VTSI Earnings Prediction
The chart below shows how VTSI performed 10 days before and after its earnings report, based on data from the past quarters. Typically, VTSI sees a -0.77% change in stock price 10 days leading up to the earnings, and a +7.63% change 10 days following the report. On the earnings day itself, the stock moves by +1.27%. This data can give you a slight idea of what to expect for the next quarter's release.
VTSI Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
7.48M
-1.02%
23.20%
Gross Margin
73.46%
3.13%
-19.22%
Operating Margin
10.10%
-54.26%
-45.76%
Net Margin
7.79%
-63.97%
-60.58%
EPS
0.05
-66.67%
-54.55%
No Data Available
VTSI Earnings Analysis
VirTra, Inc. Common Stock Corporation (VTSI.O) Earnings Conference Call
Positive
Revenue Performance Analysis: Our revenues came in at $7.5 million, up 23% from Q2 of 2024 and in-line with the $7.6 million in Q3 of 2023.
Bookings Growth Analysis: Q3 bookings increased to $8.9 million, up 51% from the $5.9 million in Q2 of 2024, and up 22% from the $7.3 million in Q3 of 2023.
Gross Margin Improvement: In Q3, our gross margins improved to 73% from 71% in Q3 of 2023, demonstrating the effectiveness of our operational efficiencies.
Gross Profit Margin Increase: Gross profit for the quarter was $5.5 million, representing a 73% gross margin, an increase from the 71% in the prior year period.
Gross Profit Comparison: For the first nine months of 2024, gross profit was $16.5 million, representing a 76% gross margin compared to $18.3 million or 65% gross margin in the prior year period.
Negative
Revenue Decline Analysis: Total revenue was $7.5 million, slightly down from the $7.6 million in the prior year period.
Revenue Comparison 2024: Total revenue for the first nine months of 2024 was $21.7 million compared to $27.9 million in the prior year period.
Net Operating Expense Increase: Net operating expense for the quarter was $4.7 million, marking a 28% increase year-over-year.
Operating Income Decline: Operating income was $0.8 million compared to $1.7 million in the third quarter of 2023.
Net Income Comparison: Net income was $0.6 million or $0.05 per diluted share based on 11.2 million weighted average diluted shares outstanding compared to net income of $1.6 million or $0.15 per diluted share based on 10.9 million weighted average diluted shares outstanding in the prior year period.
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VTSI Earning Call Sentiment
VirTra, Inc. (VTSI) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
VTSI.O
-4.36%Positive
The earnings call reveals mixed signals. While there is growth in bookings and gross margins, revenue has slightly declined, and net income has decreased year-over-year. The optimistic outlook on international expansion and military engagement is countered by challenges like funding delays and competitive pressures. No significant positive catalysts were noted in the Q&A. The absence of a new partnership or strong guidance adjustment keeps the sentiment neutral.
