Verra Mobility (VRRM) Misses Q1 EPS by 1c

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Go back to Verra Mobility (VRRM) Misses Q1 EPS by 1c

Verra Mobility Announces First Quarter Financial Results

May 9, 2022 4:05 PM EDT

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... More