Verra Mobility Corporation reported total revenue of $261.9 million for the third quarter of 2025 and net income of $46.8 million. Net cash provided from operations was $77.7 million for the period. The company announced a 16 percent revenue growth compared to the third quarter of 2024, mainly attributed to the expansion of the New York City Department of Transportation red-light program through a change order to the existing contract. Verra Mobility also expanded its stock repurchase approval. Based on year-to-date results and fourth-quarter outlook, the company increased its full-year 2025 revenue guidance to a range of $955 million to $965 million, up from the previous range of $925 million to $935 million, while reaffirming all other guidance measures.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Verra Mobility Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: LA09697) on October 29, 2025, and is solely responsible for the information contained therein.
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