VRRM Q2 2020 Earnings — Verra Mobility Corporation Revenue & Financial Results | Market Cap Arena

VRRMVerra Mobility Corporation

$3B

Q2 2020 Earnings

Technology Information Technology Services

Income Statement

Revenue

$80M-27.2% YoY

Gross Profit

$70M87.4% margin

Operating Income

-$7M-8.7% margin

Net Income

-$24M-29.7% margin

EPS (Diluted)

$-0.10

QoQ Revenue Growth

-31.6%

Cash Flow

Operating Cash Flow

$8M

Free Cash Flow

$2M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$1.4B

Total Liabilities

$1.0B

Stockholders' Equity

$332M

Cash & Equivalents

$113M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$80M	$110M	-27.2%
Gross Profit	$70M	$105M	-33.6%
Operating Income	-$7M	$18M	-139.4%
Net Income	-$24M	$4M	-760.6%

Revenue Segments

Service

$63M79%

Product

$17M21%