VirTra Inc (VTSI)

[gbb777]

Very good quarter

Total revenue of $5.3 million
Gross profit of $3.8 million
Gross profit margin of 71%
Net income of $1.6 million, or $0.10 per basic and diluted share
Adjusted EBITDA of $1.8 million



However they only repurchased 6,900 shares, peanuts


On October 25, 2016, the Company’s Board of Directors authorized the repurchase of up to $1,000,000 of its common stock through December 31, 2017. Purchases made pursuant to this authorization will be made in the open market, in privately negotiated transactions or pursuant to any trading plan that may be adopted in accordance with Rule 10b-18 of the Securities and Exchange Commission. The timing, manner, price and amount of any repurchases will be determined by the Company at its discretion and will be subject to economic and market conditions, stock price, applicable legal requirements and other factors. During the six months ended June 30, 2017, the Company repurchased 6,900 shares at a cost of $13,800. The Company plans to retire any shares purchased through this program before the end of the current year.