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VTSI

VirTra

$2.08 /

-0.21 (-9.17%)

16:10
03/23/20
03/23
16:10
03/23/20
16:10

VirTra Reports Q4 EPS (1c), consensus 0c.

Reports Q4 revenue $5.9M, consensus $4.6M. In the fourth quarter of 2019, we continued to capitalize on the momentum we've generated throughout the year by successfully executing against the strategic priorities we outlined last year," said Bob Ferris, Chairman and Chief Executive Officer of VirTra. "Financially, the fourth quarter was highlighted by $5.9 million in revenue and $729,000 in adjusted EBITDA. These financial improvements were in large part due to VirTra's growing reputation as the most trusted name for effective simulation training and our team's ability to effectively deliver orders from the robust pipeline of business we've built. Due to our positive financial results in the latter half of the year, we were able to grow revenues for the 14th consecutive year. Our ability to consistently drive growth on an annual basis is a direct result of continuously introducing innovative solutions to the market, like our driving simulators, 4-K 300-degree simulators, and new drop-in recoil kit capabilities, while expanding the depth and breadth of our certified training curriculum. These products and programs enable us to better serve our customers and improve our industry position for the future.

  • 23

    Mar

VTSI VirTra
$2.08 /

-0.21 (-9.17%)

08/14/19 Lake Street
VirTra price target lowered to $5 from $6 at Lake Street
05/28/19 Roth Capital
VirTra initiated with a Buy at Roth Capital
03/29/19 Lake Street
VirTra price target lowered to $6 from $8 at Lake Street

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