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As part of the recently announced five-year contract renewal, Hertz and Verra Mobility are expanding their technology partnership to explore opportunities to modernize toll processing

, /PRNewswire/ -- Verra Mobility Corporation (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, and The Hertz Corporation, on behalf of its Hertz, Dollar, and Thrifty brands, shared additional details today regarding their recent contract renewal, including plans to explore new technology solutions that build on their long-standing tolling and violations management partnership.

The parties announced during quarterly earnings the renewed agreement extending their 20-year partnership. In the expanded agreement, the companies will explore new technology solutions to further improve Hertz's customer experience. Verra Mobility will also continue to provide Hertz with a fully outsourced toll and violations management program, helping improve administrative efficiency while giving renters a more convenient, frictionless experience on cashless and all-electronic tolling networks across North America.

"As Hertz continues to evolve, we're committed to evolving alongside them by listening closely to their needs, investing in innovative technologies, and refining our solutions to help them operate more efficiently while delivering greater value and convenience to their customers," said Stacey Moser, chief customer officer, Verra Mobility.

"We are looking to continuously innovate for our customers," said Jason Rivera, chief technology officer, Verra Mobility. "This next phase of our relationship is about exploring how to combine operational experience with connected-vehicle tolling and AI technology to help solve increasingly complex fleet challenges."

"Verra Mobility has been a trusted partner for more than two decades, helping us simplify tolling and violations management while enhancing the rental experience," said Marnie Harte, senior vice president and chief procurement officer, Hertz. "We look forward to exploring opportunities to leverage new technology to create a more convenient, transparent and seamless experience for our customers, while reducing operational complexity across our fleet."

Verra Mobility helps communities and businesses move people and vehicles by connecting the entire transportation ecosystem, including road safety, commercial fleet mobility, and parking management. The company supports more than 7.6 million vehicles globally - helping to protect vehicle owners against costly toll fines and burdensome administrative tasks – and empowers more than 300 communities to increase safety for all road users through intelligent technology and data-driven insights. In 2025, more than 350 million toll transactions and over 5.6 million violations were processed for fleet customers.

To learn more about Verra Mobility's commercial and fleet solutions, visit www.verramobility.com/commercial/.

About Verra Mobility

Verra Mobility Corporation (NASDAQ: VRRM) is a leading provider of smart mobility technology solutions that make transportation safer, smarter and more connected. The company sits at the center of the mobility ecosystem, bringing together vehicles, hardware, software, data and people to enable safe, efficient solutions for customers globally. Verra Mobility's transportation safety systems and parking management solutions protect lives, improve urban and motorway mobility and support healthier communities. The company also solves complex payment, utilization and compliance challenges for fleet owners and rental car companies. Headquartered in Arizona, Verra Mobility operates in North America, Europe, and Australia. For more information, please visit www.verramobility.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are those that address activities, events, or developments that management intends, expects, projects, believes or anticipates will or may occur in the future. They are based on management's assumptions and assessments in light of past experience and trends, current economic and industry conditions, expected future developments and other relevant factors. They are not guarantees of future performance, and actual results, developments and business decisions may differ significantly from those envisaged by our forward-looking statements. We do not undertake to update or revise any of our forward-looking statements, except as required by applicable securities law. Our forward-looking statements are also subject to material risks and uncertainties that can affect our performance in both the near- and long-term, including, without limitation, risks relating to our ability to successfully implement new technologies, the expected benefits of our partnership with Hertz, our ability to maintain and expand customer relationships, general economic conditions, and other factors described in our filings with the Securities and Exchange Commission (SEC), including our Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. In addition, no assurance can be given that any plan, initiative, projection, goal, commitment, expectation, or prospect set forth in this press release can or will be achieved. This press release should be read in conjunction with the information included in our other press releases, reports, and other filings with the SEC.   Any forward-looking plans described herein are not final and may be modified or abandoned at any time.

Additional Information

We periodically provide information for investors on our corporate website, www.verramobility.com, and our investor relations website, ir.verramobility.com.

We intend to use our website as a means of disclosing material non-public information and for complying with disclosure obligations under Regulation FD. Accordingly, investors should monitor our website, in addition to following the Company's press releases, SEC filings and public conference calls and webcasts.

SOURCE Verra Mobility

Verra Mobility Corp. delivered 12% y/y revenue growth in Q2, with Commercial Services returning to growth and Government Solutions accelerating. Despite strong top-line performance, EBITDA margin fell to 42%, and free cash flow declined, as Government Solutions' lower margin mix and contract pricing weighed. Recent contract renewals with Avis and Hertz reduce termination risk but introduce less favorable terms and fleet-volume uncertainty, limiting long-term earnings visibility.

3 Stocks You’ll Love to Own, But Hate To EncounterVerra Mobility NASDAQ: VRRM reported second-quarter results that exceeded its internal expectations, supported by New York City camera-installation timing, operational improvements and stronger collections in its Commercial Services segment. However, the company lowered its full-year outlook after renewing major rental-car customer agreements on terms that Chief Financial Officer Craig Conti said were materially less favorable than prior contracts.

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The company announced a new seven-year tolling and violation-services agreement with Avis Budget Group and a new five-year agreement with Hertz. The Avis agreement follows a termination notice received in May, while the Hertz renewal was completed ahead of its expected 2027 renegotiation period.

Verra Mobility Stock Has Returned Back to the Station “Together, the ABG and Hertz agreements represent meaningful progress towards stabilizing our Commercial Services customer base,” Interim Chief Executive Officer Jon Keyser said. He said the agreements reflect the company’s technology, integrations, operating scale and efforts to establish more flexible, customer-focused partnerships.

Second-Quarter Performance Government Solutions service revenue increased 17% year over year in the second quarter, driven by New York City camera installations and 8% service-revenue growth outside New York City. Within New York City, service revenue rose 36% from a year earlier as incremental camera installations exceeded the impact of revised contract pricing, Conti said.

If You Hate Speed Cameras, Then You’ll Like Verra Mobility Stock Verra Mobility had experienced weather-related delays in New York City installations during the first quarter, but Conti said the company caught up during the second quarter and returned to its anticipated installation level by the end of the first half.

Commercial Services revenue rose 6% year over year, including a 5% increase in rental-car tolling revenue and 3% growth in fleet-management revenue. Rental-car tolling growth was driven by product adoption and tolling activity despite a 1% decline in U.S. travel volume compared with the prior-year quarter. Commercial Services profit margin expanded 100 basis points, aided by operating leverage and lower bad-debt expense from improved collections.

Parking Solutions generated $20 million in revenue and roughly $2 million in segment profit. SaaS and services sales rose approximately 1%, while product revenue was effectively flat. Segment margins declined 465 basis points year over year because of product-sales mix and the timing of operating expenses.

Consolidated adjusted EBITDA was $111 million. GAAP net loss was $48 million, reflecting a $104 million non-cash goodwill and intangible-asset impairment charge related to T2 Systems. GAAP diluted loss per share was $0.32, compared with income of $0.24 per share a year earlier. Adjusted EPS was $0.38, compared with $0.34 in the second quarter of 2025. Operating cash flow was $56 million, while free cash flow totaled approximately $33 million. Government Solutions recorded $25 million in new annual recurring revenue and contract awards during the quarter, including work-zone speed and school-bus stop-arm programs. Over the trailing 12 months, new incremental annual recurring revenue bookings totaled about $74 million.

California Expansion and Safety Programs Keyser said Verra Mobility was selected as the automated speed-safety vendor for Los Angeles and is negotiating the final contract. He said the company expects approximately $10 million in annual recurring revenue from the agreement once finalized.

California Assembly Bill 645 authorized speed-enforcement pilots in six cities. Keyser said Verra Mobility has been selected as technology partner by all six cities authorized under the legislation.

The company also cited safety outcomes from existing programs, including a 28% reduction in red-light violations within the first 60 days of San José’s program and a nearly 50% decline in traffic fatalities in Merced.

Guidance Reduced After Rental-Car Renewals Conti said the Avis Budget and Hertz agreements provide longer contractual visibility but carry lower pricing than the prior arrangements and permit customers to modulate fleet volumes. The new commercial terms took effect immediately.

Verra Mobility now expects 2026 total revenue of $945 million to $965 million and adjusted EBITDA of $360 million to $370 million, implying an adjusted EBITDA margin of about 38%. The company forecast adjusted EPS of $1.11 to $1.17 and free cash flow of $105 million to $115 million.

The free-cash-flow outlook includes higher capital spending than previously anticipated, primarily for Government Solutions implementation work tied to the accelerated Los Angeles Metro contract award and school-bus stop-arm awards. The company also expects a $30 million working-capital use, largely related to rental-car contract renewals and the timing of New York City installation expenditures and collections.

Commercial Services revenue is now expected to decline in the negative high-single-digit range for the full year compared with 2025, as growth decelerates in the third and fourth quarters. The company expects full-year Commercial Services segment margins in the low 60% range.

Government Solutions is expected to produce total revenue growth at the high end of the mid-single-digit range for 2026. The company continues to expect segment profit margins to contract by roughly 450 to 500 basis points from 2025, largely due to New York City pricing adjustments and subcontractor requirements. Parking Solutions revenue is projected to rise low to mid-single digits, with margins slightly accretive to 2025.

Cost Actions and Operating Changes Keyser said Verra Mobility has reorganized its customer-facing operations, appointing Stacey Moser as chief customer officer and unifying sales, account management and marketing leadership across its major commercial and government businesses.

