Verra Mobility Corp

Verra Mobility Corp. engages in the provision of smart mobility technology solutions and services. It operates through the following segments: Government Solutions, Commercial Services, and Parking Solutions. The Government Solutions segment delivers traffic law enforcement services and products to state and local governments. The Commercial Services segment offers tolling and violation management services to rental car companies, commercial fleet vehicle owners, and violation issuing authorities. The Parking Solutions segment consists of an integrated suite of parking and hardware solutions to its customers. The company was founded in 2004 and is headquartered in Mesa, AZ.

Earnings data Q1 2021

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Verra Mobility exceeds Q4 revenue expectations, eyes growth opportunities

Verra Mobility's strong Q4 performance and solid full-year results set a positive financial trajectory for continued growth in 2023.
Strategic priorities focusing on core business growth, workplace engagement, and safety initiatives position the company for long-term success and innovation.
While facing challenges in revenue fluctuations and regulatory landscapes, Verra Mobility's proactive approach to opportunities in new services and technology investments bodes well for future expansion.
Overall, Verra Mobility's commitment to financial discipline, innovation, and community safety underpins its resilience and growth potential in the evolving mobility solutions market.

Verra Mobility Corp posts robust Q1 results and outlines growth strategies

Verra Mobility Corp delivered strong Q1 2023 results, showcasing revenue growth, margin improvement, and enhanced financial performance.
The company's strategic focus on partnerships, legislative advancements, and cost management underpins its growth trajectory and market positioning.
While facing challenges in market dynamics and regulatory scrutiny, Verra Mobility's positive outlook and robust guidance signal opportunities for sustained growth and value creation.

Verra Mobility Corp reports strong Q2 earnings, raises full-year guidance

Verra Mobility Corp demonstrated robust financial performance in Q2 2023, driven by revenue growth across key segments and a focus on free cash flow conversion.
While facing challenges in margin improvement and capital allocation, the company's strengths in market positioning and revenue diversification offer growth opportunities.
Overall, Verra Mobility's positive outlook, increased revenue guidance, and strategic initiatives position it well for future success and shareholder value creation.

Verra Mobility reports robust Q3 performance and identifies growth opportunities

Verra Mobility's Q3 performance reflects strong revenue growth, successful contract renewals, and a positive outlook for future financial performance. While facing potential regulatory challenges, the company has identified opportunities for revenue expansion and market growth, positioning itself for continued success.

Verra Mobility posts robust Q4 results, eyes growth opportunities

Verra Mobility's strong Q4 performance and strategic focus on reducing leverage position the company for continued growth and financial stability in 2024.
While facing challenges in cashless tolling penetration and potential legislative delays, Verra is poised to capitalize on growth opportunities in various segments.
With a clear roadmap for revenue and EBITDA targets, Verra Mobility aims to maintain market leadership and drive growth through key initiatives and market expansion.

Verra Mobility excels in Q1 2024, eyes growth opportunities

Verra Mobility's Q1 2024 showcased strong financial performance and growth across key segments.
Addressing transactional challenges and focusing on operational enhancements and contract wins.
Opportunities lie in leveraging VMOS, revised leverage targets, and increased guidance for the year.

Verra Mobility Corp reports robust Q3 performance and eyes growth opportunities

Verra Mobility Corp's Q3 performance showcased strong revenue growth, profitability, and cash flow generation, underpinned by robust demand for automated enforcement solutions.
While facing challenges in certain segments and growth projections, the company's strategic measures and financial health position it well for long-term success and capitalizing on opportunities.
Maintaining operational efficiency, pursuing strategic initiatives, and evaluating growth opportunities through M&A and share buybacks are key focus areas for driving future performance and shareholder value.
Overall, Verra Mobility's solid financial health, strong performance, and strategic positioning indicate resilience and potential for sustained growth in the evolving market landscape.

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Verra Mobility Corp. engages in the provision of smart mobility technology solutions. It operates through the following segments: Government Solutions, Commercial Services, and Parking Solutions. The Government Solutions segment offers automated safety solutions to state and local governments. The Commercial Services segment provides toll and violation management solutions by partnering with the fleet management and rental car companies. The Parking Solutions segment includes a suite of parking software and hardware solutions. The company was founded in 2004 and is headquartered in Mesa, AZ.

VERRA MOBILITY CORP (VRRM) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

VERRA MOBILITY CORP (VRRM) Upgraded to Buy: What Does It Mean for the Stock?

