Verra Mobility (VRRM) Reports Q3 Revenues of $107.6M

Verra Mobility (NASDAQ: VRRM) reported Q3 revenue for the quarter came in at $107.6 million.

"During the third quarter we executed on our strategy of growing the core business, while integrating two strategic acquisitions and investing in new product offerings," said David Roberts, Chief Executive Officer of Verra Mobility. "We are committed to serving our customers and communities by making transportation safer, easier and more connected."

David Roberts, Verra Mobility's CEO, remarked, "Our recent acquisitions are performing well and we are achieving our synergy targets. Segment profit margins for Commercial Services were nearly 69% for the quarter. We expect to end the year strong and ahead of revenue and profit estimates."

For earnings history and earnings-related data on Verra Mobility (VRRM) click here.

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