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Verra Mobility — Third Quarter 2026 Earnings Summary

Verra Mobility reported third-quarter 2026 total revenue of $258.9 million and net income of $40.4 million, reflecting a 1% revenue decline driven by a 14% drop in its Commercial Services segment. The company recorded $64.0 million in goodwill and $40.4 million in intangible asset impairments within its Parking Solutions segment during the nine months ended September 30, 2026. Leadership changes include the appointment of Jon Newhard as President and CEO effective November 1, 2026, and Matthew Kvarda as Interim CFO effective November 5, 2026. Verra Mobility reaffirmed its full-year 2026 guidance, projecting total revenue between $945 million and $965 million and adjusted EBITDA between $360 million and $370 million.

Company
VERRA MOBILITY CORP
Sector
Industrials
Industry
Infrastructure Operations