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Dec 31, 2023
Verra Mobility Q4 2023 Earnings Report
Verra Mobility's Q4 2023 financial results were announced, showcasing revenue growth and adjusted EBITDA performance.
Key Takeaways
Verra Mobility reported a 13% increase in revenue for Q4 2023, reaching $211.0 million. Net income was $3.0 million, or $0.02 per share, while adjusted EPS was $0.24. Adjusted EBITDA was $91.3 million, representing 43% of total revenue.
Total revenue for Q4 2023 was $211.0 million, a 13% increase year-over-year.
Net income for Q4 2023 was $3.0 million, or $0.02 per share.
Adjusted EPS for Q4 2023 was $0.24 per share.
Adjusted EBITDA for Q4 2023 was $91.3 million, with a margin of 43%.
Revenue by Segment
Forward Guidance
Verra Mobility provided full year 2024 guidance, including revenue between $865 million and $880 million, Adjusted EBITDA between $395 million and $405 million, Adjusted EPS between $1.15 and $1.20, and Adjusted Free Cash Flow between $155 million and $165 million.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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