Welcome to our dedicated page for Verra Mobility news (Ticker: VRRM), a resource for investors and traders seeking the latest updates and insights on Verra Mobility stock.
Verra Mobility Corporation reports developments in smart mobility technology for commercial fleets, government agencies and parking customers. Its Commercial Services segment provides automated toll and violation management, title and registration services, and connected vehicle payment tools for rental car companies, fleet management companies and large fleet owners.
Recurring news for VRRM includes quarterly financial results, guidance, share repurchases, investor conference participation, product launches such as AutoKinex, and public-sector contracts for red-light, speed, school bus and bus-lane safety programs. Company updates also cover Parking Solutions software, transaction processing and hardware used by universities, municipalities, parking operators, healthcare facilities and transportation hubs in the United States and Canada.
Verra Mobility (NASDAQ: VRRM) announced organizational changes to speed its transformation and sharpen customer focus. The company named Stacey Moser Chief Customer Officer, unifying sales, account management and marketing across Commercial Services and Government Solutions. These steps advance a hybrid model centralizing key corporate functions under the CEO and aim to simplify operations, improve execution and support long-term growth. Executive Vice President of Government Solutions Jon Baldwin will depart on July 9, 2026, while T2 Systems will continue to operate independently under Lin Bo.
Verra Mobility (NASDAQ: VRRM) was selected by the Los Angeles City Council to design, build, operate, and maintain a speed safety camera program across Los Angeles city and county.
The program, part of California’s AB 645 six-city pilot, targets 125 locations expected operational by end of 2026, forming the largest speed safety program in California and focusing on high-injury corridors, data-driven site selection, and privacy and equity safeguards.
Verra Mobility (NASDAQ: VRRM) announced a CEO transition effective immediately. Chief Transformation Officer and EVP & Chief Legal Officer Jon Keyser has been appointed interim President and CEO as David Roberts steps down as President, CEO and Director.
The Board cites a need to realign the cost structure, drive growth and create shareholder value, and has engaged a global executive search firm to identify a permanent CEO, considering both internal and external candidates.
Verra Mobility (NASDAQ:VRRM) received a contract termination notice from Avis Budget Group, effective September 2026. The company is cutting costs, reallocating resources, and intends to protect its contractual rights and intellectual property.
Revised 2026 guidance includes revenue of $985–$995 million, adjusted EBITDA of $380–$385 million, adjusted EPS of $1.19–$1.25, and free cash flow of $140–$150 million. Verra Mobility expects the termination to reduce 2026 annualized Commercial Services revenue by $135–$145 million and segment profit by $120–$125 million before cost actions.
Verra Mobility (NASDAQ: VRRM) reported Q1 2026 results for the quarter ended March 31, 2026. Total revenue was $223.6 million and net income was $26.7 million ($0.17 per diluted share). Adjusted EBITDA was $86.0 million (38% margin).
Net cash provided by operations was $40.8 million; Free Cash Flow was $9.6 million. Net debt was $1,017 million with Net Leverage 2.5x. The company repurchased $50.2 million of shares and reaffirmed full-year 2026 guidance: revenue $1,020–1,030M; Adjusted EBITDA $405–415M; Adjusted EPS $1.32–1.38; FCF $150–160M.
Verra Mobility (NASDAQ: VRRM) will report first quarter 2026 financial results for the period ended March 31, 2026, after market close on May 6, 2026. A conference call and live webcast with CEO David Roberts and CFO Craig Conti will be held at 5:00 p.m. ET on May 6, 2026.
Investors can access the live webcast and a replay on Verra Mobility's Investor Relations website; telephone access requires registration to receive dial-in numbers and a unique PIN.
Verra Mobility (NASDAQ: VRRM) launched AutoKinex™ Virtual Agent on April 15, 2026, a connected-vehicle digital checkout that lets renters confirm rental details and activate add-ons (tolling, prepaid fuel, insurance) via the vehicle infotainment system.
The solution aims to enable counter-bypass, reduce wait times, improve agent efficiency, deliver contextual in-vehicle prompts, integrate with existing rental systems, and scale across fleets. The AutoKinex Virtual Agent is available now.
Verra Mobility (NASDAQ: VRRM) announced that CFO Craig Conti will participate in a fireside chat at the J.P. Morgan Industrials Conference on Tuesday, March 17, 2026, at 9:30 a.m. ET. The presentation offers investors a chance to hear management commentary on strategy and financial priorities.
Verra Mobility (NASDAQ: VRRM) will deploy the city’s first red light cameras at six high-risk Pittsburgh intersections, with the initial cameras expected live in summer 2026. Pittsburgh plans to add six intersections per year, reaching 30 locations by end of 2029. A public education campaign and a 60-day warning period will precede citation issuance. The city cited 750 crashes, including seven fatalities (2019–2023), and joins 337 U.S. cities using automated enforcement, citing past programs that cut violations by 73% and 86% in example jurisdictions.
Verra Mobility (NASDAQ: VRRM) said CEO David Roberts and CFO Craig Conti will participate in a fireside chat at the Morgan Stanley Technology, Media & Telecom Conference on March 3, 2026 at 12:20pm PST. The appearance will cover company developments and financial outlook topics for investors.