What Analysts Predict For VirTra, Inc. ($VTSI) 2Q20?

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VirTra, Inc. (NASDAQ:VTSI) is set to announce second quarter earning results on Tuesday 11th August 2020, after market close.

Analysts surveyed by Thomson Reuters are predicting, VTSI to report 2Q20 loss of $ 0.11 per share.

For the full year, analysts anticipate top line of $ 16.25 million, while looking forward to loss of $ 0.02 per share bottom line.

Previous Quarter Performance

VirTra, Inc. announced loss for the first quarter of $ 0.05 per share, from the revenue of $ 3.34 million. The quarterly revenues fell 6.44 percent compared with the same quarter last year. According to street consensus, VTSI was expected to report 1Q20 loss of $ 0.02 per share from revenue of $ 4.83 million. The bottom line results missed street analysts by $ 0.03 or 150 percent, at the same time, top line results fell short of analysts by $ 1.49 million or 30.85 percent.

Historical Earnings Performance
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Click Here For More Historical Earnings Of VirTra, Inc.

Stock Performance

According to the previous trading day, closing price of VTSI was $ 4.43, representing a 121.50 % increase from the 52 week low of $ 2.00 and a 16.42 % decrease over the 52 week high of $ 5.30.

The company has a market capital of $ 34.34 million and is part of the Industrials sector and Aerospace & Defense industry.

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Conference Call

VirTra, Inc. will be hosting a conference call at 4:30 PM eastern time on 11th August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.virtra.com

VirTra, Inc. develops, sells, and supports use of force training and marksmanship firearms training systems and accessories for law enforcement, military, educational, and civilian use worldwide. Its products comprise V-300 simulator, a 300 degree wrap-around screen for simulation training; V-180 simulator, a 180 degree screen for smaller spaces and budgets; V-100, a single-screen based simulator system; V-100 MIL, a single-screen small arms training simulator; V-ST, a realistic single screen simulated shooting range simulator; and Top Subject Mater Expert Content, a content supplied with its simulators.