VirTra

VirTra, Inc. is a global provider of judgmental use of force training simulators, firearms training simulators and driving simulators for the law enforcement, military, educational and commercial markets. Its simulators use software, hardware and content to create realistic training that does not require live ammunition or less-than-lethal munitions. The company was founded by Robert D. Ferris in May 1993 and headquartered in Chandler, AZ.

Earnings data Q4 2020

Earnings data Q1 2021

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Earnings data Q4 2023

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Earnings data Q3 2024

VirTra achieves record revenue in Q4 2022, eyes future growth

VirTra's Q4 2022 earnings call highlighted record revenue, operational milestones, and leadership additions, underscoring the company's financial strength and strategic direction.
While facing challenges in international markets and operational efficiency, VirTra remains optimistic about future growth opportunities and building shareholder value.
The company's focus on innovation, strong financial performance, and commitment to growth set a positive trajectory for continued success in 2023 and beyond.

VirTra reports record Q1 revenue, eyes growth in key markets

VirTra delivered impressive financial results in Q1 2023, with record revenue, increased gross profit, and strong net income. Strategic investments in technology and operational enhancements drove performance.
The company's focus on diversifying revenue streams, strengthening leadership, and centralizing operations contributed to its success. VirTra's solid backlog and improved financial metrics bode well for future growth.
Opportunities lie in expanding market presence, leveraging the STEP program for recurring revenue, and enhancing supply chain management. VirTra's strong performance positions it for continued success and market expansion.

VirTra reports record-breaking revenue and strategic growth opportunities

VirTra's Q2 2023 performance reflects strong revenue growth, operational efficiency, and market positioning, driven by a focus on customer value and government contracts.
While facing challenges in international revenue diversification and operational transitions, the company's strengths in customer commitment and global sales present growth opportunities.
With a new CEO appointed and a strategic vision for expansion and product enhancement, VirTra is poised to leverage its financial success and market momentum for future growth.
Overall, VirTra's earnings call highlights a promising outlook, underpinned by solid financial results, operational improvements, and a positive market sentiment.

VirTra reports stellar Q3 results, eyes growth through innovation

VirTra's Q3 2023 earnings call highlighted robust financial performance, strategic initiatives driving growth, and a focus on innovation and customer experience. While facing challenges in international markets, the company is well-positioned to capitalize on opportunities in recurring revenue streams, technological advancements, and market expansion.

VirTra reports record revenues, eyes growth through AI integration

VirTra's Q4 2023 earnings call showcased impressive financial results, operational improvements, and strategic initiatives aimed at driving growth. With a focus on revenue diversification, international expansion, and innovative product development, VirTra is well-positioned to capitalize on market opportunities and strengthen its position in the industry.

VirTra reports Q1 revenue dip, secures military contract, eyes growth

VirTra's Q1 2024 performance saw revenue challenges but also showcased strengths in government contracts and financial stability.
The company faces challenges in revenue generation and operational efficiency, requiring strategic focus and cost management.
Opportunities lie in new product launches, market expansion through innovative solutions, and leveraging government contracts for growth.
Overall, VirTra remains optimistic about 2024, emphasizing the importance of sales growth, customer relationships, and product innovation.

VirTra reports robust Q2 earnings, eyes growth in defense sector

VirTra delivered strong financial results in Q2 2024, with notable increases in bookings and positive net income.
While facing challenges from budget delays and margin expectations, the company remains focused on innovation and growth opportunities.
With a solid performance foundation, strategic hires, and new product launches, VirTra is poised for continued success and expansion in the market.

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CHANDLER, Ariz., May 01, 2023 (GLOBE NEWSWIRE) -- VirTra, Inc . (Nasdaq: VTSI) (“VirTra” or the “Company”), a global provider of judgmental use of force training simulators, and firearms training simulators for the law enforcement and military markets, will hold a conference call on Monday, May 15, 2023 at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the first quarter ended March 31, 2023. Financial results will be issued in a press release prior to the call.

VirTra Sets First Quarter 2023 Conference Call for Monday, May 15, 2023 at 4:30 p.m. ET

VirTra: Still Set To Double In 2023

Start Time: 16:30 January 1, 0000 5:10 PM ET VirTra, Inc. (NASDAQ:VTSI ) Q4 2022 Earnings Conference Call March 31, 2023, 16:30 PM ET Company Participants Bob Ferris - Chairman, President and Co-CEO John Givens - Co-CEO Alanna Boudreau - CFO Conference Call Participants Jaeson Schmidt - Lake Street Richard Baldry - ROTH Capital Operator Good afternoon. Welcome to VirTra's Fourth Quarter and Full Year 2022 Earnings Conference Call.

