Verra Mobility Corporation (VRRM) Presents at UBS Global Technology and AI Conference 2025 Transcript
Verra Mobility Corp. remains a buy, as fundamentals strengthen, highlighted by the major NYCDOT contract win, removing a key uncertainty. VRRM's Q3 2025 revenue surged 16% y/y, driven by Government Solutions, with recurring revenue set to expand from new camera installations. Balance sheet improvements and legislative changes in California provide further growth levers, while share buybacks enhance shareholder value.
Verra Mobility Corporation ( VRRM ) Q3 2025 Earnings Call October 29, 2025 5:00 PM EDT Company Participants Mark Zindler - Vice President of Investor Relations David Roberts - President, CEO & Director Craig Conti - Executive VP & CFO Conference Call Participants Faiza Alwy - Deutsche Bank AG, Research Division Keith Housum - Northcoast Research Partners, LLC Louie Dipalma - William Blair & Company L.L.C., Research Division David Koning - Robert W.
| Transportation Infrastructure Industry | Industrials Sector | David Martin Roberts CEO | NASDAQ (CM) Exchange | 92511U102 CUSIP |
| US Country | 1,754 Employees | - Last Dividend | - Last Split | 24 Mar 2017 IPO Date |
Verra Mobility Corporation is a leading provider of smart mobility technology solutions and services, with operations extending across the United States, Australia, Canada, and Europe. Established in 2016 and headquartered in Mesa, Arizona, the company focuses on enhancing transportation efficiency and safety through its innovative technology and services. Verra Mobility serves a diverse range of clients, including rental car companies, fleet management companies, large fleet owners, government agencies, municipalities, school districts, law enforcement agencies, universities, parking operators, healthcare facilities, and transportation hubs. The company categorizes its offerings into three main segments: Commercial Services, Government Solutions, and Parking Solutions, each tailored to meet specific needs within the mobility ecosystem.
This segment delivers automated toll and violations management solutions, along with title and registration services. Targeting rental car companies, fleet management companies, and other large fleet owners, Verra Mobility's Commercial Services streamline operations, ensuring compliance and efficiency in fleet management through advanced technology solutions.
Verra Mobility's Government Solutions segment focuses on offering automated safety solutions to national, state, and local government agencies. This includes photo enforcement technologies and services that facilitate the detection and processing of traffic violations, such as red-light, speed, school bus, and city bus lane infractions. By serving municipalities, counties, school districts, and law enforcement agencies, this segment plays a crucial role in enhancing road safety and compliance through state-of-the-art enforcement technologies.
The Parking Solutions segment is designed to support universities, municipalities, parking operators, healthcare facilities, and transportation hubs with an integrated suite of parking software and hardware solutions. This offering aims to simplify and optimize parking management, leveraging technology to enhance the user experience and operational efficiency in various parking environments.