Verra Mobility Q3 Earnings Fall to $40.39 Million as Revenue Slips 1.2%

Verra Mobility Corporation (VRRM) reported third-quarter earnings of $40.39 million, or $0.27 per share, down from $46.84 million, or $0.29 per share, in the same period last year. Excluding items, the company posted adjusted earnings of $54.06 million, or $0.36 per share. Revenue for the quarter fell 1.2% to $258.88 million from $261.94 million a year earlier. The company guided full-year EPS to a range of $1.11 to $1.17, with full-year revenue guidance of $945 million to $965 million.