Welcome to our dedicated page for Virtra news (Ticker: VTSI), a resource for investors and traders seeking the latest updates and insights on Virtra stock.
VirTra Inc (Nasdaq: VTSI), a leader in judgmental use-of-force simulation systems, provides this dedicated news hub for tracking its operational developments. Investors and professionals will find authoritative updates on product innovations, financial performance, and strategic partnerships within the law enforcement and military training sectors.
This resource consolidates official press releases and verified news about VirTra's advanced training simulators, scenario software developments, and international distribution expansions. Key updates include quarterly earnings disclosures, new client acquisitions, technology enhancements, and research validation studies demonstrating simulator effectiveness.
Content is organized to serve both active investors and industry observers, with material spanning corporate milestones, regulatory filings, and market expansion efforts. Regular updates ensure stakeholders maintain current awareness of VirTra's role in advancing simulation-based training methodologies.
Bookmark this page for streamlined access to VirTra's evolving position in defense technology. Check back frequently to monitor how the company's patented recoil systems, scenario customization tools, and data analytics capabilities continue shaping modern training protocols across global markets.
VirTra, Inc. (Nasdaq: VTSI) reported a strong performance for the full year 2022 with a 16% revenue growth, totaling $28.3 million. The company ended the year with a record backlog of $27.7 million and bookings of $33.0 million. Fourth quarter performance showed total revenue of $8.7 million and net income of $1.4 million, or $0.13 per diluted share. Gross profit for the full year reached $16.3 million, with a gross margin of 57.4%. Management attributes this success to strategic investments and a favorable demand environment in the law enforcement and military markets.
VirTra (Nasdaq: VTSI), a leader in judgmental use of force training simulators, will host a conference call on March 31, 2023, at 4:30 p.m. ET, to discuss its financial results for the fourth quarter and full year ended December 31, 2022. The call will begin with a presentation followed by a Q&A session. Interested participants can join via U.S. dial-in at 1-877-407-9208 or international dial-in at 1-201-493-6784. A live broadcast of the call will be available, and a replay can be accessed from March 31 to April 14, 2023.
VirTra (Nasdaq: VTSI), a leader in judgmental use of force training simulators, will attend the 35th Annual ROTH Conference from March 12-14, 2023, at The Ritz Carlton, Laguna Niguel, Dana Point, CA. Bob Ferris, the chairman and co-CEO, will engage in one-on-one meetings with institutional investors and analysts.
VirTra specializes in advanced training solutions for law enforcement and military sectors, using patented technologies for realistic scenario-based training. Their mission is to enhance safety and lives globally through immersive virtual reality and simulation technologies. For investor inquiries, contact their relations team at VTSI@gatewayir.com.
VirTra (NASDAQ: VTSI) announced the appointment of Jim McDonnell as an independent board member, effective January 1, 2023. McDonnell, a seasoned law enforcement leader, brings extensive knowledge in public safety and tactical training. He has held key positions such as Sheriff of Los Angeles County and Chief of Police in Long Beach. Bob Ferris, Chairman and Co-CEO, expressed confidence in McDonnell's ability to drive growth within the company. McDonnell noted the potential for further expansion in the law enforcement market, emphasizing the value of VirTra's training solutions.
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