---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-062035"
form_type: "8-K"
ticker: "VRRM"
cik: "0001682745"
company_name: "VERRA MOBILITY Corp"
filed_at: "2023-11-09T23:59:59+00:00"
generated_at: "2026-06-08T06:59:24.588491+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Verra Mobility Q3 revenue $209.9M, +6% YoY; net income $30.3M; raises FY guidance; new $100M buyback

## Summary
- Revenue $209.9M (+6% YoY); net income $30.3M ($0.18 diluted EPS) vs $24.6M ($0.15) prior year.
- Adjusted EPS $0.29 vs $0.27; Adjusted EBITDA $97.4M (46% margin) vs $90.9M.
- Commercial Services revenue +14% to $98.1M; Government Solutions +1%; Parking Solutions -2%.
- Company raises full-year 2023 guidance (specific new numbers not disclosed in release).
- Board approves new $100M share repurchase program over 18 months; prior $100M program completed.

## SEC filing metadata
- accession: 0000950170-23-062035
- form_type: 8-K
- ticker: VRRM
- cik: 0001682745
- company_name: VERRA MOBILITY Corp
- filed_at: 2023-11-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 5.03, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1682745/000095017023062035/0000950170-23-062035-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1682745/000095017023062035/vrrm-20231108.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-062035
- JSON: https://secwatch.observer/filing/0000950170-23-062035.json
- Plain text: https://secwatch.observer/filing/0000950170-23-062035.txt

## Key facts
- Earnings Releases
  VERRA MOBILITY Corp reported the third quarter ended September 30, 2023 results: revenue $209.9 million, net income $30.3 million, EPS $0.18 per share. Guidance raised.
  - Period: the third quarter ended September 30, 2023
  - Revenue: $209.9 million
  - Net income: $30.3 million
  - EPS: $0.18 per share
  - Guidance: raised
  - Result: reported results
  source text: 99.1 to this Current Report on Form 8-K. --- EX-99.1 (EX-99.1) --- EX-99.1 Exhibit 99.1 Verra Mobility Announces Third Quarter 2023 Financial Results • Total revenue of $209.9 million • Net income of $30.3 million • Generated cash flows from operations of $62.4 million • Renewed Enterprise Mobility Tolling contract • Increasing 2023 financial guidance • Board
  evidence_url: https://www.sec.gov/Archives/edgar/data/1682745/000095017023062035/0000950170-23-062035-index.htm
- Governance Changes
  VERRA MOBILITY Corp: Amended Bylaws to implement universal proxy rules and other procedural updates (effective 2023-11-08).
  - Change: bylaw amendment
  - Effective: 2023-11-08
  source text: On November 8, 2023, as part of its periodic review of corporate governance matters, the Board of Directors (the “ Board ”) of the Company approved and adopted amendments to the Company’s Amended and Restated Bylaws (the “ Bylaws ”), which became effective immediately (the “ Bylaw Amendments ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1682745/000095017023062035/0000950170-23-062035-index.htm

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