Latest news with #V-XR
Yahoo
3 days ago
- Business
- Yahoo
VirTra Stock Set to Release Q2 Earnings: What's in Store?
VirTra Inc. (VTSI) is set to release second-quarter 2025 results on Aug. 11, 2025, after market close. The company delivered a trailing four-quarter average earnings surprise of 198.93%. Let's discuss the factors that are likely to be reflected in the upcoming quarterly results. Factors to Note Ahead of VTSI's Q2 Earnings Revenues earned from higher sales of simulators and accessories, along with design & prototyping, can be expected to have boosted VTSI's second-quarter top-line performance. VirTra, Inc. Price and EPS Surprise VirTra, Inc. price-eps-surprise | VirTra, Inc. Quote Also, the successful delivery of the company's V-XR extended reality platform, anticipated in the April-June 2025 quarter, is likely to have contributed favorably to its quarterly revenues. In addition, VirTra's steady use of AI tools to accelerate content development must have enabled it to generate higher volumes of certified training faster than ever before, thereby attracting more customers and bolstering its operational results. However, slower bookings witnessed by the company in recent quarters, due to delays in federal budget disbursements and a more cautious demand environment across the law enforcement and defense sectors, might have hurt both revenues and earnings in the soon-to-be-reported quarter. On the cost side, VTSI can be expected to have witnessed a decrease in cost of sales, caused by greater operational efficiencies, along with reduced operating expenses, thanks to its efforts to lower overhead costs. This, along with solid revenue growth expectations, must have contributed favorably to its second-quarter bottom line. However, ongoing IVAS program development and initial V-XR production runs might have added upfront costs, weighing on its profitability and thereby earnings. Q2 Expectations for VTSI The Zacks Consensus Estimate for revenues is pegged at $6.38 million, indicating a 5.1% rise from the year-ago quarter's reported figure. The Zacks Consensus Estimate for earnings is pegged at 3 cents per share, which indicates a decline of 72.7% from the prior-year reported figure. What the Zacks Model Unveils for VTSI Our proven model does not conclusively predict an earnings beat for VirTra this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is not the case here, as you will see below. Earnings ESP: VTSI has an Earnings ESP of 0.00%. You can uncover the best stocks before they're reported with our Earnings ESP Filter. Zacks Rank: Currently, VirTra carries a Zacks Rank of 3. You can see the complete list of today's Zacks #1 Rank stocks here. Stocks to Consider Below, we have mentioned players from the same sector that have the right combination of elements to beat on earnings this reporting cycle. Archer Aviation (ACHR) is set to report second-quarter 2025 earnings on Aug. 11, 2025, after market close. It has an Earnings ESP of +2.70% and a Zacks Rank of 3 at present. The Zacks Consensus Estimate for ACHR's earnings is pegged at a loss of 19 cents per share, indicating a year-over-year improvement from a loss of 24 cents. Heico Corp. (HEI) is set to report fiscal third-quarter 2025 results soon. It has an Earnings ESP of +1.16% and a Zacks Rank of 2 at present. The Zacks Consensus Estimate for HEI's earnings is pegged at $1.12 per share, indicating year-over-year growth of 15.5%. The consensus estimate for sales is pegged at $1.1 billion, indicating year-over-year growth of 12.2%. CAE (CAE) is set to report fiscal first-quarter 2026 results on Aug. 13, 2025, before market open. It has an Earnings ESP of +0.46% and a Zacks Rank of 3 at present. The Zacks Consensus Estimate for CAE's earnings is pegged at 15 cents per share. The consensus estimate for sales is pegged at $810.1 million, indicating year-over-year growth of 3.4%. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report CAE Inc (CAE) : Free Stock Analysis Report Heico Corporation (HEI) : Free Stock Analysis Report VirTra, Inc. (VTSI) : Free Stock Analysis Report Archer Aviation Inc. (ACHR) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Business Insider
13-05-2025
- Business
- Business Insider
VirTra reports Q1 EPS 11c vs. 4c last year
Reports Q1 revenue $7.2M vs. $7.3M last year. The company states: 'First quarter bookings totaled $6.4 million, a strong increase from $2.9 million in Q1 2024 and contributing to $33.4 million in bookings over the last twelve months, reflecting continued traction despite persistent federal funding uncertainty, including delayed disbursements and continuing resolutions. Backlog totaled $21.2 million as of March 31, 2025, including $9.9 million in Capital, $5.8 million in Service, and $5.5 million in STEP contracts.' VirTra (VTSI) CEO John Givens stated, 'We started 2025 with improved operational execution and a solid backlog foundation, though bookings moderated quarter-over-quarter due to delays in federal budget disbursements, standard seasonality, and a more cautious demand environment across the law enforcement and defense sectors. These dynamics have reinforced the importance of programs like STEP, which provide affordable, recurring access to immersive training systems even when procurement cycles slow down. Our development efforts related to the U.S. Army's IVAS program also advanced during the quarter, including expanded recoil kit validation and reliability testing, which are key steps as we prepare for a potential transition into the production phase. Alongside this, demand for our V-XR platform continues to build, with the first delivery expected in Q2 and additional units already in process. With more focused sales and marketing functions, we're engaging priority agencies more directly and improving conversion across channels. As part of this effort, we reentered the General Services Administration procurement program in Q1 with standardized product bundles, enabling eligible agencies to purchase directly from a federal catalog and reducing friction in the purchasing process. VirTra is positioned to convert opportunity into growth in the quarters ahead. Our focus remains on disciplined execution and aligning closely with the evolving training needs of our customers.'
