VirTra reports Q3 EPS (3c), consensus 4c

Reports Q3 revenue $5.35M, consensus $6.99M. VirTra (VTSI) CEO John Givens stated, “In the third quarter, we continued to work through a slower federal funding cycle. The timing of federal awards and customer acceptances affected near-term revenue recognition, but it has not changed the level of engagement we are seeing from agencies. Our backlog increased again in Q3, and we entered the fourth quarter with a larger pipeline of opportunities tied to grant-driven purchasing.”