MESA, Ariz. , Sept. 14, 2022 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, announced today that Craig Conti, Chief Financial Officer, is scheduled to present and participate in a fireside chat at the Deutsche Bank Leveraged Finance Conference on Tuesday, September 20, 2022, at 11:00 a.m.

Verra Mobility To Present at the Deutsche Bank Leveraged Finance Conference

Already one of the top SPAC IPOs, Verra Mobility has driven 190% EPS growth as VRRM stock navigates a new buy zone. The post Smart Mobility Tech Leader Drives 190% Growth, Tests Buy Zone appeared first on Investor's Business Daily.

Smart Mobility Tech Leader Drives 190% Growth, Tests Buy Zone

Verra Mobility Corporation (NASDAQ:VRRM ) Q2 2022 Earnings Conference Call August 3, 2022 5:00 PM ET Company Participants Mark Zindler - VP, IR David Roberts - CEO Craig Conti - CFO Conference Call Participants Jeff Goldstein - Morgan Stanley Stefanos Crist - CJS Securities Faiza Alwy - Deutsche Bank Louie DiPalma - William Blair Keith Housum - Northcoast Research Operator Good day, and welcome to the Verra Mobility Second Quarter 2022 Earnings Conference Call. Today's conference is being recorded.

Verra Mobility Corporation (VRRM) CEO David Roberts on Q2 2022 Results Earnings Call Transcript

VERRA MOBILITY CORP (VRRM) delivered earnings and revenue surprises of 16% and 4.30%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

VERRA MOBILITY CORP (VRRM) Tops Q2 Earnings and Revenue Estimates

Total revenue of $187.5 million Net income of $29.6 million Generated cash flows from operations of $65.1 million Held inaugural investor day at which management highlighted its growth strategy, long-term outlook and increased financial guidance for 2022 MESA, Ariz. , Aug. 3, 2022 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, announced today the financial results for the quarter ended June 30, 2022.

Verra Mobility Announces Second Quarter Financial Results

VERRA MOBILITY CORP (VRRM) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

VERRA MOBILITY CORP (VRRM) Reports Next Week: Wall Street Expects Earnings Growth

Scopia Capital Management sent a letter to Verra Mobility on July 14, calling for a strategic review process. The note was a surprise for a few reasons.

Scopia Capital pushes for strategic review at Verra Mobility. Here's why it's an unusual request

MESA, Ariz. , July 22, 2022 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, announced today that it will report financial results for the second quarter ended June 30, 2022, after market close on August 3, 2022.

Verra Mobility Schedules Second Quarter 2022 Earnings Call

Verra Mobility boasts a big earnings comeback, offset by concern that shares are undervalued. VRRM stock is flirting with a buy point.

VRRM Stock Seizes Buy Point As Verra Mobility Hikes 2022 Guidance Ahead Of High-Stakes Event

MESA, Ariz. , July 19, 2022 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, announced today that it is raising its full-year guidance in conjunction with its investor day conference.

Verra Mobility Raises Full-Year 2022 Guidance

Enhances toll, violation management and clean air zone compliance solutions for rental, fleets and issuing authorities MESA, Ariz. , July 18, 2022 /PRNewswire/ -- Verra Mobility (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, announced today it is continuing to expand its European operations with new contract wins, partnerships and strategic memberships to further solve complex challenges for rental, fleet and issuing authorities operating within Europe's evolving transportation infrastructure.

Verra Mobility Expands Toll and Violation Management Solutions in Europe with New Partner Agreements

New, single-device nationwide toll management offering New connected vehicle payment solutions Digital license plate processing capabilities Innovative partnership to pilot connected vehicle toll transactions with a California toll authority MESA, Ariz. , July 18, 2022 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, announced today new solutions and capabilities that improve efficiencies, reduce costs and enhance compliance for commercial fleet customers.

Verra Mobility Commercial Services Accelerates Fleet Mobility with New Solutions and Partnerships

MESA, Ariz. , July 6, 2022 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, announced today that it will be hosting an in-person and virtual investor day at 1:00 p.m.

Verra Mobility To Host Investor Day to Highlight Growth Strategy and Long-Term Outlook

MESA, Ariz. , May 31, 2022 /PRNewswire/ -- Verra Mobility (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, announced today that that it will participate in two upcoming investor conferences.

Verra Mobility Announces Participation in Upcoming Investor Conferences in June

MESA, Ariz. , May 10, 2022 /PRNewswire/ -- Verra Mobility (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, announced on Monday, May 9, 2022, that its Board of Directors approved a share repurchase program which authorizes the Company to repurchase up to $125 million of its Class A common stock over the next twelve months.

