earnings
confidence high
sentiment positive
materiality 0.75
Verra Mobility Q3 net income $27.3M; CFO to retire in Q2 2022
VERRA MOBILITY Corp
2021-Q3 EPS reported
$0.14
revenue$23,392,000
- Q3 revenue $162.1M (+67% YoY); net income $27.3M ($0.14 diluted EPS).
- Adjusted EPS $0.27 vs $0.17; Adjusted EBITDA $82.1M (51% margin).
- Commercial Services revenue $77.3M (+75% YoY); Government Solutions $84.8M (+61% YoY).
- CFO Tricia Chiodo to retire in Q2 2022; search for successor underway; no dispute.
- Cash from operations $129.3M YTD; net debt $871.4M; $62.2M revolver available.