---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-052116"
form_type: "8-K"
ticker: "VRRM"
cik: "0001682745"
company_name: "VERRA MOBILITY Corp"
filed_at: "2024-05-02T23:59:59+00:00"
generated_at: "2026-06-03T00:37:37.814108+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Verra Mobility Q1 revenue $209.7M (+9% YoY); net income $29.1M; raises full-year guidance

## Summary
- Revenue $209.7M (+9% YoY); net income $29.1M vs $4.6M; adjusted EPS $0.27 vs $0.26.
- Commercial Services rev +12% to $95.9M; Government Solutions +10% to $94.2M; Parking Solutions -3% to $19.7M.
- Adjusted EBITDA $92.8M (44% margin) vs $87.9M (46% margin) YoY.
- Operating cash flow $34.3M; refinanced Term Loan to SOFR+2.75%, no quarterly principal payments.
- Increased FY2024 guidance; PlusPass litigation resolved with $31.5M accrual paid in Q1.

## SEC filing metadata
- accession: 0000950170-24-052116
- form_type: 8-K
- ticker: VRRM
- cik: 0001682745
- company_name: VERRA MOBILITY Corp
- filed_at: 2024-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1682745/000095017024052116/0000950170-24-052116-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1682745/000095017024052116/vrrm-20240502.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-052116
- JSON: https://secwatch.observer/filing/0000950170-24-052116.json
- Plain text: https://secwatch.observer/filing/0000950170-24-052116.txt

## Key facts
- Earnings Releases
  VERRA MOBILITY Corp reported first quarter ended March 31, 2024 results: revenue $209.7 million, net income $29.1 million, EPS $0.17 per share. Guidance raised.
  - Period: first quarter ended March 31, 2024
  - Revenue: $209.7 million
  - Net income: $29.1 million
  - EPS: $0.17 per share
  - Guidance: raised
  - Result: reported results
  source text: Verra Mobility Announces First Quarter 2024 Financial Results • Total revenue of $209.7 million • Net income of $29.1 million • Generated cash flows from operations of $34.3 million • Increasing 2024 financial guidance
  evidence_url: https://www.sec.gov/Archives/edgar/data/1682745/000095017024052116/0000950170-24-052116-index.htm

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