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Video Display Corporation  (VIDE)
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Video Display Corporation

VIDE's Financial Statements and Analysis



Video Display Corporation narrowed third quarter of 2024 net loss per share of $-0.07 compare to net loss per share of $-0.12 recorded in the same quarter a year ago a decrease from $0.03 eps realized in II. Quarter (Aug 31 2023).


third quarter of 2024
Earnings Per Share Revenues
$ -0.07 $  2 Mill
$+0.05     Unch.     -5.81 %



Video Display's Revenue fell by -5.81 % in third quarter of 2024 (Nov 30 2023) year on year, to $2 million and advanced by 0.06 % sequentially.


Video Display is Expected to report next financial results on May 29, 2024.

More on VIDE's Income Statement



Video Display's in thethird quarter of 2024 recorded net loss of $-0.408 million, an improvement compare to net loss of $-0.713 million in III. Quarter a year ago.

Sequentially company realized a net loss, compared to net income of $0.201 million in the previous quarter.

More on VIDE's Growth

Video Display Inventories
Inventories grew by 21.42 % to $3 million from III. Quarter a year ago, sequentially inventories rose by 10.73 %. In Nov 30 2023 company's net cash and cash equivalents decreased by $0 million, capital expenditures grew by -0.031-67.74%, to $0 millions compare to same quarter a year ago

More on VIDE's Cash flow Statement


Video Display Corporation does not pay out common stock dividend.

In trailing twelve-month period Video Display Corporation payed $ -0.15 cash per share, on a free-cash flow basis .


Tangible Book value fell to $ -0.13 per share from $ -0.06.

Company repurchased 0.06 million shares or 0.96 % in Nov 30 2023.


More on VIDE's Dividends

 Market Capitalization (Millions) 6
 Shares Outstanding (Millions) 6
 Total Debt (Millions $) 2
 Revenue (TTM) (Millions $) 6
 Net Income (TTM) (Millions $) -2
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ -




Video Display Corporation does not pay out common stock dividend.

In trailing twelve-month period Video Display Corporation had negative $ -0.15 cash flow per share, on a free-cash flow basis .


Tangible Book value fell to $ -0.13 per share from $ -0.06.

Company repurchased 0.06 million shares or 0.96 % in Nov 30 2023.


More on VIDE's Balance Sheets

 Market Capitalization (Millions) 6
 Shares Outstanding (Millions) 6
 Total Debt (Millions $) 2
 Revenue (TTM) (Millions $) 6
 Net Income (TTM) (Millions $) -2
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ -
   


  News about Video Display Corporation Earnings

Video Display Corporation Narrowly Narrows Losses to $0.07 per Share in 2024 Q3 Earnings Season



In the third quarter of the 2024 earnings season, Video Display Corporation (VDC) reported a loss of $-0.07 per share, an improvement compared to the loss of $-0.12 per share in the same quarter last year. However, this represents a decline from the previous quarter's earnings of $0.03 per share. Additionally, the company witnessed a decrease in revenue of -5.809%, amounting to $1.59 million compared to $1.69 million in the corresponding quarter a year before. Let's delve deeper into these financial results to gain a better understanding.
Analysis:
The significant decrease in revenue by -5.809% year-over-year is concerning for Video Display Corporation. This decline may be attributed to var...

Video Display Corporation Sees Staggering 200% Surge in Profits, Foreshadowing a Bright Future for Investors

Video Display Corporation (VIDE) has delivered impressive financial results for the time-frame closing August 31, 2023, showcasing significant growth and positive trends across various metrics. These results highlight the company's strong performance and signal a promising future for investors.
One of the most notable achievements by VIDE during this period is the remarkable increase in earnings per share (EPS). Compared to the same quarter last year, EPS more than doubled, growing by an impressive 200% from $0.01 per share to $0.03 per share. Furthermore, the EPS turned positive from a negative $-0.05 per share in the previous quarter. This signifies a significant improvement in profitability and a posi...

Video Display Corporation's Fiscal Year Ending May 31, 2023 Witnesses a Remarkably Substantiated Downturn in Revenue



The recent fiscal results reported by Video Display Corporation (VDC) for the time-frame ending May 31, 2023, have raised concerns about the company's future. With a significant decline in revenue and a continued net loss per share, VDC's financial performance warrants a closer look at how these factors may impact the company going forward.
1. Significant Revenue Meltdown and Net Loss:
During the fiscal time-frame ending May 31, 2023, Video Display Corporation experienced a notable decline in revenue, plummeting by -41.253% to $1.67 million. Additionally, the company reported a net loss per share of $-0.05, remaining the same as the previous fiscal period. These results indicate a challengi...


Date modified: 2024-01-14T10:31:34+00:00





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