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

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

NEW YORK , April 5, 2022 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate 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 through a contingency fee arrangement.

ROSEN, SKILLED INVESTOR COUNSEL, Encourages Verra Mobility Corporation Investors to Inquire About Securities Class Action Investigation - VRRM

New York, New York--(Newsfile Corp. - April 1, 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 INVESTOR RIGHTS LAW FIRM, Encourages Verra Mobility Corporation Investors with Losses to Inquire About Securities Class Action Investigation - VRRM

MESA, Ariz. , March 31, 2022 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ: VRRM) (the " Company "), a leading provider of smart mobility solutions, announced today that it is continuing to finalize its financial statements for the fiscal year ended December 31, 2021, and complete the related Audit Committee investigation described in the Company's Form 12b-25 filing issued on February 28, 2022.

VERRA MOBILITY PROVIDES UPDATE ON YEAR END FINANCIAL STATEMENTS AND PROVIDES 2022 FINANCIAL GUIDANCE

NEW YORK , March 26, 2022 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Verra Mobility Corporation ("Verra" or the "Company") (NASDAQ: VRRM).  Such investors are advised to contact Robert S.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Verra Mobility Corporation - VRRM

New York, New York--(Newsfile Corp. - March 24, 2022) - WHY: New York, N.Y., March 24, 2022. 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...

VRRM SHAREHOLDER ALERT: ROSEN, TRUSTED NATIONAL TRIAL COUNSEL, Encourages Verra Mobility Corporation Investors with Losses in Excess of $100K to Inquire About Securities Class Action Investigation - VRRM

MESA, Ariz., March 23, 2022 /PRNewswire/ -- Verra Mobility (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, announced today the appointment of Jon Baldwin as Executive Vice President of Government Solutions, effective April 4, 2022.

Verra Mobility Appoints Jon Baldwin as EVP of Government Solutions

LOS ANGELES--(BUSINESS WIRE)---- $VRRM #VRRM--The Schall Law Firm Encourages Investors in Verra Mobility Corporation with Losses of $100,000 to Contact the Firm

INVESTIGATION REMINDER: The Schall Law Firm Encourages Investors in Verra Mobility Corporation with Losses of $100,000 to Contact the Firm

INVESTIGATION ALERT: The Schall Law Firm Encourages Investors in Verra Mobility Corporation with Losses of $100,000 to Contact the Firm

New York, New York--(Newsfile Corp. - March 13, 2022) - WHY: New York, N.Y., March 13, 2022. 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...

VRRM Investor Notice: ROSEN, A Leading Law Firm, Encourages Verra Mobility Corporation Investors with Losses Exceeding $100K to Inquire About Securities Class Action Investigation - VRRM

MESA, Ariz., March 8, 2022 /PRNewswire/ -- Verra Mobility (NASDAQ: VRRM) (the "Company") announced today that it received a written notice from The Nasdaq Stock Market LLC ("Nasdaq") on March 3, 2022, stating that because the Company has not yet filed its Form 10-K for the year ended December 31, 2021 (the "Form 10-K"), it is no longer in compliance with Nasdaq Listing Rule 5250(c)(1), which requires listed companies to timely file all required periodic financial reports with the Securities and Exchange Commission (the "SEC").

Verra Mobility Announces Receipt of Notice from Nasdaq Regarding Late Filing of Annual Report on Form 10-K

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, continues its investigation on behalf of Verra Mobility Corporation (“Verra” or the “Company”) (NASDAQ: VRRM) investors concerning the Company's possible violations of the federal securities laws. If you suffered a loss on your Verra investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities laws, you can submit your

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Continues Its Investigation of Verra Mobility Corporation (VRRM) on Behalf of Investors

NEW YORK--(BUSINESS WIRE)--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 through a contingency fee arrangem

EQUITY ALERT: ROSEN, A LEADING LAW FIRM, Encourages Verra Mobility Corporation Investors with Losses to Inquire About Securities Class Action Investigation – VRRM

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz continues its investigation of Verra Mobility Corporation (“Verra” or the “Company”) (NASDAQ: VRRM) on behalf of investors concerning the Company's possible violations of federal securities laws. If you are a shareholder who suffered a loss, click here to participate. On February 28, 2022, Verra announced that revenues from its recently acquired Australian subsidiary, Redflex Holdings Limited, were not recorded in accordance with ge

The Law Offices of Frank R. Cruz Continues Its Investigation of Verra Mobility Corporation (VRRM) on Behalf of Investors

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith continues its investigation on behalf of Verra Mobility Corporation (“Verra” or the “Company”) (NASDAQ: VRRM) investors concerning the Company's possible violations of federal securities laws. On February 28, 2022, Verra announced that revenues from its recently acquired Australian subsidiary, Redflex Holdings Limited, were not recorded in accordance with generally accepted accounting principles. The Company's Audit Committee was in

INVESTOR ALERT: Law Offices of Howard G. Smith Continues Its Investigation of Verra Mobility Corporation (VRRM) on Behalf of Investors

MESA, Ariz., March 4, 2022 /PRNewswire/ -- Verra Mobility (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, announced today the appointment of Craig Conti as Executive Vice President and Chief Financial Officer, effective April 11, 2022.

