---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-017897"
form_type: "8-K"
ticker: "VRRM"
cik: "0001682745"
company_name: "VERRA MOBILITY Corp"
filed_at: "2023-05-04T23:59:59+00:00"
generated_at: "2026-06-15T22:19:46.455696+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Verra Mobility Q1 revenue up 13% to $191.9M; Adjusted EPS $0.26 vs $0.22

## Summary
- Total revenue $191.9M, +13% YoY; service revenue grew 15%.
- Net income $4.6M ($0.03 diluted EPS) vs $10.0M ($0.06); includes $2.8M loss on interest rate swap.
- Adjusted EPS $0.26 vs $0.22; Adjusted EBITDA $87.9M (46% margin) vs $75.3M (44%).
- Segments: Commercial Services +17% to $85.6M; Government Solutions +9% to $85.9M; Parking +12% to $20.3M.
- Reaffirmed 2023 guidance; generated $45.2M cash from operations.

## SEC filing metadata
- accession: 0000950170-23-017897
- form_type: 8-K
- ticker: VRRM
- cik: 0001682745
- company_name: VERRA MOBILITY Corp
- filed_at: 2023-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1682745/000095017023017897/0000950170-23-017897-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1682745/000095017023017897/vrrm-20230504.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-017897
- JSON: https://secwatch.observer/filing/0000950170-23-017897.json
- Plain text: https://secwatch.observer/filing/0000950170-23-017897.txt

## Key facts
- Earnings Releases
  VERRA MOBILITY Corp reported for the quarter ended March 31, 2023 results: revenue $191.9 million, net income $4.6 million, EPS $0.03 per share. Guidance reaffirmed.
  - Period: for the quarter ended March 31, 2023
  - Revenue: $191.9 million
  - Net income: $4.6 million
  - EPS: $0.03 per share
  - Guidance: reaffirmed
  - Result: reported results
  source text: Verra Mobility Announces First Quarter 2023 Financial Results • Total revenue of $191.9 million • Net income of $4.6 million • Generated cash flows from operations of $45.2 million • Reaffirming 2023 guidance
  evidence_url: https://www.sec.gov/Archives/edgar/data/1682745/000095017023017897/0000950170-23-017897-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.