The Fly

VirTra reports Q3 EPS (7c), consensus 5c

Reports Q3 revenue $4.9M, consensus $6.71M. Reports Q3 record backlog of $28.3M. "Our third quarter was one of the strongest in our history as far as new sales orders secured as we continue to work on numerous initiatives to scale up and streamline our operations while leading innovation in our market," said Bob Ferris, chairman and co-CEO of VirTra. "We had a record quarter for bookings at $16.7 million, representing 52% year-over-year growth, driving our backlog to a record level of $28.3 million, largely due to some of our largest orders in our history with federal clients. While shipments were somewhat slower in the quarter, contributing to the lower revenue, we view the high level of bookings as positive indicators for future business."

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