VirTra, Inc. (OTCQX: VTSI) recently announced its financial results for the third quarter ended September 30, 2017. In addition to achieving 54% revenue growth year over year, gross profit increased 84% and net income totaled $742,000 compared to a net loss of $10,000. Business highlights for the quarter include applying for uplisting on the Nasdaq, signing $2.6 million in contracts with the U.S. Dept. of Homeland Security, appointing Judy Henry as CFO, achieving ISO 9001:2015 Quality Compliance for its new machine shop, and expanding the Board of Directors.
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About VirTra, Inc.
VirTra is a global provider of simulators for the law enforcement, military, educational 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. VirTra’s mission is to save and improve lives worldwide through realistic and highly-effective virtual reality and simulator technology. Learn more about VirTra at www.VirTra.com.
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