Verra Mobility Corporation - Class A Common Stock (VRRM)
26.39
-0.34 (-1.27%)
Verra Mobility Corp is a leading provider of smart transportation solutions that enhance mobility and improve public safety
The company specializes in offering technology-driven services related to vehicle registration, tolling, and automated traffic enforcement to governmental agencies and municipalities. By leveraging advanced technologies and data analytics, Verra Mobility helps streamline operations, reduce congestion, and promote compliance with traffic regulations. Their comprehensive suite of solutions is designed to facilitate seamless transportation experiences while promoting safer roadways for all users.
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the electrical systems industry, including Powell (NASDAQPOWL) and its peers.
Over the past six months, Verra Mobility’s stock price fell to $23.74. Shareholders have lost 13.3% of their capital, which is disappointing considering the S&P 500 has climbed by 9.7%. This was partly driven by its softer quarterly results and might have investors contemplating their next move.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Verra Mobility (NASDAQVRRM) and the rest of the electrical systems stocks fared in Q3.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Acuity Brands (NYSEAYI) and the rest of the electrical systems stocks fared in Q3.
Traffic solutions company Verra Mobility (NYSEVRRM) met Wall Street’s revenue expectations in Q3 CY2024, with sales up 7.4% year on year to $225.6 million. On the other hand, the company’s full-year revenue guidance of $872.5 million at the midpoint came in slightly below analysts’ estimates. Its non-GAAP profit of $0.32 per share was 1.4% above analysts’ consensus estimates.
Glancy Prongay & Murray LLP (“GPM”) announces its investigation of Verra Mobility Corporation (Nasdaq: VRRM) (f/k/a Gores Holdings II, Inc.) concerning the Company and its directors’ and officers’ possible violations of state laws.
WHY: NEW YORK, NY - (NewMediaWire) - March 06, 2024 - Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Verra Mobility Corporation (NASDAQVRRM) resulting from allegations that Verra may have issued materially misleading business information to the investing public.
WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Verra Mobility Corporation (NASDAQVRRM) resulting from allegations that Verra may have issued materially misleading business information to the investing public.
Glancy Prongay & Murray LLP (“GPM”) announces its investigation of Verra Mobility Corporation (Nasdaq: VRRM) (f/k/a Gores Holdings II, Inc.) concerning the Company and its directors’ and officers’ possible violations of state laws.
Investors are always on the lookout for companies offering innovative solutions. The reward for investing in such stocks can often be lucrative, with Synaptics and Verra Mobility being two options to consider after impressive quarterly results.
