VRRM Q3 2023 Earnings — Verra Mobility Corporation Revenue & Financial Results | Market Cap Arena

VRRMVerra Mobility Corporation

$3B

Q3 2023 Earnings

Technology Information Technology Services

Income Statement

Revenue

$210M+6.2% YoY

Gross Profit

$198M94.3% margin

Operating Income

$59M28.2% margin

Net Income

$30M14.4% margin

EPS (Diluted)

$0.18

QoQ Revenue Growth

+2.7%

Cash Flow

Operating Cash Flow

$62M

Free Cash Flow

$52M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$1.8B

Total Liabilities

$1.4B

Stockholders' Equity

$404M

Cash & Equivalents

$114M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$210M	$198M	+6.2%
Gross Profit	$198M	$182M	+8.6%
Operating Income	$59M	$45M	+30.1%
Net Income	$30M	$25M	+23.3%

Revenue Segments

Service

$201M96%

Product

$9M4%

Geographic Segments

AUSTRALIA

$13M52%

CANADA

$7M25%

UNITED KINGDOM

$5M19%

Other Customer

$1M4%