Verra Mobility Reports Q3 Earnings Beat on Both Top and Bottom Lines
Verra Mobility (VRRM) reported third-quarter financial results that exceeded analyst expectations for both earnings per share and revenue. The company posted a Non-GAAP EPS of $0.36, surpassing estimates by $0.10, while revenue reached $258.9 million, beating projections by $19.31 million despite a slight year-over-year decline of 1.1%. Adjusted EBITDA for the quarter was reported at $103.9 million. While the company outperformed consensus estimates, there was a decrease in Adjusted EBITDA compared to the $113.3 million recorded during the same period in the previous year.
Tickers: $VRRM
Topics: adjusted EBITDA earnings beat non-GAAP EPS revenue beat
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