Verra Mobility reports Q2 adjusted EPS 29c, consensus 27c

Reports Q2 revenue $204.5M, consensus $204.5M. “We delivered an outstanding second quarter, highlighted by strong recurring revenue growth and free cash flow generation,” said David Roberts, CEO. “I am incredibly pleased with our operating performance and am optimistic about our future. The underlying key trends driving our Commercial Services business are strong and durable. We have a very favorable environment driving the future of our Government Solutions business, and we have prime opportunities for future growth and profitability for our Parking Solutions business to address university and municipality parking trends.”