The company is also pursuing approximately $20 million in annualized cost reductions, with full run-rate savings expected beginning in 2027. Conti said the principal headcount actions have been completed, while the company continues to examine non-labor spending, procurement, third-party costs, roadside customer service and operational processes.

Verra Mobility ended the quarter with approximately $1 billion in net debt and net leverage of 2.4 times. Its credit revolver was fully repaid and undrawn at quarter-end. The company had $66 million remaining under its $250 million share-repurchase authorization, though Conti said the current priority is strengthening the balance sheet and building cash reserves.

Management is also evaluating whether its evolving organizational structure could result in changes to operating and reportable segments, potentially including reporting as a single operating and reportable segment. No reporting changes were made for the second quarter.

About Verra Mobility (NASDAQ:VRRM)Verra Mobility, traded on the Nasdaq under the ticker VRRM, is a leading provider of smart mobility solutions designed to improve safety, efficiency and compliance for transportation authorities and commercial fleets. The company develops and operates automated traffic enforcement systems, toll and violation management platforms, and connected-vehicle services. Through its technology offerings, Verra Mobility helps public agencies enhance road safety, reduce congestion and streamline revenue collection for tolling and parking.

Verra Mobility’s core products include red-light and speed-camera enforcement programs, license plate recognition systems, and cloud-based violation processing software.

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VERRA MOBILITY CORP (VRRM - Free Report) reported $263.59 million in revenue for the quarter ended June 2026, representing a year-over-year increase of 11.7%. EPS of $0.38 for the same period compares to $0.34 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $253.62 million, representing a surprise of +3.93%. The company delivered an EPS surprise of +15.15%, with the consensus EPS estimate being $0.33.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Verra Mobility performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

Revenue- Service revenue: $246.71 million versus $240.65 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +10.4% change.Revenue- Product sales: $16.88 million compared to the $14.04 million average estimate based on three analysts. The reported number represents a change of +34.5% year over year.Revenue- Service revenue- Parking Solutions: $16.62 million versus the two-analyst average estimate of $20.57 million. The reported number represents a year-over-year change of +1%.Revenue- Service revenue- Government Solutions: $115.03 million compared to the $116.64 million average estimate based on two analysts. The reported number represents a change of +17.4% year over year.Revenue- Service revenue- Commercial Services: $115.06 million versus $115.08 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +5.5% change.View all Key Company Metrics for Verra Mobility here>>>

Shares of Verra Mobility have returned +32.2% over the past month versus the Zacks S&P 500 composite's +3.5% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.

Total revenue of $263.6 million Net loss of $(48.2) million Net cash provided from operations of $56.4 million Entered into a seven-year contract extension with Avis Budget Group, Inc. Entered into a five-year contract extension with Hertz Revising fiscal year 2026 guidance , /PRNewswire/ -- Verra Mobility Corporation (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, announced today the financial results for the second quarter ended June 30, 2026.

"I am proud of what our team accomplished during the second quarter, delivering revenue and profitability above our internal expectations while continuing to execute well across the business," said Jon Keyser, Interim Chief Executive Officer of Verra Mobility. "During the quarter, we also retained two of our most important customer relationships by extending our long-standing agreements with Avis Budget Group and Hertz. These agreements, together with our selection by the City of Los Angeles to implement California's largest speed safety program, reflect the strength of our technology, our operational capabilities and the trust our customers place in Verra Mobility."

"This has been a transformative quarter for our company. On behalf of our leadership team, I want to sincerely thank our employees for embracing change, acting with urgency and re-centering our focus on customer success. Their commitment is helping build a more agile, customer-centric Verra Mobility and positions us for long-term value creation."

Second Quarter 2026 Financial Highlights

Revenue: Total revenue for the second quarter of 2026 was $263.6 million, an increase of 12% compared to $236.0 million for the second quarter of 2025. Service revenue growth was 10%, driven by 17% growth in our Government Solutions segment and 6% growth in our Commercial Services segment. Government Solutions service revenue growth was driven primarily by a $12.0 million increase in New York City revenues associated with new camera installations, net of pricing changes under the new contract. The remaining $5.1 million in growth is attributable to expansion in bus lane, speed and other services. The increase in Commercial Services revenue was due to increased product adoption and tolling activity compared to the prior year which contributed to a $4.1 million growth in rental car companies ("RACs") tolling revenue, with the remainder primarily driven by higher violations processing. Parking Solutions service revenue increased by $0.2 million compared to the second quarter of 2025, as increased revenue from our software as a service ("SaaS") product offerings was partially offset by decreases in subscription services and professional services revenue related to parking management solutions. Net (loss) income and Diluted Earnings Per Share ("EPS"): Net loss for the second quarter of 2026 was $(48.2) million, or $(0.32) per share, based on 151.9 million diluted weighted average shares outstanding. Net income for the comparable 2025 period was $38.6 million, or $0.24 per share, based on 161.5 million diluted weighted average shares outstanding. The decrease in net income for the second quarter of 2026 was primarily due to impairments on goodwill and intangible assets recorded for the three months ended June 30, 2026 and an increase in operating expenses, partially offset by margins on product sales and installation services and a decrease in selling, general and administrative expenses. Adjusted EPS*: Adjusted EPS for the second quarter of 2026 was $0.38 per share compared to $0.34 per share for the second quarter of 2025. Adjusted EBITDA*: Adjusted EBITDA was $110.7 million for the second quarter of 2026 compared to $105.3 million for the same period in 2025. Adjusted EBITDA Margin* was 42% and 45% of total revenue for the 2026 and 2025 periods, respectively. Net Cash Provided from Operations: Cash provided by operating activities decreased by $18.7 million from $75.1 million for the three months ended June 30, 2025 to $56.4 million for the three months ended June 30, 2026. Net (loss) income quarter-over-quarter decreased by $86.8 million, from $38.6 million in 2025 to $(48.2) million in 2026. The aggregate adjustments to reconcile net (loss) income to net cash provided by operating activities increased $94.3 million mainly due to the impairments on goodwill and intangible assets recorded for the current period, a prior period uncertain tax position reserve release and the mark-to-market adjustment on the share-based proceeds, partially offset by decreases in stock-based compensation, deferred income taxes and credit loss expense. The aggregate changes in operating assets and liabilities decreased by $26.3 million in 2026 compared to the prior year period and were primarily due to an increase in the net use of working capital, of which the majority was attributable to an increase in accounts receivable, unbilled receivables and inventory, partially offset by an increase in accounts payable. Free Cash Flow*: Free Cash Flow was $32.6 million for the second quarter of 2026 compared to $40.3 million for the prior year period. The decline in Free Cash Flow is attributable to the items impacting cash provided by operating activities (as discussed above), partially offset by a reduction in capital expenditures. *Non-GAAP measure; refer to "Non-GAAP Financial Measures" further below for explanatory notes and a reconciliation to the most directly comparable GAAP measure.

We report our results of operations based on three operating segments:

Commercial Services offers automated toll and violations management and title and registration solutions to rental car companies, fleet management companies and other large fleet owners. Government Solutions delivers automated safety solutions to municipalities, school districts and government agencies, including services and technology that enable photo enforcement cameras to detect and process traffic violations related to speed, red-light, school bus and city bus lane management. Parking Solutions provides an integrated suite of parking software, transaction processing and hardware solutions to universities, municipalities, parking operators, healthcare facilities and transportation hubs in the United States and Canada. Second Quarter 2026 Segment Detail

The Commercial Services segment generated total revenue of $115.1 million, a 6% increase compared to $109.1 million in the same period in 2025. Segment profit was $77.2 million, a 7% increase from $72.0 million in the prior year period. The increases in revenue and segment profit compared to the prior year period resulted from increased product adoption and tolling activity compared to the prior year which contributed to a $4.1 million growth in RAC tolling revenue, with the remainder primarily driven by higher violations processing. The segment profit margin was 67% for the second quarter of 2026 and 66% for the second quarter of 2025. Second quarter 2026 segment profit margins benefitted from lower credit loss expense. The Government Solutions segment generated total revenue of $128.5 million, a 20% increase compared to $107.1 million in the same period in 2025. The increase was due to a 17% increase in service revenue over the prior year period, primarily driven by a $12.0 million increase in New York City revenues associated with new camera installations, net of pricing changes under the new contract. The remaining $5.1 million in growth was attributable to an expansion in bus lane and speed camera-related revenue and other services. In addition, product revenue increased approximately $4.3 million from the prior year period. The segment profit was $31.2 million in 2026 compared to $30.1 million in the prior year period with segment profit margins of 24% for 2026 and 28% for 2025. The decline in segment profit margins compared to the prior year period was primarily driven by increased costs to support project implementations and the pricing change under the New York City contract. The Parking Solutions segment generated total revenue of $20.0 million, a 1% increase compared to $19.9 million in the same period in 2025, which was due primarily to an increase in SaaS product offerings, partially offset by decreases in subscription services and professional services revenue related to parking management solutions compared to the prior year period. The segment profit was $2.3 million compared to $3.2 million in the prior year period with segment profit margins of 11% for 2026 and 16% for 2025. Liquidity and Debt: As of June 30, 2026, cash and cash equivalents were $49.6 million and total debt, net was $1,035 million. Net cash provided by operating activities was $56.4 million for the three months ended June 30, 2026, and $97.2 million for the six months ended June 30, 2026.

