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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
Yahoo
13-05-2025
- Business
- Yahoo
VirTra Inc (VTSI) Q1 2025 Earnings Call Highlights: Strong Profitability Amid Revenue Challenges
Total Revenue: $7.2 million, a 3% decrease from the prior year period. Government Revenue: $5.2 million, down from $6.7 million in the prior year period. International Revenue: $1.9 million, up from $550,000 in the prior year period. Gross Profit: $5.2 million or 73% of total revenue, up from $4.7 million or 64% in the prior year period. Net Operating Expense: $3.8 million, a 6% decrease from $4.1 million in the prior year period. Operating Income: $1.4 million, a 110% increase from $650,000 in the prior year period. Net Income: $1.3 million or $0.11 per diluted share, a 170% increase from $470,000 or $0.04 per diluted share in the prior year period. Adjusted EBITDA: $1.7 million, a 22% increase from $1.4 million in the prior year period. Cash and Cash Equivalents: $17.6 million as of March 31, 2025. Bookings: $6.4 million, more than double the $2.9 million recorded in Q1 of 2024. Backlog: $21.2 million, segmented into $9.9 million in capital, $5.8 million in service, and $5.5 million in STEP contracts. Working Capital: Increased to $35.3 million. Warning! GuruFocus has detected 6 Warning Signs with VTSI. Release Date: May 12, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. VirTra Inc (NASDAQ:VTSI) returned to GAAP profitability with strong gross margins in Q1 2025. The company reported a significant increase in bookings, totaling $6.4 million, more than double the previous year's Q1. VirTra Inc (NASDAQ:VTSI) successfully expanded its presence through targeted engagements and disciplined pipeline management. The company improved its sales efficiency by transitioning to a regional sales model and entering the GSA procurement channel. VirTra Inc (NASDAQ:VTSI) reported a 170% increase in net income compared to the prior year period. Total revenue for Q1 2025 decreased by 3% compared to the prior year period. Government revenue declined significantly from $6.7 million to $5.2 million year-over-year. Sales cycles are taking longer due to delayed budget approvals and grant allocations. Funding constraints and macroeconomic uncertainties continue to pose challenges for the company. Some international customers have requested deferred delivery into 2026, affecting revenue recognition. Q: Do you think macroeconomic dynamics contributed to any orders being pulled into Q1? A: John Givens, CEO: It's unclear if macro factors directly influenced this. Some agencies were trying to spend budgeted funds before they were retracted or shut down. Grant monies were awarded, and some funding was distributed even during budget holds. Each agency's situation varies, making it difficult to pinpoint a single cause. Q: Are you seeing demand for the V-XR platform from markets outside of healthcare, and is this demand driven by grant activity? A: John Givens, CEO: Yes, grant activity related to de-escalation and training is driving V-XR demand. Interest is also coming from adjacent markets like police, fire, and military, depending on their training objectives. Some markets, like private security, find headsets more suitable, and we're noting unmet needs for future development. Q: Regarding the STEP program and three-year agreements, are all customers being moved to these agreements, or is it optional? A: John Givens, CEO: We are encouraging customers to move to three-year agreements to accelerate the purchase cycle. This aligns with technological advancements and ensures equipment remains up-to-date. We offer options for years four and five if needed, but the focus is on keeping pace with technology. Q: Can you elaborate on the rationale behind changing the STEP program terms to three years? A: Alanna Boudreau, CFO: The change ensures more reliable revenue by reducing the ease of opting out. Previously, terms were too lenient, leading to potential revenue loss. The new terms provide greater confidence in securing revenue for three years. Q: Are there any specific challenges or opportunities you foresee in the coming quarters? A: John Givens, CEO: We anticipate ongoing challenges with funding constraints but are building an agile organization to convert backlog and support growth. Our strategic focus on sales, product development, and operations positions us well to adapt to evolving customer needs and market conditions. 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
Yahoo
29-03-2025
- Business
- Yahoo
VirTra Full Year 2024 Earnings: Misses Expectations
Revenue: US$26.4m (down 32% from FY 2023). Net income: US$1.36m (down 85% from FY 2023). Profit margin: 5.2% (down from 24% in FY 2023). The decrease in margin was driven by lower revenue. EPS: US$0.12 (down from US$0.83 in FY 2023). We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue missed analyst estimates by 9.3%. Earnings per share (EPS) also missed analyst estimates by 61%. The primary driver behind last 12 months revenue was the Simulators and Accessories segment contributing a total revenue of US$13.9m (53% of total revenue). The largest operating expense was General & Administrative costs, amounting to US$14.4m (80% of total expenses). Explore how VTSI's revenue and expenses shape its earnings. Looking ahead, revenue is forecast to grow 7.2% p.a. on average during the next 2 years, compared to a 6.9% growth forecast for the Aerospace & Defense industry in the US. Performance of the American Aerospace & Defense industry. The company's shares are down 18% from a week ago. Be aware that VirTra is showing 2 warning signs in our investment analysis that you should know about... Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
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