VERRA MOBILITY ANNOUNCES $125 MILLION SHARE REPURCHASE PROGRAM

Verra Mobility Corporation (NASDAQ:VRRM ) Q1 2022 Earnings Conference Call May 9, 2022 5:00 PM ET Company Participants David Roberts – Chief Executive Officer Craig Conti – Chief Financial Officer Mark Zindler – Vice President, Investor Relations Conference Call Participants Daniel Moore – CJS Securities, Inc. Keith Housum – Northcoast Research Operator Please stand by. Good day and welcome to the Verra Mobility Corporation, First Quarter 2022 earnings call.

Verra Mobility Corporation (VRRM) CEO David Roberts on Q1 2022 Results - Earnings Call Transcript

Total revenue of $170.4 million Net income of $10.0 million Generated cash flows from operations of $31.2 million Strong bookings across all three business segments Renewed the Hertz tolls and violations contract for a 5-year term Expected financial performance at the high-end of guidance ranges Board of Directors authorizes $125 million share repurchase program MESA, Ariz. , May 9, 2022 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, announced today the financial results for the quarter ended March 31, 2022.

Verra Mobility Announces First Quarter Financial Results

Sarah Farrell, a partner at Inclusive, joined Verra's board in late 2021. Here's what could be ahead for the company.

Inclusive Capital spots multiple opportunities for upside with an active ESG focus at Verra

MESA, Ariz. , April 26, 2022 /PRNewswire/ -- Verra Mobility (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, announced today that it will report financial results for the first quarter ended March 31, 2022, after market close on May 9, 2022.

Verra Mobility Schedules First Quarter 2022 Earnings Call

Verra Mobility Corporation (NASDAQ:VRRM ) Q4 2021 Earnings Conference Call April 21, 2022 5:00 PM ET Company Participants Mark Zindler - Vice President, Investor Relations David Roberts - Chief Executive Officer Tricia Chiodo - Chief Financial Officer Craig Conti - Executive Vice President & Incoming Chief Financial Officer Conference Call Participants Daniel Moore - CJS Securities Dave Koning - Baird James Faucette - Morgan Stanley Faiza Alwy - Deutsche Bank Trevor Bowers - Northcoast Research Louie DiPalma - William Blair Operator Good day, and welcome to the Verra Mobility Corporation Fourth Quarter 2021 Earnings Call. My name is Jenny and I will be your conference operator today.

Verra Mobility Corporation (VRRM) CEO David Roberts on Q4 2021 Results - Earnings Call Transcript

Full year 2021 revenue of $550.6 million Full year 2021 cash flows from operations of $193.2 million Completed the installation of 695 cameras for the New York City Department of Transportation with the remainder completed in the first quarter of 2022 Executed five-year contract extension with Fox Rent A Car for tolling services Reiterating 2022 financial guidance MESA, Ariz. , April 21, 2022 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, announced today the financial results for the fourth quarter and full year ended December 31, 2021.

Verra Mobility Announces Fourth Quarter and Full Year 2021 Financial Results

MESA, Ariz. , April 21, 2022 /PRNewswire/ -- Verra Mobility (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, announced today that it will report financial results for the fourth quarter ended December 31, 2021, after market close on April 21, 2022.

Verra Mobility Schedules Fourth Quarter 2021 Earnings Call

New York, New York--(Newsfile Corp. - April 16, 2022) - WHY: Rosen Law Firm, a global investor rights law firm, continues its investigation of potential securities claims on behalf of shareholders of Verra Mobility Corporation (NASDAQ: VRRM) resulting from allegations that Verra may have issued materially misleading business information to the investing public.SO WHAT: If you purchased Verra securities you may be entitled to compensation without payment of any out of pocket fees or costs...

ROSEN, A LEADING LAW FIRM, Encourages Verra Mobility Corporation Investors With Losses Over $100K to Inquire About Securities Class Action Investigation - VRRM

Boston, Massachusetts--(Newsfile Corp. - April 7, 2022) - Block & Leviton is investigating Verra Mobility Corp. (NASDAQ: VRRM) for potential securities law violations. Investors who have lost money in their Verra Mobility Corp. investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://www.blockleviton.com/cases/vrrm.What is this all about?On February 28, 2022, Verra Mobility Corp., a smart mobility technology company, announced it is unable to file form...

Verra Mobility Corp. Investigated by Block & Leviton For Potential Securities Law Violations; Investors Who Have Lost Money Are Encouraged to Contact the Firm

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