite a decline in demand for educational furniture and equipment. Shipments for the Second Quarter amounted to $92.1 million, a decrease from $108.4 million in the same quarter last year. The operating income for the quarter stood at $15.4 million, down from $21.9 million in the previous year.