Net Debt and Net Leverage*: As of June 30, 2026, Net Debt was $993.2 million and Net Leverage was 2.4x, as compared to $971.8 million and 2.3x as of December 31, 2025.

*Non-GAAP measure; refer to "Non-GAAP Financial Measures" further below for explanatory notes and a reconciliation to the most directly comparable GAAP measure.

Change in Executive Leadership and Organizational Realignment

On June 1, 2026, we announced that David Roberts had departed as our President and Chief Executive Officer and as a member of our Board of Directors. The Board appointed Jon Keyser, previously our Chief Transformation Officer and Executive Vice President and Chief Legal Officer, as Interim President and Chief Executive Officer and retained an executive search firm to assist with a comprehensive search for a permanent successor.

On June 17, 2026, we announced organizational changes intended to accelerate our transformation initiatives, strengthen customer focus and create a more agile and efficient operating model. These changes are intended to build upon a hybrid operating model that centralizes key functions, including Human Resources, Finance, Legal, Government Relations, Engineering and Product Management. Stacey Moser was appointed Chief Customer Officer with responsibility for sales, account management and marketing across our Commercial Services and Government Solutions businesses. We are evaluating the effect of these organizational and internal management reporting changes on our operating and reportable segments.

Commercial Services Customer Contracts

We announced that one of our three significant Commercial Services customers had issued a notice terminating its contract with us; that customer subsequently withdrew and rescinded the notice and instead entered into a seven-year contract extension on terms materially less favorable to us than the prior agreement, including an option for the customer to modulate its fleet volume. A second significant Commercial Services customer entered into a five-year extension, with options to extend, also on materially less favorable terms and with fleet volume modulation rights.

Fluctuations in fleet volume under these arrangements could cause our revenue, results of operations, and cash flows to vary from period to period and could have a material adverse effect on our business, financial condition, and results of operations. Additionally, any future termination of either extended contract could have a material adverse effect on our business, financial condition, and results of operations.

Goodwill and Intangible Assets Impairments

We recorded a $64.0 million impairment to goodwill in our Parking Solutions segment during the six months ended June 30, 2026, which is presented in a separate line item on the consolidated statements of operations. This was in connection with our 2026 assessment of goodwill impairment which determined that the Parking Solutions reporting unit carrying value exceeded the estimated fair value. As part of this assessment, we determined that the carrying value of certain intangibles within the Parking Solutions segment were not recoverable and recorded a $40.4 million impairment to intangibles in our Parking Solutions segment during the six months ended June 30, 2026, which is presented in a separate line item on the consolidated statements of operations.

2026 Full Year Guidance

Any guidance that we provide is subject to change as a variety of factors can affect actual operating results. Certain of the factors that may impact our actual operating results are identified below in the safe harbor language included within Forward-Looking Statements of this press release.

We are providing the following forward-looking guidance, which includes Adjusted EBITDA, Adjusted EPS, and Free Cash Flow, all of which are non-GAAP financial measures (defined below).

Based on our first half 2026 results and our outlook for the remainder of the year, we are revising our 2026 full year financial outlook to the following:

Total Revenue of $945 million to $965 million Adjusted EBITDA of $360 million to $370 million Adjusted EPS of $1.11 to $1.17 Free Cash Flow of $105 million to $115 million Underlying Assumptions for 2026 Full Year Guidance

Weighted average fully diluted share count expected to be approximately 153 million shares for the full year 2026 Effective tax rate (including state taxes) is expected to be 28.0% to 29.0%, with approximately $35 million in total cash taxes expected to be paid in 2026. The effective tax rate for non-GAAP adjustments is provided in the Reconciliation of Net Income to Adjusted Net Income and Calculation of Adjusted EPS Depreciation and amortization expense expected to be approximately $120 million for 2026 Total interest expense, net expected to be approximately $62 million, of which approximately $60 million is expected to be net cash interest paid Change in working capital (change in operating assets and liabilities) is expected to result in a use of cash of approximately $30 million for 2026 primarily related to both our recent RAC contract renewals and the timing of expenditures and collections of our ongoing installation work in New York City Capital expenditures (purchases of installation and service parts and property and equipment) are expected to be approximately $135 million for 2026 relating primarily to camera installations and MOSAIC implementation Conference Call Details

Date: August 5, 2026
Time: 5:00 p.m. Eastern Time
To access this conference call by telephone, register here to receive dial-in numbers and a unique PIN to join the call.
Webcast Information: Available live in the "Investor Relations" section of our website at http://ir.verramobility.com.

A replay of the call will also be made available on the Investor Relations website. A copy of the earnings call presentation will be available on the Investor Relations section of our website.

About Verra Mobility

Verra Mobility Corporation (NASDAQ: VRRM) is a leading provider of smart mobility technology solutions that make transportation safer, smarter, and more connected. The company sits at the center of the mobility ecosystem, bringing together vehicles, hardware, software, data, and people to enable safe, efficient solutions for customers globally. Verra Mobility's transportation safety systems and parking management solutions protect lives, improve urban and motorway mobility, and support healthier communities. The company also solves complex payment, utilization, and compliance challenges for fleet owners and rental car companies. Headquartered in Arizona, Verra Mobility operates in the United States, Australia, Europe, and Canada. For more information, please visit www.verramobility.com.

Forward-Looking Statements

This press release contains forward-looking statements which address our expected future business and financial performance, and may contain words such as "goal," "target," "future," "estimate," "expect," "anticipate," "intend," "plan," "believe," "seek," "project," "may," "should," "will" or similar expressions. Forward-looking statements include statements regarding changes and trends in the market for our products and services, including expected operating results and metrics, such as revenue growth and expected margins; expansion plans and opportunities; expectations regarding the fluctuations in fleet volume under our arrangements with two of our significant Commercial Services customers; expectations relating to our selection by the City of Los Angeles to implement California's largest speed safety program and the contract with the New York City Department of Transportation ("NYCDOT"); expectations regarding the prospect for long-term renewal with our other significant Commercial Services customer; our ability to improve operational efficiencies, generate cost savings and improve customer centricity; our ability to achieve expected benefits from transformation and strategic initiatives; full year guidance for 2026, including expected total revenue, Adjusted EBITDA, Adjusted EPS, and Free Cash Flow, and the underlying assumptions for the 2026 full-year guidance, including expected weighted average fully diluted share count, effective tax rate and cash taxes, expected depreciation and amortization expenses, expected interest expense, net and total net cash interest, expected change in working capital, expected capital expenditures, and expected operating expenditures; expectations relating to momentum across key growth areas and our pipeline; our ability to meet our long-term outlook; the expected benefits of our smart mobility platform, including margin expansion impact; and expectations concerning our share repurchase program. Forward-looking statements involve risks and uncertainties, and a number of factors could cause actual results to differ materially from those currently anticipated. These factors include, but are not limited to, the impact of negative industry and macroeconomic conditions, including inflation and higher interest rates, the impact of government actions and regulations, such as tariffs, trade protection measures, and military conflicts, on our customers or Verra Mobility; customer concentration in our Commercial Services and Government Solutions segments, including risks impacting these segments such as travel demand and legislation, and the risk of losing a customer; risks related to our contract with NYCDOT, which comprises a material portion of our revenue, including the timing of payments; risks associated with fluctuations in fleet volume under our arrangements with two of our significant Commercial Services customers; risks associated with the renewal of Commercial Services customer agreements or any future termination of any such contracts; risks related to the contractual renewal discussions with our third significant Commercial Services customer; risks and uncertainties related to our government contracts, including legislative changes, termination rights, delays in payments, audits, and investigations; decreases in the prevalence or political acceptance of, or an increase in governmental restrictions regarding, automated and other similar methods of photo enforcement, parking solutions, or the use of tolling; our ability to successfully implement our acquisition strategy or integrate acquisitions; failures in or breaches of our networks or systems, including as a result of cyber-attacks or other incidents; risks and uncertainties related to our international operations and our ability to develop and successfully market new products and technologies into new markets; our failure to acquire necessary intellectual property or adequately protect our intellectual property; our ability to manage our substantial level of indebtedness; our ability to maintain effective internal controls over financial reporting; risks related to our goodwill and intangible assets, which have been subject to impairment and may be subject to further impairment in the future; our ability to properly perform under our contracts and otherwise satisfy our customers; risks associated with the use of artificial intelligence ("AI") and related tools and our ability to achieve expected benefits from AI; our ability to incorporate AI into our business and transform our data into valuable insights, deliver more intelligent software and hardware, improve our efficiency of our operations and create a new generation of AI-enabled transportation solutions that strengthens customer outcomes, improves roadway safety and increases the long-term value of our technology platform; decreased interest in outsourcing from our customers; our ability to keep up with technological developments and changing customer preferences; our ability to compete in a highly competitive and rapidly evolving market; risks and uncertainties related to our share repurchase program; risks and uncertainties related to litigation, including pending securities litigation, and other disputes and regulatory investigations; our reliance on specialized third-party providers; and other risks and uncertainties indicated from time to time in documents we filed or will file with the Securities and Exchange Commission  (the "SEC"). In addition, no assurance can be given that any plan, initiative, projection, goal, commitment, expectation, or prospect set forth in this press release can or will be achieved. This press release should be read in conjunction with the information included in our other press releases, reports, and other filings with the SEC. Additional information regarding the factors that may cause actual results to differ materially from these forward-looking statements is available in our SEC filings, including our 2025 Annual Report on Form 10-K and first quarter 2026 Quarterly Report on Form 10-Q. These forward-looking statements speak only as of the date of this press release and except to the extent required by applicable law, we do not assume any obligation to update or revise any forward-looking statement, whether as a result of new information, future events and developments, or otherwise. Understanding the information contained in these filings is important in order to fully understand our reported financial results and our business outlook for future periods.

