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VirTra Q3 2024 Earnings Report

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$6.37 -0.11 (-1.70%)
As of 01/31/2025 04:00 PM Eastern

VirTra EPS Results

Actual EPS
$0.05
Consensus EPS
$0.05
Beat/Miss
Met Expectations
One Year Ago EPS
$0.15

VirTra Revenue Results

Actual Revenue
$7.48 million
Expected Revenue
$6.81 million
Beat/Miss
Beat by +$670.00 thousand
YoY Revenue Growth
N/A

VirTra Announcement Details

Quarter
Q3 2024
Time
After Market Closes

VirTra Earnings Headlines

VirTra files $50M mixed securities shelf
You won’t believe where OpenAI billionaire is investing now
Billionaire Sam Altman has become one of the most powerful men in the world by running OpenAI… But there’s a far lesser known investment he’s making that could put OpenAI to shame. In fact this Sam Altman-backed company could actually become a crucial partner for OpenAI… And the US Military… not to mention hundreds of other giant companies around the globe. To make the story even crazier… this company only recently became viable, thanks to an obscure piece of legislation that President Trump signed before he left office… Which ordered the government to take this incredible new technology seriously.
VirTra’s Q3 2024: Boost in Bookings Amid Revenue Dip
VirTra, Inc. (VTSI) Q3 2024 Earnings Call Transcript
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About VirTra

VirTra (NASDAQ:VTSI) provides use of force training and firearms training simulators for the law enforcement, military, and commercial markets worldwide. Its patented technologies, software, and scenarios provide intense training for de-escalation, judgmental use-of-force, marksmanship, and related training that mimics real-world situations. It offers V-300 simulator, a 300 degree wrap-around screen for simulation training; V-180 simulator, a 180 degree screen for smaller spaces or budgets; V-100, a single-screen based simulator system; V-100 MIL, a single-screen based simulator system; and V-ST PRO, a realistic single screen firearms shooting and skills training simulator. The company also provides Virtual Interactive Coursework Training Academy (V-VICTA), which enables law enforcement agencies to teach, train, test, and sustain departmental training requirements; and Subscription Training Equipment Partnership, a program that allows agencies to utilize its simulator products, accessories, and V-VICTA interactive coursework on a subscription basis. In addition, it offers V-Author software that allows users to create, edit, and train with content specific to agency's objectives and environments; Simulated Recoil Kits, a range of realistic and reliable simulated recoil kits/weapons; Threat-Fire, a device that applies real-world stress on the trainees during simulation training; and TASER, an OC spray and low-light training devices that interact with its simulators for training. The company sells its simulators and related products through a direct sales force and distribution partners. The company was founded in 1993 and is headquartered in Chandler, Arizona.

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