VirTra, Inc. (VTSI) Q4 2022 Earnings Call Transcript

VirTra, Inc. (VTSI) delivered earnings and revenue surprises of 333.33% and 11.83%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

VirTra, Inc. (VTSI) Q4 Earnings and Revenues Beat Estimates

16% Revenue Growth for Full Year 2022; Ended the Year with Record Backlog of $27.7 Million 16% Revenue Growth for Full Year 2022; Ended the Year with Record Backlog of $27.7 Million

VirTra Reports Fourth Quarter and Full Year 2022 Financial Results

VirTra doesn't screen well. Margins have declined over the years, it currently trades at a high trailing earnings multiple and has recently been very capital intensive. But I think the business is at an inflection point as operating leverage from recent investments could kick in as revenue growth ramps.

Finding The Value In VirTra, Inc.

CHANDLER, Ariz., March 17, 2023 (GLOBE NEWSWIRE) -- VirTra, Inc . (Nasdaq: VTSI) (“VirTra”), a global provider of judgmental use of force training simulators, and firearms training simulators for the law enforcement and military markets, will hold a conference call on Friday, March 31, 2023 at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the fourth quarter and full year ended December 31, 2022. Financial results will be issued in a press release prior to the call.

VirTra Sets Fourth Quarter and Full Year 2022 Conference Call for Friday March 31, 2023 at 4:30 p.m. ET

CHANDLER, Ariz., March 07, 2023 (GLOBE NEWSWIRE) -- VirTra, Inc. (Nasdaq: VTSI) (“VirTra”), a global provider of judgmental use of force training simulators and firearms training simulators for the law enforcement and military markets, will be attending the 35th Annual ROTH Conference being held March 12-14, 2023 at The Ritz Carlton, Laguna Niguel located in Dana Point, CA.

VirTra to Participate in the 35th Annual ROTH Conference on March 12-14th, 2023

CHANDLER, Ariz., Jan. 03, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of VirTra, Inc . (NASDAQ: VTSI) (“VirTra”), a global provider of judgmental use of force training simulators and firearms training simulators for the law enforcement and military markets, has appointed a new independent member, Jim McDonnell, to the Board, effective January 1, 2023. Concurrent with McDonnell's appointment, Jim Richardson, one of VirTra's independent board members, stepped down as a member of the Board of Directors.

VirTra Appoints Top Law Enforcement Leader Jim McDonnell to the Board of Directors

Revenue should grow by at least 25% and VirTra should generate about $0.30 EPS in 2023. The company warrants a 2023 earnings multiple of 20 - 30X, yielding a fair value of $6 - $9 per share.

VirTra: Set To Double In 2023

VirTra, Inc. (VTSI) delivered earnings and revenue surprises of -800% and 8.01%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

VirTra, Inc. (VTSI) Reports Q3 Loss, Lags Revenue Estimates

VirTra, Inc. (NASDAQ:VTSI ) Q3 2022 Earnings Conference Call November 14, 2022 4:30 PM ET Company Participants Bob Ferris – Chairman and Co-Chief Executive Officer John Givens – Co-Chief Executive Officer Conference Call Participants Richard Baldry – ROTH Capital Jaeson Schmidt – Lake Street Operator Good afternoon, and welcome to VirTra's Third Quarter 2022 Earnings Conference Call. My name is Keith, and I will be your operator for today's call.

VirTra, Inc. (VTSI) Q3 2022 Earnings Call Transcript

Record Bookings of $16.7 Million, up 52%, Driving Record Backlog of $28.3 Million, up 30% Record Bookings of $16.7 Million, up 52%, Driving Record Backlog of $28.3 Million, up 30%

VirTra Reports Third Quarter and Nine Month 2022 Financial Results

CHANDLER, Ariz., Oct. 31, 2022 (GLOBE NEWSWIRE) -- VirTra, Inc. (NASDAQ: VTSI), a global provider of judgmental use of force training simulators, and firearms training simulators for the law enforcement and military markets, will hold a conference call on Monday, November 14, 2022 at 4:30 p.m. Eastern time to discuss its financial results for the third quarter ended September 30, 2022. Financial results will be issued in a press release prior to the call.

