Verra Mobility Announces Third Quarter 2024 Financial Results
1. Verra Mobility's Q3 revenue reached $225.6 million, growing 7% year-over-year. 2. Net income for Q3 2024 was $34.7 million, a 14.8% increase from last year. 3. Adjusted Free Cash Flow increased significantly to $85.1 million from $52.0 million. 4. 2024 financial guidance reaffirmed; Adjusted Free Cash Flow guidance raised to upper-end. 5. Net leverage decreased from 2.5x to 2.2x, improving financial stability.