NASDAQ$VRRM
Verra Mobility Corporation · Q4 2022 earnings
Q4 2022 earnings · · Investor relations
Briefing
Verra Mobility reported a revenue increase driven by Commercial Services and Government Solutions segments and net income growth compared to the same period last year.
Verra Mobility announced its Q4 2022 financial results, with revenue reaching $186.1 million, a 9% increase compared to Q4 2021. Net income was $28.2 million, or $0.13 per share, compared to $19.1 million, or $0.12 per share in Q4 2021. Adjusted EPS was $0.25 per share, compared to $0.24 per share for the same period last year. Adjusted EBITDA was $83.6 million, compared to $80.0 million for the same period last year.
- Total revenue for the fourth quarter of 2022 was $186.1 million, an increase of 9% compared to $170.0 million for the fourth quarter of 2021.
- Net income for the fourth quarter of 2022 was $28.2 million, or $0.13 per share.
- Adjusted EPS for the fourth quarter of 2022 was $0.25 per share compared to $0.24 per share for the fourth quarter of 2021.
- Adjusted EBITDA was $83.6 million for the fourth quarter of 2022 compared to $80.0 million for the same period last year.
Headline financials
Revenue & EPS history
Verra Mobility · Revenue · Quarterly
$186M
Revenue by segment
Verra Mobility · $186M total across 3 segments · Q4 2022
- Government Solutions$84.6M-7.9%45.5%
- Commercial Services$81.6M+14.1%43.8%
- Parking Solutions$19.9M+206.2%10.7%
Forward guidance
Verra Mobility provided full year 2023 guidance including revenue between $780 million and $800 million, Adjusted EBITDA between $360 million and $370 million, Adjusted EPS between $1.00 and $1.10, and Free Cash Flow between $135 million and $155 million.
Tailwinds
- Total revenue of $780 million to $800 million
- Adjusted EBITDA of $360 million to $370 million
- Adjusted EPS of $1.00 to $1.10
- Free Cash Flow of $135 million to $155 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 Q4 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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