VirTra (NASDAQ:VTSI) Issues Earnings Results

VirTra (NASDAQ:VTSI) posted its quarterly earnings data on Thursday. The company reported ($0.02) EPS for the quarter, topping analysts’ consensus estimates of ($0.10) by $0.08, FiscalAI reports. The firm had revenue of $5.76 million for the quarter, compared to analyst estimates of $3.54 million. VirTra had a negative return on equity of 5.53% and a negative net margin of 13.60%.

Here are the key takeaways from VirTra’s conference call:

• Bookings increased to $5.5 million from $3.8 million in Q1, while backlog remained strong at approximately $24.9 million, including $7.9 million in STEP contracts.
• Management cited reopened grant programs, renewed federal activity, and acceptance into three U.S. Army marketplace categories as signs that funding and procurement conditions are improving, although conversion to revenue may take time.
• International revenue rose to $2.2 million from $1.4 million year over year and supported the sequential improvement, but management cautioned that international sales remain lumpy and difficult to forecast because of long procurement and installation cycles.
• Second-quarter revenue fell to $5.8 million from $7.0 million year over year, gross margin declined to 59% from 69%, and the company posted a $0.3 million net loss versus prior-year net income of $0.2 million.
• VirTra completed the acquisition of its Orlando campus to strengthen its military and defense presence, while tenant leases are expected to provide rental income and the company expanded content production to approximately 10 new scenarios during the quarter.

VirTra Trading Up 2.1%

Shares of VirTra stock opened at $3.37 on Friday. The firm’s 50 day moving average is $3.17 and its 200 day moving average is $3.82. The firm has a market capitalization of $38.11 million, a PE ratio of -15.32 and a beta of 0.74. VirTra has a 1 year low of $2.88 and a 1 year high of $6.29. The company has a current ratio of 3.93, a quick ratio of 2.49 and a debt-to-equity ratio of 0.16.

Analyst Upgrades and Downgrades

VTSI has been the subject of a number of analyst reports. Weiss Ratings reaffirmed a “sell (d)” rating on shares of VirTra in a research note on Wednesday, June 24th. Zacks Research raised shares of VirTra from a “strong sell” rating to a “hold” rating in a report on Friday, July 10th. One equities research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $5.00.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Quadrature Capital Ltd bought a new stake in VirTra during the 4th quarter worth $97,000. Rothschild Wealth LLC acquired a new position in VirTra in the 4th quarter worth about $245,000. Jane Street Group LLC raised its position in VirTra by 74.2% in the fourth quarter. Jane Street Group LLC now owns 40,991 shares of the company’s stock valued at $172,000 after purchasing an additional 17,459 shares during the last quarter. Squarepoint Ops LLC bought a new position in VirTra in the third quarter valued at about $284,000. Finally, Qube Research & Technologies Ltd bought a new position in VirTra in the second quarter valued at about $198,000. 14.69% of the stock is currently owned by institutional investors and hedge funds.

VirTra Company Profile

VirTra, Inc (NASDAQ: VTSI) develops and markets simulation-based training systems designed to enhance decision-making, marksmanship, and judgmental use-of-force skills for law enforcement, military, corrections, and commercial security organizations. The company’s virtual reality–based solutions integrate immersive video, scenario-based engagement, and live firearms training to create realistic, customizable exercises. By combining hardware, software, and content, VirTra aims to deliver comprehensive training environments that replicate real-world challenges faced by frontline professionals.

Key products in VirTra’s portfolio include the V-300 and V-150 immersive training simulators, which offer wraparound projection with touch-screen compatibility for weapon-mounted or handheld controls.