Verra Mobility to Present at the Morgan Stanley Technology, Media & Telecom Conference
Rhea-AI Summary
Verra Mobility (NASDAQ: VRRM) said CEO David Roberts and CFO Craig Conti will participate in a fireside chat at the Morgan Stanley Technology, Media & Telecom Conference on March 3, 2026 at 12:20pm PST. The appearance will cover company developments and financial outlook topics for investors.
Positive
- None.
Negative
- None.
Key Figures
Market Reality Check
Peers on Argus
Peer momentum data flag mixed moves: APLD up 0.58% and GLOB down 3.85%, while other peers show varied single-day changes (e.g., SAIC +1.17%, CNXC +2.35%, INGM -3.30%). With no clear, shared direction and no same-day peer news, this conference appearance looks stock-specific rather than part of a sector-wide move.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Feb 24 | Earnings results | Positive | +0.8% | Reported solid 2025 revenue, earnings growth and issued 2026 guidance. |
| Feb 19 | Contract award | Positive | -0.3% | Won 10-year Hawaii traffic enforcement contract with major camera expansion. |
| Feb 11 | Contract finalization | Positive | -0.5% | Finalized new five-year $998M NYCDOT enforcement and expansion contract. |
| Feb 09 | Earnings scheduling | Neutral | -1.7% | Announced date and time for Q4 2025 earnings call and webcast. |
| Feb 04 | Industry recognition | Positive | +3.9% | Named to 2026 GovTech 100 list for sixth consecutive year. |
Recent substantive contract wins and earnings have generally been received positively or with mild divergence, with occasional selloffs on otherwise favorable news.
Over the last month, Verra Mobility reported strong 2025 results with full-year revenue of $979.1 million and a major new $998 million NYCDOT contract, followed by detailed annual disclosures in its 10-K and 8-K. It also secured a 10-year, roughly $160 million Hawaii enforcement contract and earned a sixth consecutive GovTech 100 recognition. Price reactions have been mixed: some positive news (like large contracts) saw slight declines, while recognition-focused headlines produced a stronger positive move, highlighting inconsistent short-term trading responses to otherwise constructive developments.
Market Pulse Summary
This announcement highlights Verra Mobility’s participation in a high-profile Morgan Stanley Technology, Media & Telecom Conference, giving management a platform to discuss recent earnings, major contracts, and strategic priorities. In light of mixed past price reactions to positive fundamentals, investors may focus on how commentary at the event reinforces or refines existing guidance. Key items to monitor include updates related to large government contracts, capital allocation decisions, and any changes to growth or margin expectations relative to prior disclosures.
AI-generated analysis. Not financial advice.
About Verra Mobility
Verra Mobility Corporation (NASDAQ: VRRM) is a leading provider of smart mobility technology solutions that make transportation safer, smarter and more connected. The Company sits at the center of the mobility ecosystem, bringing together vehicles, hardware, software, data and people to enable safe, efficient solutions for customers globally. Verra Mobility's transportation safety systems and parking management solutions protect lives, improve urban and motorway mobility and support healthier communities. The Company also solves complex payment, utilization and compliance challenges for fleet owners and rental car companies. Headquartered in
Forward Looking Statements
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include, but are not limited to, statements about Verra Mobility's plans, objectives, expectations, beliefs and intentions and other statements including words such as "hope," "anticipate," "may," "believe," "expect," "intend," "will," "should," "plan," "estimate," "predict," "continue" and "potential" or the negative of these terms or other comparable terminology. Forward-looking statements are based on management's current expectations as of the date of this release and involve risks and uncertainties that could cause actual results to differ materially. Verra Mobility undertakes no obligation to update these statements. This press release should be read in conjunction with the information included in Verra Mobility's other press releases, reports, and other filings with the SEC and on the SEC website, www.sec.gov, as well as information available on its corporate website and investor relations website.Understanding the information contained in these filings and on the corporate and investor relations websites is important to fully understand Verra Mobility's reported financial results and our business outlook for future periods.
Additional Information
We periodically provide information for investors on our corporate website, www.verramobility.com, and our investor relations website, ir.verramobility.com. We intend to use our website as a means of disclosing material non-public information and for complying with disclosure obligations under Regulation FD. Accordingly, investors should monitor our website, in addition to following the Company's press releases, SEC filings and public conference calls and webcasts.
Media Relations: | Investor Relations: |
Eric Krantz | Mark Zindler |
View original content to download multimedia:https://www.prnewswire.com/news-releases/verra-mobility-to-present-at-the-morgan-stanley-technology-media--telecom-conference-302697517.html
SOURCE Verra Mobility