MESA, Ariz. , May 10, 2022 /PRNewswire/ -- Verra Mobility (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, announced on Monday, May 9, 2022 , that its Board of Directors approved a share repurchase program which authorizes the Company to repurchase up to $125 million of
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Verra Mobility serves the world's largest commercial fleets and rental car companies to manage tolling transactions and violations for millions of vehicles. A leading provider of connected systems, Verra Mobility processes millions of transactions each year through connectivity with more than 50 individual tolling authorities and more than 400 issuing authorities. Verra Mobility also fosters the development of safe cities, partnering with law enforcement agencies, transportation departments and school districts across North America operating thousands of red-light, speed, and school bus stop arm safety cameras.
Arizona-based Verra Mobility currently operates in more than 15 countries. For more information, visit www.VerraMobility.com.
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Total revenue of $170.4 million Net income of $10.0 million Generated cash flows from operations of $31.2 million Strong bookings across all three business segments Renewed the Hertz tolls and violations contract for a 5-year term Expected financial performance at the high-end of guidance ranges
MESA, Ariz. , April 26, 2022 /PRNewswire/ -- Verra Mobility (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, announced today that it will report financial results for the first quarter ended March 31, 2022 , after market close on May 9, 2022 .
Full year 2021 revenue of $550.6 million Full year 2021 cash flows from operations of $193.2 million Completed the installation of 695 cameras for the New York City Department of Transportation with the remainder completed in the first quarter of 2022 Executed five-year contract extension with Fox