Additional Information

We periodically provide information for investors on our corporate website, www.verramobility.com, and our investor relations website, ir.verramobility.com.

We intend to use our website including our quarterly earnings presentation as a means of disclosing material non-public information, additional financial and operating metrics and for complying with disclosure obligations under Regulation FD. Accordingly, investors should monitor our website, in addition to following our press releases, SEC filings, public conference calls, webcasts, and social media. In addition, you may enroll to automatically receive e-mail alerts and other information about our company by visiting "Email Alerts" under the "Investor Resources" section of the "Investors" portion of our website.

Non-GAAP Financial Measures

In addition to disclosing financial results that are determined in accordance with U.S. generally accepted accounting principles ("GAAP"), we also disclose certain non-GAAP financial information in this press release. These financial measures are not recognized measures under GAAP and are not intended to be, and should not be, considered in isolation or as a substitute for, or superior to, the financial information prepared and presented in accordance with GAAP. EBITDA, Adjusted EBITDA, Free Cash Flow, Adjusted Net Income, Adjusted EPS, Adjusted EBITDA Margin, Net Debt, and Net Leverage are non-GAAP financial measures as defined by SEC rules. These non-GAAP financial measures may be determined or calculated differently by other companies. As a result, they may not be comparable to similarly titled performance measures presented by other companies. Reconciliations of these non-GAAP measurements to the most directly comparable GAAP financial measurements have been provided in the financial statement tables included in this press release, and investors are encouraged to review the reconciliations.

We are not providing a quantitative reconciliation of Adjusted EBITDA, Adjusted EPS, or Free Cash Flow which are included in our 2026 financial guidance above, in reliance on the "unreasonable efforts" exception for forward-looking non-GAAP measures set forth in SEC rules because certain financial information, the probable significance of which cannot be determined, is not available and cannot be reasonably estimated without unreasonable effort and expense. In this regard, we are unable to provide a reconciliation of forward-looking Adjusted EBITDA to GAAP net income, Adjusted EPS to net income per share and Free Cash Flow to net cash provided by operating activities, due to the inherent difficulty in forecasting and quantifying certain amounts that are necessary for such reconciliation. Due to the uncertainty of estimates and assumptions used in preparing forward-looking non-GAAP measures, we caution investors that actual results could differ materially from these non-GAAP financial projections.

We use the non-GAAP metrics EBITDA, Adjusted EBITDA, Free Cash Flow, Adjusted Net Income, Adjusted EPS, and Adjusted EBITDA Margin to measure our performance from period to period, to evaluate and fund incentive compensation programs and to compare our results to those of our competitors. We use the non-GAAP metrics Free Cash Flow in connection with managing the business and we use the non-GAAP metrics "Net Debt" and "Net Leverage" to understand our overall leverage position and to evaluate capital allocation decisions. In addition, we also believe that these non-GAAP measures provide useful information to investors regarding financial and business trends related to our results of operations and that when non-GAAP financial information is viewed with GAAP financial information, investors are provided with a more meaningful understanding of our ongoing operating performance, liquidity, and leverage relative to other periods. These non-GAAP measures have certain limitations as analytical tools and should not be used as substitutes for net income, cash flows from operations, earnings per share, other consolidated income, cash flow, or debt data prepared in accordance with GAAP.

EBITDA and Adjusted EBITDA

We define "EBITDA" as net (loss) income adjusted to exclude interest expense, net, income taxes, depreciation and amortization. "Adjusted EBITDA" further excludes certain non-cash expenses and non-recurring items.

Free Cash Flow

We define "Free Cash Flow" as net cash flow provided by operating activities less purchases of installation and service parts and property and equipment.

Adjusted Net Income

We define "Adjusted Net Income" as net (loss) income adjusted to exclude amortization of intangibles and certain non-cash or non-recurring expenses such as loss on extinguishment of debt, among other items.

Adjusted EPS

We define "Adjusted EPS" as Adjusted Net Income divided by the diluted weighted average shares for the period.

Adjusted EBITDA Margin

We define "Adjusted EBITDA Margin" as Adjusted EBITDA as a percentage of total revenue.

Net Debt

We define "Net Debt" as total debt, net excluding original issue discounts and unamortized deferred financing costs, less cash and cash equivalents.

Net Leverage

We define "Net Leverage" as Net Debt divided by the trailing twelve months Adjusted EBITDA as of the current quarter-end.

Additional Metrics

Recurring Revenue or Recurring Service Revenue

We define "Recurring Revenue" or "Recurring Service Revenue" as all revenue other than product sales for each of our segments, as we typically generate revenue on a recurring monthly basis under long-term contracts with our customers. This includes our Commercial Services segment where we generate service revenue through processing of tolls, violations, and titles and registrations.

VERRA MOBILITY CORPORATION

CONDENSED CONSOLIDATED BALANCE SHEETS

(Unaudited)

(In thousands, except per share data)

June 30,
2026

December 31,
2025

Assets

Current assets:

Cash and cash equivalents

$

49,561

$

65,272

Restricted cash

3,629

3,046

Accounts receivable (net of allowance for credit losses of $20.4 million and
$23.0 million at June 30, 2026 and December 31, 2025, respectively)

259,424

234,288

Unbilled receivables

97,279

56,100

Inventory

24,277

20,662

Prepaid expenses and other current assets

56,529

61,534

Total current assets

490,699

440,902

Installation and service parts, net

30,304

27,081

Property and equipment, net

249,079

208,703

Operating lease assets

46,178

36,359

Intangible assets, net

98,685

168,641

Goodwill

676,826

741,610

Other non-current assets

24,420

22,366

Total assets

$

1,616,191

$

1,645,662

Liabilities and Stockholders' Equity

Current liabilities:

Accounts payable

$

141,117

$

101,813

Deferred revenue

21,713

26,650

Accrued liabilities

60,345

69,851

Tax receivable agreement liability, current portion

5,257

5,257

Current portion of debt

10,000

6,888

Total current liabilities

238,432

210,459

Debt, net of current portion

1,024,657

1,021,157

Operating lease liabilities, net of current portion

46,664

31,338

Tax receivable agreement liability, net of current portion

33,418

38,418

Asset retirement obligations

18,898

17,789

Deferred tax liabilities, net

11,464

16,341

Other long-term liabilities

19,036

17,200

Total liabilities

1,392,569

1,352,702

Commitments and contingencies

Stockholders' equity

Preferred stock, $0.0001 par value

—

—

Class A common stock, $0.0001 par value

15

15

Additional paid-in capital

541,477

547,274

Accumulated deficit

(308,124)

(243,759)

Accumulated other comprehensive loss

(9,746)

(10,570)

Total stockholders' equity

223,622

292,960

Total liabilities and stockholders' equity

$

1,616,191

$

1,645,662

VERRA MOBILITY CORPORATION

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

AND COMPREHENSIVE (LOSS) INCOME

(Unaudited)

Three Months Ended June 30,

Six Months Ended June 30,

(In thousands, except per share data)

2026

2025

2026

2025

Service revenue

$

246,710

$

223,477

$

460,102

$

435,379

Product sales

16,881

12,548

27,057

23,900

Total revenue

263,591

236,025

487,159

459,279

Cost of service revenue, excluding depreciation and amortization

14,210

4,629

21,601

9,412

Cost of product sales

14,035

8,946

22,325

16,978

Operating expenses

90,577

81,317

176,520

155,056

Selling, general and administrative expenses

43,990

48,466

84,843

99,967

Depreciation, amortization and (gain) loss on disposal of assets, net

29,167

29,473

58,458

57,287

Goodwill impairment

64,037

—

64,037

—

Impairment of intangible assets

40,354

—

40,354

—

Total costs and expenses

296,370

172,831

468,138

338,700

(Loss) income from operations

(32,779)

63,194

19,021

120,579

Interest expense, net

15,486

16,572

30,893

33,208

Loss on extinguishment of debt

—

23

—

48

Other income, net

(6,040)

(6,003)

(10,134)

(10,112)

Total other expenses

9,446

10,592

20,759

23,144

(Loss) income before income taxes

(42,225)

52,602

(1,738)

97,435

Income tax provision

5,953

14,027

19,696

26,521

Net (loss) income

$

(48,178)

$

38,575

$

(21,434)

$

70,914

Other comprehensive (loss) income:

Change in foreign currency translation adjustment

(170)

6,386

824

8,513

Total comprehensive (loss) income

$

(48,348)

$

44,961

$

(20,610)

$

79,427

Net (loss) income per share:

Basic

$

(0.32)

$

0.24

$

(0.14)

$

0.44

Diluted

$

(0.32)

$

0.24

$

(0.14)

$

0.44

Weighted average shares outstanding:

Basic

151,945

159,478

151,896

159,511

Diluted

151,945

161,543

151,896

161,804

VERRA MOBILITY CORPORATION

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(Unaudited)

Three Months Ended June 30,

($ in thousands)

