earnings
confidence high
sentiment neutral
materiality 0.75
Verra Mobility Q2 revenue $263.6M (+12% YoY), net loss $(48.2)M on impairments; revises FY guidance
VERRA MOBILITY Corp
- Total revenue $263.6M, up 12% YoY; net loss $(48.2)M vs net income $38.6M in Q2 2025, driven by goodwill and intangible asset impairments.
- Adjusted EPS $0.38 vs $0.34 YoY; Adjusted EBITDA $110.7M (42% margin) vs $105.3M (45% margin).
- Entered seven-year contract extension with Avis Budget Group and five-year extension with Hertz.
- Revising fiscal year 2026 guidance; specific new guidance figures not disclosed in the release.
- Free Cash Flow $32.6M vs $40.3M in prior year; net cash from operations $56.4M.