Verra Mobility Appoints Craig Conti as Chief Financial Officer

NEW YORK--(BUSINESS WIRE)-- #Action--Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Verra Mobility Corporation (“Verra Mobility” or the “Company”) (NASDAQ: VRRM) on behalf of Verra Mobility stockholders. Our investigation concerns whether Verra Mobility has violated the federal securities laws and/or engaged in other unlawful business practices. Click here to participate in the action. On February 28, 2022, Verra Mobility an

VERRA MOBILITY ALERT: Bragar Eagel & Squire, P.C. is Investigating Verra Mobility Corporation on Behalf of Verra Mobility Stockholders and Encourages Investors to Contact the Firm

Atlanta, Georgia--(Newsfile Corp. - March 2, 2022) - Holzer & Holzer, LLC is investigating whether Verra Mobility Corporation ("Verra Mobility" or the "Company") (NASDAQ: VRRM) complied with federal securities laws. On February 28, 2022, Verra Mobility disclosed it "determined that revenues from the Company's recently acquired Australian subsidiary. . . may not have been recorded in accordance with generally accepted accounting principles" and that the Company's audit committee is investigating the issue. Following this disclosure,...

SHAREHOLDER ALERT: Investigation of Verra Mobility (VRRM) Announced by Holzer & Holzer, LLC

MESA, Ariz., Feb. 28, 2022 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ: VRRM), a leading provider of smart technology solutions, announces its filing of a Form 12b-25 with the Securities and Exchange Commission (" SEC ") to disclose that it will not be able to file its Form 10-K by its due date of March 1, 2022, and is not expected to do so within the 15-day extension period allowed by the Form.

Verra Mobility Files SEC Form 12B-25; Provides Business Update

VERRA MOBILITY CORP (VRRM) doesn't possess 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) Earnings Expected to Grow: Should You Buy?

Alithya Group

BCB Bancorp

Northeast Community Bancorp

BCBP, VRRM, NECB, and ALYA qualified the screen for breakout stocks for today.

4 Affordable Breakout Stocks for Stunning Returns

MESA, Ariz., Feb. 7, 2022 /PRNewswire/ -- Verra Mobility (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, announced today that the New York City Department of Transportation exercised its second three-year renewal option under its photo enforcement contract with Verra Mobility.

Verra Mobility Receives Contract Renewal from New York City

MESA, Ariz., Jan. 3, 2022 /PRNewswire/ -- Verra Mobility (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, announced today that Sarah Farrell has been appointed as a new director, filling the vacancy on the Board after the resignation of Jacob Kotzubei on December 17, 2021.

Verra Mobility Announces Appointment of Sarah Farrell to its Board of Directors

MESA, Ariz., Dec. 28, 2021 /PRNewswire/ -- Verra Mobility (NASDAQ: VRRM), a leading provider of smart mobility technology solutions and the country's largest provider of red-light and speed safety cameras, released today a video of 2021's most egregious red-light runners.

2021's Worst Red-Light Runners Caught on Video

MESA, Ariz., Dec. 7, 2021 /PRNewswire/ -- Verra Mobility (NASDAQ: VRRM) ("Verra Mobility" or the "Company"), a leading provider of smart mobility technology solutions, announced today the pricing of an underwritten public offering of 8,207,821 shares of its Class A Common Stock by a selling stockholder of the Company.

Verra Mobility Announces Pricing Of Public Offering Of Common Stock By A Selling Stockholder

MESA, Ariz., Dec. 7, 2021 /PRNewswire/ -- Verra Mobility (NASDAQ: VRRM) ("Verra Mobility" or the "Company"), a leading provider of smart mobility technology solutions, announced today that one of its principal shareholders, an affiliate of Platinum Equity, LLC (the "Selling Stockholder"), has commenced a secondary offering of 8,207,821 shares of its Class A common stock (the "Offering").

News for Verra Mobility Corp Stock (VRRM)