NASDAQ$VRRM
Verra Mobility Corporation · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
Verra Mobility's financial performance for Q2 2022 demonstrated strong revenue growth and profitability.
Verra Mobility announced strong financial results for the second quarter of 2022, with total revenue of $187.5 million and net income of $29.6 million. The company's performance was driven by favorable secular trends, including robust travel demand and organic growth in both the Commercial Services and Government Solutions segments.
- Total revenue reached $187.5 million, a 46% increase compared to Q2 2021.
- Net income was $29.6 million, or $0.15 per share.
- Adjusted EPS was $0.29 per share, compared to $0.10 per share in Q2 2021.
- Adjusted EBITDA was $88.8 million with a margin of 47%.
Headline financials
Revenue & EPS history
Verra Mobility · Revenue · Quarterly
$21.9M
Revenue by segment
Verra Mobility · $188M total across 3 segments · Q2 2022
- Commercial Services$84.9M+27.7%45.3%
- Government Solutions$83.5M+34.2%44.5%
- Parking Solutions$19.1M—10.2%
Forward guidance
Verra Mobility increased its full-year guidance for total revenue to $720 million - $740 million and adjusted EBITDA to $325 million - $335 million.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2022
+0.0%
Avg return
Earnings day
-0.7%
Avg return
5 days after
-0.4%
Avg return
30 days after
51%
18 / 35 earnings
Positive
+9.4%
Q1 2024
Best reaction
-18.7%
Q3 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -1.2% | -4.8% | -70.3% | |
| Q4 2025 | -13.6% | -10.7% | -25.8% | |
| Q3 2025 | -2.5% | -3.0% | -7.1% | |
| Q1 2025 | +9.1% | +6.0% | +9.7% | |
| Q4 2024 | -11.8% | -16.5% | -22.2% | |
| Q3 2024 | -12.2% | -12.2% | -10.1% | |
| Q2 2024 | +0.6% | -0.6% | -4.3% | |
| Q1 2024 | +9.4% | +11.9% | +12.4% | |
| Q4 2023 | +6.1% | +0.2% | +15.8% | |
| Q3 2023 | +4.6% | +2.5% | +8.2% | |
| Q2 2023 | -1.4% | -5.4% | -13.5% | |
| Q1 2023 | +6.1% | +4.5% | +12.7% | |
| Q4 2022 | +3.0% | +2.0% | -1.8% | |
| Q3 2022 | -18.7% | -22.3% | -5.9% | |
| Q2 2022 | +4.7% | -1.3% | -4.0% | |
| Q1 2022 | +7.2% | +10.3% | +21.7% | |
| Q4 2021 | -1.9% | -6.5% | +2.4% | |
| Q3 2021 | +0.1% | +1.4% | -8.1% | |
| Q2 2021 | +6.0% | +4.4% | -1.8% | |
| Q1 2021 | -0.2% | +1.5% | +1.9% | |
| Q4 2020 | -2.5% | +2.2% | -5.0% | |
| Q3 2020 | +0.9% | +18.5% | +28.0% | |
| Q2 2020 | +3.2% | +2.6% | -6.7% | |
| Q1 2020 | +5.0% | +6.0% | +30.3% | |
| Q4 2019 | -3.9% | -20.4% | -58.5% | |
| Q3 2019 | +2.7% | +0.6% | -2.9% | |
| Q2 2019 | +6.5% | +8.6% | +10.4% | |
| Q1 2019 | +3.0% | +4.7% | +13.6% | |
| Q4 2017 | -1.9% | -2.7% | +25.1% | |
| Q2 2018 | -1.9% | -2.7% | +25.1% | |
| Q4 2018 | -1.9% | -2.7% | +25.1% | |
| Q3 2018 | +4.4% | +3.7% | -1.8% | |
| Q1 2018 | +0.0% | -0.2% | -0.1% | |
| Q2 2017 | +0.0% | -0.5% | -1.1% | |
| Q1 2017 | -5.6% | -3.2% | -4.0% |
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