secwatch.observer — SEC 8-K summary
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Issuer:     VERRA MOBILITY Corp (VRRM)
CIK:        0001682745
Form:       8-K
Filed at:   2025-02-27T23:59:59+00:00
Accession:  0000950170-25-029073
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Verra Mobility Q4 2024 revenue $221.5M (+5% YoY); net loss $66.7M on goodwill impairment; FY2025 guidance issued
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- Full year 2024 revenue $879.2M; net income $31.4M; operating cash flow $223.6M.
- Q4 net loss $(66.7)M, or $(0.41) diluted EPS, due to $97.1M goodwill impairment in Parking Solutions.
- Q4 adjusted EBITDA $102.0M (46% margin), up from $91.3M (43%) YoY; adjusted EPS $0.33 vs. $0.24.
- Commercial Services revenue +4%, Government Solutions +5%; Parking Solutions service revenue -4%.
- Company establishes FY2025 guidance; long-term 2026 revenue and adjusted EBITDA targets reaffirmed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1682745/000095017025029073/0000950170-25-029073-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1682745/000095017025029073/vrrm-20250227.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-029073

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