Monday, August 15, 2016 8:00:41 PM
In many cases companies mis-use the term nonrecurring expense. In this case, the $400k really is a nonrecurring expense so legit to mention it and good they mentioned it.
Profits (bottom line net income) really do seem to be strengthening. $500k on $3.4mil is a bottom line net income that is 14.7% of revenue. Super healthy. The net cash generation is also extremely healthy.
EPS through Q1 and Q2 is now pushing 2 cents. Falls just a bit short of 2 cents. Seems likely the FY will finish with EPS above 3 cents and maybe as high as 3.5cents.
With this sort of continued strong performance, the company will eventually get their PE of 25 or 30. Sept 16th is going to be big! Webcast! questions! presentation!
Only sad thing for me is I missed a chance to buy a few more shares but with volume of only 600k none were really available. It would seem the holders are starting to pay attention and get smarter.
Recent VTSI News
- VirTra Sets 2024 Annual Meeting of Shareholders for Monday, October 21, 2024 • GlobeNewswire Inc. • 09/19/2024 09:18:22 PM
- Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 09/06/2024 08:05:17 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/04/2024 10:24:45 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/23/2024 01:54:23 AM
- VirTra to Participate in the 2024 Gateway Conference on September 4-5 • GlobeNewswire Inc. • 08/22/2024 12:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/12/2024 08:28:58 PM
- VirTra Reports Second Quarter and First Half 2024 Financial Results • GlobeNewswire Inc. • 08/12/2024 08:26:42 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/12/2024 08:26:20 PM
- VirTra Appoints Brandon Cox as Chief Technology Officer to Accelerate Innovation and New Product Development • GlobeNewswire Inc. • 08/06/2024 08:05:00 PM
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- Form 8-K - Current report • Edgar (US Regulatory) • 07/09/2024 08:05:36 PM
- VirTra Appoints CEO John Givens as Chairman • GlobeNewswire Inc. • 07/09/2024 08:05:00 PM
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- VirTra Set to Join Russell 3000® Index • GlobeNewswire Inc. • 06/04/2024 12:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/30/2024 08:05:29 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/14/2024 08:06:53 PM
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