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.

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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's (VRRM) CEO David Roberts on Q3 2020 Results - Earnings Call Transcript

MESA, Ariz., Nov. 2, 2020 /PRNewswire/ -- Verra Mobility (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, today announced the appointment of Patrick J. Byrne to the Board of Directors, effective November 2, 2020. Mr. Byrne will serve as a member of the Company's...

Verra Mobility Announces Appointment of Patrick J. Byrne to Board of Directors

MESA, Ariz., Oct. 22, 2020 /PRNewswire/ -- Verra Mobility (NASDAQ: VRRM), a global leader in smart transportation, today announced that it will report financial results for the third quarter ended September 30, 2020, after market close on Thursday, November 5, 2020. Verra Mobility will...

Verra Mobility to Report Third Quarter 2020 Financial Results

MESA, Ariz.--(BUSINESS WIRE)--Verra Mobility (NASDAQ: VRRM), a global leader in smart transportation, announced that it has been awarded multi-year contracts with three New York counties to deploy CrossingGuard™, an automated stop arm photo enforcement solution that enhances safety by reducing the number of vehicles that illegally pass a school bus as children enter and exit. The recently awarded contracts include Broome County, Oneida County, and Orange County. Combined, these counties account

Three New York Counties Partner with Verra Mobility to Implement School Bus Stop Arm Safety Camera Programs

Verra Mobility's (VRRM) CEO David Roberts on Q2 2020 Results - Earnings Call Transcript

Shares of Verra Mobility (NASDAQ:VRRM) were unchanged in after-market trading after the company reported Q2 results.

Recap: Verra Mobility Q2 Earnings

MESA, Ariz., Aug. 6, 2020 /PRNewswire/ -- Verra Mobility (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, announced today financial results for the three and six months ended June 30, 2020.

Verra Mobility Announces Second Quarter 2020 Financial Results

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Gores Group Launches Its Fifth SPAC. Should You Invest?

MESA, Ariz., July 22, 2020 /PRNewswire/ -- Verra Mobility (NASDAQ: VRRM), a global leader in smart transportation, today announced that it will report financial results for the second quarter ended June 30, 2020, after market close on Thursday, August 6, 2020.

Verra Mobility to Report Second Quarter 2020 Financial Results

MESA, Ariz., May 28, 2020 /PRNewswire/ -- Verra Mobility (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, today announced its scheduled virtual participation at the following upcoming investor conferences: R.W. Baird Global Consumer, Technology & Services...

Verra Mobility to Present at Upcoming Investor Conferences

Better-than-expected earnings are giving it a boost.

Why Verra Mobility Stock Is Rising Today

Verra Mobility's (VRRM) CEO David Roberts on Q1 2020 Results - Earnings Call Transcript

Verra Mobility Corporation (VRRM) CEO David Roberts on Q4 2019 Results - Earnings Call Transcript

Verra Mobility: An Overlooked High-Margin, Wide-Moat Business

Verra Mobility Corporation's (VRRM) CEO David Roberts on Q3 2019 Results - Earnings Call Transcript

Verra Mobility (VRRM) to complete the Pagatelia acquisition soon. The buyout will likely strengthen the company's offerings (parking and tolling) to fleet and rental car companies in Europe.

News for Verra Mobility Corp Stock (VRRM)