VirTra, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 04:06 pm
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VirTra, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 10.34 million compared to USD 8 million a year ago. Revenue was USD 10.34 million compared to USD 8 million a year ago. Net income was USD 1.03 million compared to USD 0.787374 million a year ago. Basic earnings per share from continuing operations was USD 0.09 compared to USD 0.07 a year ago. Diluted earnings per share from continuing operations was USD 0.09 compared to USD 0.07 a year ago.
For the six months, sales was USD 20.36 million compared to USD 14.75 million a year ago. Revenue was USD 20.36 million compared to USD 14.75 million a year ago. Net income was USD 3.97 million compared to USD 1.36 million a year ago. Basic earnings per share from continuing operations was USD 0.36 compared to USD 0.13 a year ago. Diluted earnings per share from continuing operations was USD 0.36 compared to USD 0.13 a year ago.
VirTra, Inc. is a provider of judgmental use of force training simulators and firearms training simulators for the law enforcement, military, and commercial markets. The Company's patented technologies, software, and scenarios provide intense training for de-escalation, judgmental use-of-force, marksmanship and related training that mimics real-world situations. Its firearms training simulator allows marksmanship and realistic scenario-based training to take place on a daily basis without the need for a shooting range, protective equipment, role players, safety officers, or a scenario-based training site. It has developed a range of simulation training including capabilities such as multiscreen, video-based scenarios, scenario authoring ability, superior training scenarios, the patented Threat-Fire shoot-back system, gas-powered simulated recoil weapons, and more. Its simulator products include V-300 Simulator, V-180 Simulator, V-100 Simulator & V-100 MIL, V-Author and others.
VIRTRA, INC. 
