secwatch.observer — SEC 8-K summary
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Issuer:     VERRA MOBILITY Corp (VRRM)
CIK:        0001682745
Form:       8-K
Filed at:   2022-11-02T23:59:59+00:00
Accession:  0000950170-22-021237
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Verra Mobility Q3 revenue $197.7M (+22% YoY); adjusted EBITDA $90.9M; guidance at high end
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- Net income of $24.6M ($0.15 diluted EPS); adjusted EPS of $0.27 vs $0.26 year ago.
- Commercial Services revenue $86.1M (+11%); Government Solutions $89.7M (+6%); Parking Solutions $21.9M.
- Operating cash flow of $52.4M in Q3; YTD cash from ops $148.8M.
- Repurchased $125M of shares in 2022 via ASR and open market transactions.
- Company expects full-year 2022 performance at higher end of prior guidance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1682745/000095017022021237/0000950170-22-021237-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1682745/000095017022021237/vrrm-20221102.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-021237

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