2026

2025

Cash Flows from Operating Activities:

Net (loss) income

$

(48,178)

$

38,575

Adjustments to reconcile net (loss) income to net cash provided by operating activities:

Depreciation and amortization

28,530

29,155

Amortization of deferred financing costs and discounts

559

971

Loss on extinguishment of debt

—

23

Share-based proceeds from legal settlement

—

—

Unrealized loss on remeasurement of share-based proceeds

1,120

—

Credit loss expense

4,575

5,741

Deferred income taxes

(7,278)

(2,987)

Stock-based compensation

195

7,279

Uncertain tax position reserve release

—

(1,682)

Goodwill impairment

64,037

—

Impairment of intangible assets

40,354

—

Other

729

—

Changes in operating assets and liabilities:

Accounts receivable

(42,289)

(10,133)

Unbilled receivables

(14,637)

(4,218)

Inventory

(1,548)

(55)

Prepaid expenses and other assets

(218)

1,198

Deferred revenue

(2,695)

3,105

Accounts payable and other current liabilities

28,474

9,985

Other liabilities

4,675

(1,809)

Net cash provided by operating activities

56,405

75,148

Cash Flows from Investing Activities:

Purchases of installation and service parts and property and equipment

(23,849)

(34,875)

Cash proceeds from the sale of assets

99

75

Net cash used in investing activities

(23,750)

(34,800)

Cash Flows from Financing Activities:

Borrowings on Amended Revolver

62,000

—

Repayment on Amended Revolver

(88,000)

—

Repayment of term loan debt

(1,722)

(2,254)

Equipment financing arrangements

39

—

Repayment of equipment financing arrangements

(210)

—

Payment of debt issuance costs

43

(219)

Share repurchases and retirement

(1,330)

—

Proceeds from the exercise of stock options

—

671

Payment of employee tax withholding related to RSUs and PSUs vesting

(226)

(384)

Net cash used in financing activities

(29,406)

(2,186)

Effect of exchange rate changes on cash and cash equivalents

(165)

1,232

Net increase in cash, cash equivalents and restricted cash

3,084

39,394

Cash, cash equivalents and restricted cash - beginning of period

50,106

114,531

Cash, cash equivalents and restricted cash - end of period

$

53,190

$

153,925

VERRA MOBILITY CORPORATION

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(Unaudited)

Six Months Ended June 30,

($ in thousands)

2026

2025

Cash Flows from Operating Activities:

Net (loss) income

$

(21,434)

$

70,914

Adjustments to reconcile net (loss) income to net cash provided by operating activities:

Depreciation and amortization

57,755

56,645

Amortization of deferred financing costs and discounts

1,122

1,903

Loss on extinguishment of debt

—

48

Share-based proceeds from legal settlement

(7,865)

—

Unrealized loss on remeasurement of share-based proceeds

2,628

—

Credit loss expense

7,210

13,856

Deferred income taxes

(5,262)

(4,467)

Stock-based compensation

7,147

13,735

Uncertain tax position reserve release

—

(1,682)

Goodwill impairment

64,037

—

Impairment of intangible assets

40,354

—

Other

881

1,227

Changes in operating assets and liabilities:

Accounts receivable

(32,412)

(23,674)

Unbilled receivables

(40,858)

(2,710)

Inventory

(9,745)

182

Prepaid expenses and other assets

11,037

5,975

Deferred revenue

(5,009)

(56)

Accounts payable and other current liabilities

22,931

7,900

Other liabilities

4,729

(1,683)

Net cash provided by operating activities

97,246

138,113

Cash Flows from Investing Activities:

Purchases of installation and service parts and property and equipment

(55,048)

(56,118)

Cash proceeds from the sale of assets

211

99

Net cash used in investing activities

(54,837)

(56,019)

Cash Flows from Financing Activities:

Borrowings on Amended Revolver

110,500

—

Repayment on Amended Revolver

(110,500)

—

Repayment of term loan debt

(3,444)

(4,509)

Equipment financing arrangements

2,908

—

Repayment of equipment financing arrangements

(210)

—

Payment of debt issuance costs

(536)

(262)

Share repurchases and retirement

(51,567)

—

Proceeds from the exercise of stock options

336

841

Payment of employee tax withholding related to RSUs and PSUs vesting

(5,474)

(6,990)

Net cash used in financing activities

(57,987)

(10,920)

Effect of exchange rate changes on cash and cash equivalents

450

1,597

Net (decrease) increase in cash, cash equivalents and restricted cash

(15,128)

72,771

Cash, cash equivalents and restricted cash - beginning of period

68,318

81,154

Cash, cash equivalents and restricted cash - end of period

$

53,190

$

153,925

VERRA MOBILITY CORPORATION

RECONCILIATION OF NET (LOSS) INCOME TO ADJUSTED EBITDA (Unaudited)

Three Months Ended June 30,

Six Months Ended June 30,

($ in thousands)

2026

2025

2026

2025

Net (loss) income

$

(48,178)

$

38,575

$

(21,434)

$

70,914

Interest expense, net

15,486

16,572

30,893

33,208

Income tax provision

5,953

14,027

19,696

26,521

Depreciation and amortization

28,530

29,155

57,755

56,645

EBITDA

1,791

98,329

86,910

187,288

Transaction and other related expenses (i)

—

1,093

—

1,093

Transformation expenses (ii)

3,219

(1,403)

7,412

(1,403)

Legal accrual/settlement (iii)

1,098

—

(9,180)

—

Goodwill impairment (iv)

64,037

—

64,037

—

Impairment of intangible assets (v)

40,354

—

40,354

—

Transfer pricing adjustments

(3)

—

(3)

—

Loss on extinguishment of debt

—

23

—

48

Stock-based compensation (vi)

195

7,279

7,147

13,735

Adjusted EBITDA

$

110,691

$

105,321

$

196,677

$

200,761

Adjusted EBITDA Margin

42

%

45

%

40

%

44

%

Net (Loss) Income Margin

(18)

%

16

%

(4)

%

15

%

Revenue

263,591

236,025

487,159

459,279

(i)

Transaction and other related expenses for the periods presented primarily related to deal costs incurred for potential acquisitions.

(ii)

Transformation expenses for the 2026 periods consist of severance and other employee separation costs. Transformation expenses for the 2025 periods represent a non-cash benefit in relation to a building lease.

(iii)

For the six months ended June 30, 2026 this relates to a legal settlement finalized in the first quarter of 2026 in the form of cash and equity securities, an adjustment relating to the equity securities to remeasure to fair value at the end of the reporting period, and directly associated legal costs incurred during the quarter. For the three months ended June 30, 2026 this consists of the quarterly adjustment relating to the equity securities to remeasure to fair value at the end of the reporting period.

(iv)

This relates to the non-cash impairment of goodwill in our Parking Solutions segment further discussed above.

(v)

This relates to the non-cash impairment of intangible assets in our Parking Solutions segment further discussed above.

(vi)

Stock-based compensation represents the non-cash charge related to the issuance of awards under the Verra Mobility Corporation Amended and Restated 2018 Equity Incentive Plan.

RECONCILIATION OF NET CASH PROVIDED BY OPERATING ACTIVITIES TO FREE CASH FLOW (Unaudited)

Three Months Ended June 30,

Six Months Ended June 30,

($ in thousands)

2026

2025

2026

2025

Net cash provided by operating activities

$

56,405

$

75,148

$

97,246

$

138,113

Purchases of installation and service parts and property and equipment

(23,849)

(34,875)

(55,048)

(56,118)

Free Cash Flow

$

32,556

$

40,273

$

42,198

$

81,995

RECONCILIATION OF NET (LOSS) INCOME TO ADJUSTED NET INCOME AND CALCULATION OF ADJUSTED EPS (Unaudited)

Three Months Ended June 30,

Six Months Ended June 30,

(In thousands, except per share data)

2026

2025

2026

2025

Net (loss) income

$

(48,178)

$

38,575

$

(21,434)

$

70,914

Amortization of intangibles

14,316

16,377

29,915

33,074

Transaction and other related expenses (i)

—

1,093

—

1,093

Transformation expenses (ii)

3,219

(1,403)

7,412

(1,403)

Legal accrual/settlement (iii)

1,098

—

(9,180)

—

Goodwill impairment (iv)

64,037

—

64,037

—

Impairment of intangible assets (v)

40,354

—

40,354

—

Tax credit on impairment

(11,254)

—

(11,254)

—

Loss on extinguishment of debt

—

23

—

48

Stock-based compensation (vi)

195

7,279

7,147

13,735

Total adjustments before income tax effect

111,965

23,369

128,431

46,547

Income tax effect on adjustments

(5,272)

(6,771)

(9,882)

(13,485)

Total adjustments after income tax effect

106,693

16,598

118,549

33,062

Adjusted Net Income

$

58,515

$

55,173

$

97,115

$

103,976

Adjusted EPS

$

0.38

$

0.34

$

0.63

$

0.64

Diluted weighted average shares outstanding (vii)

153,154

161,543

153,422

161,804

Annual estimated effective income tax rate (viii)

28

%

29

%

28

%

29

%

(i)

Transaction and other related expenses for the periods presented primarily related to deal costs incurred for potential acquisitions.

(ii)

Transformation expenses for the 2026 periods consist of severance and other employee separation costs. Transformation expenses for the 2025 periods represent a non-cash benefit in relation to a building lease.

