Why Is VirTra Stock Diving Today?
Why Is VirTra Stock Diving Today?
VirTra, Inc. (NASDAQ:VTSI) shares are trading lower after the company reported worse-than-expected first-quarter financial results.
VirTra, Inc.（納斯達克股票代碼：VTSI）公佈的第一季度財務業績低於預期後，該公司股價走低。
Revenue declined 19% year over year to $8.09 million, missing the consensus of $8.56 million due to delays in federal funding attributable to the U.S. government's continuing resolution, which caused numerous contracts to be placed on hold.
收入同比下降19％，至809萬美元，未達到共識的856萬美元，這是由於美國政府的持續決議導致許多合同被擱置所導致的聯邦資金延遲。
CEO John Givens stated, "The anticipated revenue fluctuation was primarily due to the cyclical nature of budget allocations, often skewed towards year-end, coupled with the impact of the U.S. government's continuing resolution, and the completion of a large portion of our capital backlog in 2023."
首席執行官約翰·吉文斯表示：“預期的收入波動主要是由於預算撥款的週期性質，通常傾向於年底，再加上美國政府持續決議的影響，以及我們的大部分資本積壓將在2023年完成。”
Gross profit declined 21% Y/Y to $5.5 million in the quarter due to cost increases from the Microsoft Corporation (NASDAQ:MSFT) contract.
由於微軟公司（納斯達克股票代碼：MSFT）合同的成本增加，本季度毛利同比下降21％，至550萬美元。
Adjusted EBITDA stood at $1.9 million in the quarter vs. $4.0 million a year ago. EPS of $0.11 missed the consensus of $0.12.
本季度調整後的息稅折舊攤銷前利潤爲190萬美元，去年同期爲400萬美元。每股收益爲0.11美元，未達到0.12美元的共識。
As of March-end, cash and cash equivalents were $22.4 million.
截至3月底，現金及現金等價物爲2,240萬美元。
CFO Alanna Boudreau stated, "Looking ahead, we remain focused on improving bookings performance and stabilizing backlog amidst order seasonality."
首席財務官Alanna Boudreau表示：“展望未來，在訂單季節性期間，我們仍然專注於改善預訂業績和穩定訂單積壓。”
"With strategic initiatives underway, particularly the launch of V-XR, we are positioning ourselves to improve our revenue growth for the remainder of 2024 compared to Q1. Our robust working capital shows our financial strength and supports strategic initiatives, including scaled production of the V-XR."
“隨着戰略舉措的實施，尤其是V-XR的推出，我們正準備在2024年剩餘時間內與第一季度相比提高收入增長。我們強大的營運資金顯示了我們的財務實力，並支持戰略舉措，包括V-XR的規模化生產。”
Price Action: VTSI shares are down 30.8% at $11.36 at the last check Wednesday.
價格走勢：在週三的最後一次檢查中，VTSI股價下跌30.8％，至11.36美元。
譯文內容由第三人軟體翻譯。