Verra Mobility (VRRM) Tops Q3 EPS by 6c, Revenues Beat

Verra Mobility (NASDAQ: VRRM) reported Q3 EPS of $0.04, $0.06 better than the analyst estimate of ($0.02). Revenue for the quarter came in at $96.9 million versus the consensus estimate of $93.54 million.

"We are very pleased with the Company's performance in the third quarter, including modest signs of improvement in Commercial Services, continued strength in Government Solutions and a return to profitability with very strong cash flow generation," said David Roberts, Chief Executive Officer, Verra Mobility. "Despite the ongoing challenges presented to our business, we continue to see strong margins and incremental contract wins that further demonstrate the strength of our model and importance of our mission."

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

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