Welcome to our dedicated page for Verra Mobility news (Ticker: VRRM), a resource for investors and traders seeking the latest updates and insights on Verra Mobility stock.
Verra Mobility Corporation (NASDAQ: VRRM) is a leader in smart mobility solutions, specializing in transportation safety technologies, automated tolling systems, and data-driven urban mobility platforms. This page aggregates official company news and press releases, providing stakeholders with timely updates on strategic developments.
Access critical information including earnings announcements, technology partnerships, and regulatory milestones. Investors and industry observers will find updates on VRRM's Commercial Services, Government Solutions, and Parking Innovations segments, all essential for understanding its role in modernizing transportation infrastructure.
Content spans product launches, acquisition activity, and safety technology advancements, curated to support informed analysis. Bookmark this page for streamlined access to Verra Mobility's latest progress in connected vehicle ecosystems and traffic management solutions.
Verra Mobility, a smart mobility technology solutions provider, partners with Polk County Public Schools in Florida to equip over 500 school buses with safety camera technology. The program aims to enforce school bus stop-arm safety laws to protect children on their commute, with the goal of reducing reckless driving behavior and increasing road safety for students.
Verra Mobility (NASDAQ: VRRM) announced its first quarter 2024 financial results, reporting total revenue of $209.7 million, net income of $29.1 million, and cash flows from operations of $34.3 million. The company saw strong revenue growth across its operating segments and increased its 2024 financial guidance. Adjusted EPS was $0.27 per share, and adjusted EBITDA was $92.8 million. Verra Mobility also refinanced its 2021 Term Loan and settled a legal dispute with PlusPass, Inc. by acquiring assets and resolving all litigation.
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