(iii)

For the six months ended June 30, 2026 this relates to a legal settlement finalized in the first quarter of 2026 in the form of cash and equity securities, an adjustment relating to the equity securities to remeasure to fair value at the end of the reporting period, and directly associated legal costs incurred during the quarter. For the three months ended June 30, 2026 this consists of the quarterly adjustment relating to the equity securities to remeasure to fair value at the end of the reporting period.

(iv)

This relates to the non-cash impairment of goodwill in our Parking Solutions segment further discussed above.

(v)

This relates to the non-cash impairment of intangible assets in our Parking Solutions segment further discussed above.

(vi)

Stock-based compensation represents the non-cash charge related to the issuance of awards under the Verra Mobility Corporation Amended and Restated 2018 Equity Incentive Plan.

(vii)

The diluted weighted average shares outstanding used above includes the dilutive effect of common stock equivalents outstanding for the 2026 periods. This differs from the weighted average shares outstanding used for net loss per share on our condensed consolidated statement of operations which have an anti-dilutive effect for the 2026 periods.

(viii)

The annual estimated effective tax rate used above excludes discrete items as they do not impact taxable income. This rate differs from the period-to-date effective tax rate used on our condensed consolidated statements of operations which includes the discrete items.

RECONCILIATION OF TOTAL DEBT, NET TO NET DEBT AND NET LEVERAGE (Unaudited)

($ in thousands)

June 30,
2026

December 31,
2025

Total debt, net

$

1,034,657

$

1,028,045

Original issue discounts

2,027

2,193

Unamortized deferred financing costs

6,074

6,844

Total debt, excluding original issue discounts and unamortized deferred financing costs

1,042,758

1,037,082

Cash and cash equivalents

(49,561)

(65,272)

Net Debt

$

993,197

$

971,810

Net Leverage

2.4x

2.3x

Trailing twelve months adjusted EBITDA (i)

411,825

415,905

(i)

Trailing Twelve Months or "TTM" refers to the trailing four quarters and is calculated by adding the sum of the current quarter's and the prior three quarters' being measured.

QUARTERLY RESULTS AND RECONCILIATION OF NET INCOME (LOSS) TO ADJUSTED EBITDA

(Unaudited)

($ in millions)

Q1 2025

Q2 2025

Q3 2025

Q4 2025

TTM 2025

Q1 2026

Q2 2026

TTM 2026

Net income

$

32.3

$

38.6

$

46.8

$

18.9

$

136.6

$

26.7

$

(48.2)

$

44.2

Interest expense, net

16.6

16.6

16.4

15.0

64.6

15.4

15.5

62.3

Income tax provision

12.5

14.0

17.8

14.0

58.3

13.7

6.0

51.5

Depreciation and amortization

27.6

29.1

28.6

28.9

114.2

29.3

28.5

115.3

EBITDA

89.0

98.3

109.6

76.8

373.7

85.1

1.8

273.3

Transaction and other related expenses (i)

—

1.1

—

6.3

7.4

—

—

6.3

Transformation expenses (ii)

—

(1.4)

0.2

10.3

9.1

4.2

3.2

17.9

Legal accrual/settlement (iii)

—

—

(1.5)

—

(1.5)

(10.3)

1.1

(10.7)

Goodwill impairment (iv)

—

—

—

—

—

—

64.0

64.0

Impairment of intangible assets (v)

—

—

—

—

—

—

40.4

40.4

Loss on extinguishment of debt

—

—

—

1.3

1.3

—

—

1.3

Tax receivable agreement liability adjustment

—

—

—

0.7

0.7

—

—

0.7

Stock-based compensation (vi)

6.4

7.3

5.0

6.5

25.2

7.0

0.1

18.6

Adjusted EBITDA

$

95.4

$

105.3

$

113.3

$

101.9

$

415.9

$

86.0

$

110.6

$

411.8

(i)

Transaction and other related expenses for the periods presented primarily related to deal costs incurred for potential acquisitions and debt modification costs related to the 2025 refinancing on our first lien term loan

(ii)

Transformation expenses for the 2026 periods consist of severance and other employee separation costs. Transformation expenses for the periods in 2025 primarily consist of expenses related to exit activities initiated during the fourth quarter in addition to a non-cash benefit in relation to a building lease for the full year.

(iii)

This relates to a legal settlement finalized in the first quarter of 2026 in the form of cash and equity securities, adjustments related to the equity securities to remeasure to fair value at the end of the reporting periods, and directly associated legal costs incurred. For the periods in 2025 this item relates to adjustments to loss contingencies.

(iv)

This relates to the non-cash impairment of goodwill in our Parking Solutions segment further discussed above.

(v)

This relates to the non-cash impairment of intangible assets in our Parking Solutions segment further discussed above.

(vi)

Stock-based compensation represents the non-cash charge related to the issuance of awards under the Verra Mobility Corporation Amended and Restated 2018 Equity Incentive Plan.

Investor Relations Contact
Mark Zindler
[email protected]

SOURCE Verra Mobility

NEW YORK, Aug. 04, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Verra Mobility Corporation (“Verra” or the “Company”) (NASDAQ: VRRM). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased. 

The class action concerns whether Verra and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

You have until August 4, 2026, to ask the Court to appoint you as Lead Plaintiff for the class if you purchased or otherwise acquired Verra securities during the Class Period. A copy of the Complaint can be obtained at www.pomerantzlaw.com.   

[Click here for information about joining the class action]  

On May 26, 2026, Verra disclosed receipt of a termination notice effective September 2026 from Avis Budget Group – historically, one of Verra’s largest customers – regarding the companies’ contract.  Verra also announced that it is taking immediate actions to cut costs, adapt operations, and reposition its business.  Verra also revised its 2026 outlook, despite confirming all 2026 guidance metrics just 20 days earlier. 

On this news, Verra’s stock price fell $9.23 per share, or 70.57%, to close at $3.85 per share on May 27, 2026.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com. 

Attorney advertising. Prior results do not guarantee similar outcomes.  

CONTACT: 
Danielle Peyton 
Pomerantz LLP 
[email protected] 
646-581-9980 ext. 7980 

New York, New York--(Newsfile Corp. - August 4, 2026) - Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, announces that a class action lawsuit has been filed against Verra Mobility Corporation (NASDAQ: VRRM) and certain of its officers.

This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Verra securities between February 24, 2026 and May 26, 2026, both dates inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: bgandg.com/VRRM.

Verra Case Details

The Complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements and/or failed to disclose that:

Defendants misrepresented the nature and stability of Verra's relationship with Avis Budget Group ("Avis"), including the likelihood of securing a contract extension; Defendants downplayed the risk that major rental car companies, including Avis, could replace Verra's services with in-house solutions or alternative third-party providers; and as a result, Defendants' statements about the Company's business, operations, and prospects were materially false and misleading at all relevant times.What's Next for Verra Investors?

A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm's site: bgandg.com/VRRM, or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 917-590-0911. If you suffered a loss in Verra you have until August 4, 2026, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff.

No Cost to Verra Investors

We, Bronstein, Gewirtz & Grossman LLC, represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful.

Why Bronstein, Gewirtz & Grossman, LLC for Verra Securities Class Action?

Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide. More at www.bgandg.com

"Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace," said Peretz Bronstein, Founding Partner of Bronstein, Gewirtz & Grossman, LLC.

Follow us for updates on LinkedIn, X, Facebook, or Instagram.

Attorney advertising.
Prior results do not guarantee similar outcomes.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/300555

Source: Bronstein, Gewirtz & Grossman, LLC

Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.

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, /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Verra Mobility Corporation (NASDAQ: VRRM).

Shareholders who purchased shares of VRRM during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.

CONTACT US HERE:

https://securitiesclasslaw.com/securities/verra-mobility-corporation-loss-submission-form/?id=198111&from=4

CLASS PERIOD: February 24, 2026 to May 26, 2026

ALLEGATIONS: According to the complaint, defendants provided overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true state of Verra's relationship with Avis Budget Group ("Avis"), and in particular obtaining a contract extension with Avis. Further, the Company minimized concerns that major rent-a-cars could replace Verra with in-house solutions or outsourced alternatives.  On May 26, 2026, Verra issued a press release announcing a termination notice from Avis regarding its contract and accordingly lowered its 2026 full-year financial outlook. Almost one week later on June 1, 2026, the Company announced a sudden and surprising transition of its President and Chief Executive Officer David Roberts.  Following this news, the price of Verra's common stock declined dramatically. From a closing market price of $13.08 per share on May 26, 2026, Verra's stock price fell to $3.85 per share on May 27, 2026, a decline of about 71%.

DEADLINE: August 4, 2026 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/verra-mobility-corporation-loss-submission-form/?id=198111&from=4

NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of VRRM during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is August 4, 2026. There is no cost or obligation to you to participate in this case.

WHY GROSS LAW FIRM? The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: [email protected] 
Phone: (646) 453-8903

SOURCE The Gross Law Firm

VRRM DEADLINE TODAY: Verra Mobility Corp. Investors with Substantial Losses Have Opportunity to Lead the Verra Mobility Class Action Lawsuit

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Verra To Contact Him Directly To Discuss Their Options

If you purchased or acquired securities in Verra between February 24, 2026 and May 26, 2026 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

[You may also click here for additional information]

New York, New York--(Newsfile Corp. - August 3, 2026) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Verra Mobility Corporation ("Verra" or the "Company") (NASDAQ: VRRM) and reminds investors of the August 4, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.

