VirTra Reports Third Quarter and Nine Month 2023 Financial Results
CHANDLER, Ariz., Nov. 14, 2023 (GLOBE NEWSWIRE) -- VirTra, Inc. (Nasdaq: VTSI) (“VirTra”), a global provider of judgmental use of force training simulators, firearms training simulators for the law enforcement and military markets, reported results for the third quarter ended September 30, 2023. The financial statements are available on VirTra’s website and here.
- Operating income increased by $2.8 million to $1.7 million from $(1.1) million in the third quarter of 2022.
- Nine Months Ended September 30, 2023 Financial Results
Total revenue increased 42% to $27.9 million from $19.7 million in the first nine months of 2022. - “The third quarter was highlighted by sustained revenue growth and significant profitability improvements,” said VirTra CFO Alanna Boudreau.
- A replay of the call will be available after 7:30 p.m. Eastern time on the same day through November 28, 2023.