Yahoo
28-03-2025
- Business
- Yahoo
VirTra Inc (VTSI) Q4 2024 Earnings Call Highlights: Navigating Challenges with Strategic Growth ...
Q4 Revenue: $5.4 million, down from $10.9 million in the prior year period. Full Year 2024 Revenue: $26.4 million, compared to $38.8 million in 2023. Q4 Bookings: $12.2 million, a 37% sequential increase from Q3 2024. Full Year 2024 Bookings: $29.6 million, a decline of $4.2 million year-over-year. Q4 Gross Profit: $3.7 million or 69% of total revenue. Full Year 2024 Gross Profit: $19.4 million or 74% of total revenue. Q4 Net Operating Expense: $4.2 million, a 13% increase from the prior year period. Full Year 2024 Net Operating Expense: $17.4 million, compared to $17 million in 2023. Q4 Net Loss: $0.9 million or negative $0.08 per diluted share. Full Year 2024 Net Income: $1.4 million or $0.12 per diluted share. Full Year 2024 Adjusted EBITDA: $2.9 million, compared to $12.4 million in 2023. Cash and Cash Equivalents: $18 million as of December 31, 2024. Backlog as of December 31, 2024: $22 million. Warning! GuruFocus has detected 5 Warning Signs with VTSI. Release Date: March 27, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. VirTra Inc (NASDAQ:VTSI) achieved sequential bookings growth in every quarter of 2024, indicating a strong recovery in demand and sales execution. The company closed the year with a $22 million backlog, positioning it well for revenue conversion as market conditions stabilize. VirTra Inc (NASDAQ:VTSI) secured international contracts, expanding its presence in Europe and Latin America, and recorded its first V-XR platform sale in Canada. The company has significantly expanded its scenario catalog and leveraged AI efficiencies to accelerate content production, enhancing its leadership in immersive training. VirTra Inc (NASDAQ:VTSI) completed the final development phase for the US Army's Integrated Visual Augmentation System (IVAS) program ahead of schedule, marking a significant milestone. Total revenue for the fourth quarter was $5.4 million, a significant decrease from $10.9 million in the prior year period, due to federal budget delays and grant distribution pauses. For the full year 2024, revenue was $26.4 million compared to $38.8 million in 2023, reflecting a challenging funding environment. Net operating expense for the fourth quarter increased by 13% from the prior year period, driven by investments in personnel and expanded sales and marketing efforts. The company reported a net loss of $0.9 million for the fourth quarter, compared to net income of $3.5 million in the same period of 2023. Federal grant disbursement delays have impacted near-term order conversion timing, creating uncertainty in revenue recognition. Q: Given the challenging funding environment, how long do you expect this softness to last? A: John Givens, CEO: We've been through these cycles before. The current environment is due to election-related uncertainties and frozen funding distributions. I anticipate that after a couple more quarters of assessments, the funding environment will stabilize and potentially improve for VirTra and similar companies. Q: What initiatives are you undertaking to navigate the current funding uncertainty? A: John Givens, CEO: Our sales team is actively assisting departments in navigating federal funding and grants. We've created a grant program to guide customers to appropriate funding sources. Additionally, I've met with policymakers to advocate for clearer funding processes, ensuring grants are structured to meet our customer needs. Q: Regarding the IVAS opportunity, how does the transition from Microsoft to Anduril impact VirTra? A: John Givens, CEO: The transition is positive for us. Anduril has extensive experience with government contracts, unlike Microsoft's commercial electronics model. Our product's strong performance has been recognized, and Anduril's involvement is expected to enhance contract management and execution. Q: Can you clarify if bookings have a secured funding source and how much of the $22 million backlog will be recognized in 2025? A: Alanna Boudreau, CFO: If we record it as a booking, the funding is secured. We expect the majority of the $22 million backlog to convert into revenue in 2025, although some may extend into 2026 or 2027 due to service contracts. Q: What is the market opportunity for the V-XR platform, and how do you see it impacting growth? A: John Givens, CEO: The V-XR platform fills a gap in our offerings, targeting smaller agencies with budget constraints. Price points range from $35,000 to $100,000. We anticipate significant adoption over the next two to five years, with the platform complementing our screen-based systems and expanding our reach into untapped markets. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Sign in to access your portfolio