According to the complaint, defendants provided overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true state of Verra's relationship with Avis Budget Group ("Avis"), and in particular obtaining a contract extension with Avis. Further, the Company minimized concerns that major rent-a-cars could replace Verra with in-house solutions or outsourced alternatives.

On May 26, 2026, Verra issued a press release announcing a termination notice from Avis regarding its contract and accordingly lowered its 2026 full-year financial outlook. Almost one week later on June 1, 2026, the Company announced a sudden and surprising transition of its President and Chief Executive Officer David Roberts. Following this news, the price of Verra's common stock declined dramatically.

From a closing market price of $13.08 per share on May 26, 2026, Verra's stock price fell to $3.85 per share on May 27, 2026, a decline of about 71%.

The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.

Faruqi & Faruqi, LLP also encourages anyone with information regarding Verra's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

To learn more about the Verra class action, go to www.faruqilaw.com/VRRM or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

Follow us for updates on LinkedIn, on X, or on Facebook.

Frequently Asked Questions (FAQ) for Investors Regarding the Verra Mobility Securities Class Action Lawsuit:

What is the Verra Mobility securities fraud lawsuit about?

The lawsuit alleges Verra Mobility misled investors about the strength of its relationship with Avis Budget Group, the likelihood of a contract extension, and the risk that major rental car companies could replace Verra's services with alternative solutions.

Who may be eligible to participate in the lawsuit?

Investors who purchased or acquired Verra Mobility (NASDAQ: VRRM) securities between February 24, 2026 and May 26, 2026 may be eligible to participate if they suffered losses related to the alleged misconduct described in the complaint.

What is a lead plaintiff, and how can I seek appointment?

A lead plaintiff represents the interests of the proposed class and helps oversee the litigation. Investors seeking appointment must file a motion with the court by August 4, 2026. Investors can share in any recovery without serving as lead plaintiff.

What should investors do if they purchased Verra Mobility stock during the Class Period?

Investors should review their transaction records, preserve relevant documents, and evaluate their legal rights. Those who suffered losses may wish to consult counsel regarding participation in the lawsuit or seeking lead plaintiff status before the deadline.

Why should investors contact Faruqi & Faruqi, LLP?

Faruqi & Faruqi, LLP has represented investors in securities litigation for decades and has recovered hundreds of millions of dollars for shareholders. Investors who purchased Verra Mobility securities during the Class Period may contact the firm to discuss their legal rights, potential claims, and the lead plaintiff process at no cost or obligation.

Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/307817

Source: Faruqi & Faruqi LLP

Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.

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NEW YORK, Aug. 03, 2026 (GLOBE NEWSWIRE) -- Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against Verra Mobility Corporation (“Verra Mobility” or the “Company”) (NASDAQ: VRRM) on behalf of investors that purchased or otherwise acquired Verra Mobility common stock between February 24, 2026 and May 26, 2026 (the “Class Period”).

CLICK HERE TO JOIN THE CASE

If you are an investor in Verra Mobility and have suffered losses, you may CLICK HERE to contact us. You may also contact Kaplan Fox by emailing [email protected] or by calling (646) 315-9003.

DEADLINE REMINDER: If you are a member of the proposed Class, you may move the court no later than August 4, 2026 to serve as a lead plaintiff for the purported class. If you have losses we encourage you to contact us to learn more about the lead plaintiff process. You need not seek to become a lead plaintiff in order to share in any possible recovery.

On May 26, 2026, Verra Mobility issued a press release disclosing that the Company had received a termination notice from Avis Budget Group regarding its contract, which becomes effective in September 2026. Verra Mobility further disclosed that it “expects the termination to reduce Commercial Services’ 2026 annualized revenue by approximately $135 million to $145 million and 2026 annualized segment profit by approximately $120 million to $125 million, before taking into account expected cost reduction initiatives.” Verra also lowered its full year 2026 financial outlook.

Following this news, Verra Mobility’s stock price fell $9.23 per share, or 70.6%, to close at $3.85 per share on May 27, 2026.

The complaint alleges that throughout the Class Period, Defendants provided overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true state of Verra Mobility’s relationship with Avis Budget Group.

WHY CONTACT KAPLAN FOX?

Kaplan Fox & Kilsheimer LLP is a nationally recognized law firm focused on complex litigation, with offices in New York, Oakland, Los Angeles, Chicago, and New Jersey. Founded in 1956, the firm has spent more than 50 years prosecuting securities, antitrust, and consumer protection actions in federal and state courts nationwide, recovering more than $10 billion for clients and the classes it has represented.

Kaplan Fox is widely regarded as one of the nation's premier plaintiffs' securities litigation firms and has received recognition from Chambers and Partners, Benchmark Litigation, Super Lawyers, and Lawdragon. Serving as lead or co-lead counsel in many landmark cases, the firm has secured some of the largest recoveries in the history of securities litigation, including a $2.425 billion recovery on behalf of Bank of America shareholders in In re Bank of America—the largest recovery ever obtained for claims under Section 14(a) of the Securities Exchange Act—$800 million recovered for the Arkansas Teacher Retirement System and other pension funds in ATRS v. Allianz Global Investors, and a $475 million settlement in In re Merrill Lynch.

For decades, Kaplan Fox has represented public pension funds, institutional investors, businesses, and individuals in high-stakes litigation. Through its successful advocacy and precedent-setting victories, the firm has helped shape important areas of securities and corporate law while advancing accountability and protecting investor interests.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Past results do not guarantee future outcomes.

If you have any questions about this Notice, your rights, or your interests, please contact:

CONTACT:
Pamela A. Mayer
KAPLAN FOX & KILSHEIMER LLP
800 Third Avenue, 38th Floor
New York, New York 10022
(646) 315-9003
[email protected]

Laurence D. King
KAPLAN FOX & KILSHEIMER LLP
1999 Harrison Street, Suite 1501
Oakland, California 94612
(415) 772-4704
[email protected]

Contacting or submitting information to Kaplan Fox & Kilsheimer LLP does not create an attorney-client relationship, nor an obligation on the part of Kaplan Fox to retain you as a client.

https://www.kaplanfox.com/case/verra-mobility-corporation-class-action-alert-learn-more-now/

New York, New York--(Newsfile Corp. - August 3, 2026) - Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against Verra Mobility Corporation ("Verra Mobility" or the "Company") (NASDAQ: VRRM) on behalf of investors that purchased or otherwise acquired Verra Mobility common stock between February 24, 2026 and May 26, 2026 (the "Class Period").

CLICK HERE TO JOIN THE CASE

If you are an investor in Verra Mobility and have suffered losses, you may CLICK HERE to contact us. You may also contact Kaplan Fox by emailing [email protected] or by calling (646) 315-9003.

DEADLINE REMINDER: If you are a member of the proposed Class, you may move the court no later than August 4, 2026 to serve as a lead plaintiff for the purported class. If you have losses we encourage you to contact us to learn more about the lead plaintiff process. You need not seek to become a lead plaintiff in order to share in any possible recovery.

On May 26, 2026, Verra Mobility issued a press release disclosing that the Company had received a termination notice from Avis Budget Group regarding its contract, which becomes effective in September 2026. Verra Mobility further disclosed that it "expects the termination to reduce Commercial Services' 2026 annualized revenue by approximately $135 million to $145 million and 2026 annualized segment profit by approximately $120 million to $125 million, before taking into account expected cost reduction initiatives." Verra also lowered its full year 2026 financial outlook.

Following this news, Verra Mobility's stock price fell $9.23 per share, or 70.6%, to close at $3.85 per share on May 27, 2026.

The complaint alleges that throughout the Class Period, Defendants provided overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true state of Verra Mobility's relationship with Avis Budget Group.

WHY CONTACT KAPLAN FOX?

Kaplan Fox & Kilsheimer LLP is a nationally recognized law firm focused on complex litigation, with offices in New York, Oakland, Los Angeles, Chicago, and New Jersey. Founded in 1956, the firm has spent more than 50 years prosecuting securities, antitrust, and consumer protection actions in federal and state courts nationwide, recovering more than $10 billion for clients and the classes it has represented.

Kaplan Fox is widely regarded as one of the nation's premier plaintiffs' securities litigation firms and has received recognition from Chambers and Partners, Benchmark Litigation, Super Lawyers, and Lawdragon. Serving as lead or co-lead counsel in many landmark cases, the firm has secured some of the largest recoveries in the history of securities litigation, including a $2.425 billion recovery on behalf of Bank of America shareholders in In re Bank of America-the largest recovery ever obtained for claims under Section 14(a) of the Securities Exchange Act-$800 million recovered for the Arkansas Teacher Retirement System and other pension funds in ATRS v. Allianz Global Investors, and a $475 million settlement in In re Merrill Lynch.

For decades, Kaplan Fox has represented public pension funds, institutional investors, businesses, and individuals in high-stakes litigation. Through its successful advocacy and precedent-setting victories, the firm has helped shape important areas of securities and corporate law while advancing accountability and protecting investor interests.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Past results do not guarantee future outcomes.

