Verra Mobility Q2 2024 revenue up 9% to $222.4M, net income $34.2M, reaffirms FY guidance

VERRA MOBILITY Corp

2024-Q2 EPS reported $0.38 revenue$55,222,000

Revenue $222.4M (+9% YoY), net income $34.2M ($0.20 EPS) vs $19.1M ($0.13) last year.
Adjusted EBITDA $102.2M, margin 46%; adjusted EPS $0.31 vs $0.29 YoY.
Government Solutions revenue +11% to $97.7M; Commercial Services +10% to $104.0M; Parking -5% to $20.7M.
Repurchased 2.0M shares for $51.5M in June 2024; $48.5M remains under $100M program.
Reaffirmed 2024 full-year guidance; strong bid pipeline for automated enforcement programs.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.