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) is a global provider of judgmental use-of-force and firearms training simulators for law enforcement, military, educational, commercial, and security markets. This news page aggregates company announcements, operational updates, and event coverage so readers can follow how VirTra’s simulation technology is being adopted and applied worldwide.
VirTra’s news flow often highlights product introductions and enhancements, such as the V-One Portable Simulator, the V-100 portable system, the V-300 immersive simulator, and the V-XR extended-reality platform. Articles also cover new analytics capabilities like the APEX platform, which provides data-driven insights into training performance, and accessories such as recoil kits and Advanced Skills Magazines that increase realism.
Investors and industry professionals can use this page to track contract wins, deployments, and validations, including examples like the Royal Canadian Mounted Police advancing to full deployment of VirTra simulators or multi-site law enforcement contracts in international markets. Regular financial results releases provide context on revenue, bookings, backlog, and recurring revenue from service and STEP® contracts, along with management commentary on funding trends and demand.
VirTra also issues news about industry events and outreach, including participation in conferences such as the International Association of Chiefs of Police Conference and the SHOT Show, as well as initiatives like Taskforce Santa, which supports smaller agencies with access to modern training tools. For anyone following VTSI, this page offers a centralized view of the company’s latest developments, from technology demonstrations and academic research references to governance updates and advisory board appointments.
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.
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