VirTra Sets Third Quarter 2022 Earnings Call for Monday, November 14, 2022 at 4:30 p.m. ET

Open House on October 20, 2022 to showcase the new facility and offer immersive training demonstrations of VirTra's world-class training solutions to interested parties Open House on October 20, 2022 to showcase the new facility and offer immersive training demonstrations of VirTra's world-class training solutions to interested parties

VirTra Opens Orlando, Florida Facility to Support Military End-Market Growth Opportunities

CHANDLER, Ariz., Sept. 07, 2022 (GLOBE NEWSWIRE) -- VirTra, Inc . (NASDAQ: VTSI) (“VirTra”), a global provider of judgmental use of force training simulators, and firearms training simulators for the law enforcement and military markets, has received two orders worth approximately $9.0 million under an existing contract with the U.S. Customs and Border Protection (CBP). Of the total order amount, $4.3 million is attributable to the CBP and $4.7 million is attributed to another U.S. federal agency ordered under the same contract.

VirTra Receives Orders Worth $9.0 Million from Two U.S. Federal Agencies

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Circumstances have not panned out favorably for growth stocks this year, let's be honest. For instance, while the benchmark S&P 500 is down more than 12% since the beginning of 2022, the tech-centric Nasdaq shed 20% in the same frame.

7 Growth Stocks With Huge Catalysts Ahead

CHANDLER, Ariz., Aug. 26, 2022 (GLOBE NEWSWIRE) -- VirTra, Inc . (NASDAQ: VTSI) (“VirTra”), a global provider of judgmental use of force training simulators and firearms training simulators for the law enforcement and military markets, has appointed Danielle Diaz as chief financial officer, effective, August 24, 2022. Danielle Diaz replaces chief accounting officer Marsha J. Foxx, who has departed the company. Foxx's departure was not the result of any disagreement with VirTra on any matters relating to its accounting practices or policies.

VirTra Appoints Danielle Diaz as Chief Financial Officer

VirTra stock has lost ~60% off its highs and is trading at 16 times forward earnings. As a result, I'd like to revisit my earlier buy thesis. The company had problems with reporting, which have now been resolved.

VirTra Is Still A Buy Despite All The Headwinds

VirTra, Inc. (NASDAQ:VTSI ) Q2 2022 Results Conference Call August 19, 2022 10:00 AM ET Company Participants Bob Ferris - Chairman, Co-CEO John Givens - Co-CEO Marsha Foxx - CAO Conference Call Participants Allen Klee - Maxim Group Jaeson Schmidt - Lake Street Capital Richard Baldry - ROTH Operator Good afternoon, and welcome to VirTra's Second Quarter 2022 Earnings Conference Call. My name is Laura, and I will be the operator for today's call.

VirTra, Inc. (VTSI) CEO Bob Ferris on Q2 2022 Results - Earnings Call Transcript

Total Revenue up 52%, Driving 51% Increase in Gross Profit and 34% Increase in Adjusted EBITDA Total Revenue up 52%, Driving 51% Increase in Gross Profit and 34% Increase in Adjusted EBITDA

VirTra Reports Second Quarter 2022 Financial Results

Total Revenue Increased 52% Year-Over-Year, Driving 44% Year-Over-Year Increase in Gross Profit Total Revenue Increased 52% Year-Over-Year, Driving 44% Year-Over-Year Increase in Gross Profit

VirTra Reports First Quarter 2022 Financial Results

VirTra, Inc. (NASDAQ:VTSI ) Q4 2021 Earnings Conference Call August 2, 2022 4:30 PM ET Company Participants Bob Ferris - Chairman & Co-CEO John Givens - Co-CEO Marsha Foxx - Chief Accounting Officer Conference Call Participants Richard Baldry - ROTH Capital Jaeson Schmidt - Lake Street. Allen Klee - Maxim Group Operator Good afternoon.

VirTra, Inc. (VTSI) CEO Bob Ferris on Q4 2021 Results - Earnings Call Transcript

28% Revenue Growth for Full Year 2021; Ended the Year with Record Backlog of $23.1 Million 28% Revenue Growth for Full Year 2021; Ended the Year with Record Backlog of $23.1 Million

VirTra Reports Fourth Quarter and Full Year 2021 Financial Results

CHANDLER, Ariz., July 25, 2022 (GLOBE NEWSWIRE) -- VirTra, Inc . (NASDAQ: VTSI) (“VirTra”), a global provider of judgmental use of force training simulators, and firearms training simulators for the law enforcement and military markets, will hold a conference call on Tuesday, August 2, 2022 at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its audited financial results for the fourth quarter and full year ended December 31, 2021.

News for VirTra Stock (VTSI)