If you have any questions about this Notice, your rights, or your interests, please contact:

Contacting or submitting information to Kaplan Fox & Kilsheimer LLP does not create an attorney-client relationship, nor an obligation on the part of Kaplan Fox to retain you as a client.

https://www.kaplanfox.com/case/verra-mobility-corporation-class-action-alert-learn-more-now/

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/307660

Source: Kaplan Fox & Kilsheimer LLP

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, /PRNewswire/ -- Schall Brown & Schwartz LLP, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Verra Mobility Corporation ("Verra" or "the Company") (NASDAQ: VRRM) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

If you purchased Verra Mobility Corporation securities you may be entitled to compensation without payment of any out-of-pocket fees or costs. Shareholders who purchased shares of VRRM during the class period listed are encouraged to contact SBS to find out if they are eligible to recover their losses or lead this lawsuit. Appointment as lead plaintiff is not required to partake in any recovery. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

CLASS PERIOD: February 24, 2026 to May 26

DEADLINE: August 4, 2026

If you are a shareholder who suffered a loss, click here to participate.

Details of the Case: According to the Complaint, the Company made false and misleading statements to the market. Verra misled investors about its growth prospects. The Company downplayed the risk of major customers in the rental car industry replacing its services with in-house solutions. The Company concealed the fact that its relationship with Avis Budget Group, which represented 10% of its revenue, was at significant risk of falling apart. The Company finally revealed that Avis Budget Group terminated its relationship on May 26, 2026. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about Verra, investors suffered damages.

We encourage investors to contact Brian Schall and David Schwartz of Schall Brown & Schwartz, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

Join the case to recover your losses

Why SBS: Schall Brown & Schwartz represents investors around the world, specializing in securities class action lawsuits and shareholder rights litigation. SBS brings together the extensive experience and diverse skillsets of founding partners Brian Schall, Andrew Brown, and David Schwartz. SBS attorneys are responsible for recovering over a billion dollars for violations of securities laws and corporate misfeasance.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.             

CONTACT:
Schall Brown & Schwartz LLP
Brian Schall, Esq.,
Andrew Brown, Esq.,
David Schwartz, Esq.,
www.schallfirm.com
Office: 310-301-3335
[email protected]

SOURCE Schall, Brown & Schwartz LLP

NEW YORK, Aug. 02, 2026 (GLOBE NEWSWIRE) -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, announces that a class action lawsuit has been filed against Verra Mobility Corporation (NASDAQ: VRRM) and certain of its officers.

This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Verra securities between February 24, 2026 and May 26, 2026, both dates inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm’s site: bgandg.com/VRRM.

Verra Case Details

The Complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements and/or failed to disclose that:

(1)Defendants misrepresented the nature and stability of Verra’s relationship with Avis Budget Group (“Avis”), including the likelihood of securing a contract extension;(2)Defendants downplayed the risk that major rental car companies, including Avis, could replace Verra’s services with in-house solutions or alternative third-party providers; and(3)as a result, Defendants’ statements about the Company’s business, operations, and prospects were materially false and misleading at all relevant times.
What's Next for Verra Investors?

A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm’s site: bgandg.com/VRRM. or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 917-590-0911. If you suffered a loss in Verra you have until August 4, 2026, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff.

No Cost to Verra Investors

We, Bronstein, Gewirtz & Grossman LLC, represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys’ fees, usually a percentage of the total recovery, only if we are successful.

Why Bronstein, Gewirtz & Grossman, LLC for Verra Securities Class Action?

Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide. More at www.bgandg.com

"Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace," said Peretz Bronstein, Founding Partner of Bronstein, Gewirtz & Grossman, LLC.

Follow us for updates on LinkedIn, X, Facebook, or Instagram.

Contact Info

Peretz Bronstein, Esq. or Nathan Miller
Bronstein, Gewirtz & Grossman, LLC
917-590-0911 | [email protected]

Attorney advertising.
Prior results do not guarantee similar outcomes.

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Verra To Contact Him Directly To Discuss Their Options

If you purchased or acquired securities in Verra between February 24, 2026 and May 26, 2026 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

[You may also click here for additional information]

New York, New York--(Newsfile Corp. - August 1, 2026) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Verra Mobility Corporation ("Verra" or the "Company") (NASDAQ: VRRM) and reminds investors of the August 4, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.

According to the complaint, defendants provided overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true state of Verra's relationship with Avis Budget Group ("Avis"), and in particular obtaining a contract extension with Avis. Further, the Company minimized concerns that major rent-a-cars could replace Verra with in-house solutions or outsourced alternatives.

On May 26, 2026, Verra issued a press release announcing a termination notice from Avis regarding its contract and accordingly lowered its 2026 full-year financial outlook. Almost one week later on June 1, 2026, the Company announced a sudden and surprising transition of its President and Chief Executive Officer David Roberts. Following this news, the price of Verra's common stock declined dramatically.

From a closing market price of $13.08 per share on May 26, 2026, Verra's stock price fell to $3.85 per share on May 27, 2026, a decline of about 71%.

The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.

Faruqi & Faruqi, LLP also encourages anyone with information regarding Verra's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

To learn more about the Verra class action, go to www.faruqilaw.com/VRRM or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

Follow us for updates on LinkedIn, on X, or on Facebook.

Frequently Asked Questions (FAQ) for Investors Regarding the Verra Mobility Securities Class Action Lawsuit:

What is the Verra Mobility securities fraud lawsuit about?

The lawsuit alleges Verra Mobility misled investors about the strength of its relationship with Avis Budget Group, the likelihood of a contract extension, and the risk that major rental car companies could replace Verra's services with alternative solutions.

Who may be eligible to participate in the lawsuit?

Investors who purchased or acquired Verra Mobility (NASDAQ: VRRM) securities between February 24, 2026 and May 26, 2026 may be eligible to participate if they suffered losses related to the alleged misconduct described in the complaint.

What is a lead plaintiff, and how can I seek appointment?

A lead plaintiff represents the interests of the proposed class and helps oversee the litigation. Investors seeking appointment must file a motion with the court by August 4, 2026. Investors can share in any recovery without serving as lead plaintiff.

What should investors do if they purchased Verra Mobility stock during the Class Period?

Investors should review their transaction records, preserve relevant documents, and evaluate their legal rights. Those who suffered losses may wish to consult counsel regarding participation in the lawsuit or seeking lead plaintiff status before the deadline.

Why should investors contact Faruqi & Faruqi, LLP?

Faruqi & Faruqi, LLP has represented investors in securities litigation for decades and has recovered hundreds of millions of dollars for shareholders. Investors who purchased Verra Mobility securities during the Class Period may contact the firm to discuss their legal rights, potential claims, and the lead plaintiff process at no cost or obligation.

Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/307356

Source: Faruqi & Faruqi LLP

Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.

Contact Us

, /PRNewswire/ -- Hagens Berman Sobol Shapiro LLP alerts investors in Verra Mobility Corporation (NASDAQ: VRRM) that a securities fraud class action lawsuit has been filed, and the firm has broadened its ongoing investigation into the company following an abrupt leadership transition. Investors suffering substantial losses are encouraged to contact the firm now.

Key VRRM Class Action Case Details

Class Period: Feb. 24, 2026 – May 26, 2026 Lead Plaintiff Deadline: Aug. 4, 2026 Contact Hagens Berman to discuss your rights, evaluate recovery options, or seek appointment as lead plaintiff: [email protected]
                                                            844-916-0895
                                                            www.hbsslaw.com/investor-fraud/vrrm Core Allegations in Verra Mobility Lawsuit

The lawsuit alleges that Verra and certain executives made materially false and misleading statements and concealed critical adverse facts regarding the true state of the company's relationship with Avis Budget Group. Defendants allegedly downplayed the risk of major rental car customers replacing Verra's services with in-house or outsourced alternatives and misrepresented the likelihood of securing an Avis contract renewal.

Alleged Corrective Disclosure and Market Reaction

Date

Corrective Event

Stock Price Impact

May 26 – 27, 2026

Verra discloses the sudden Avis
contract termination notice,
slashes its 2026 outlook,
announces operational
restructuring, and initiates an
internal review of negotiations

-71.0% single-day crash

(Plummeting from $13.08 to
close at $3.85 on May 27,
wiping out roughly $1.4 billion
in market cap)

View our latest video summary of the allegations: youtu.be/FVEw5XACoGA

Hagens Berman's Expanded Investigation

In addition to investigating the lawsuit's claims that Verra misled investors about the stability of key revenue streams and contract negotiations, Hagens Berman's expanded investigation also focuses on the sudden June 1, 2026 departure of long-time CEO David Roberts—ending a 12-year tenure—and whether this leadership vacuum is causally linked to the catastrophic loss of the Avis contract and subsequent disclosures.

"Our investigation is focused on the extent to which and when Verra and its executives knew that renegotiations with Avis were far from constructive, as the May 26 surprise reveals," said Reed Kathrein, the Hagens Berman partner leading the firm's investigation.

What Affected VRRM Investors Can Do

If you purchased or acquired Verra Mobility common stock between February 24, 2026, and May 26, 2026, and suffered losses, you have until August 4, 2026, to ask the court to appoint you as lead plaintiff.

To learn more about your legal options, or if you have knowledge that will assist the firm's investigation, submit your information to Hagens Berman.

If you'd like more information and answers to other frequently asked questions about the Verra case and the firm's investigation, read more.

Whistleblowers: Persons with non-public information regarding Verra should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email [email protected].

About Hagens Berman
Hagens Berman is a global plaintiffs' rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman's team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw. 

Attorney Advertising. Prior results do not guarantee a similar outcome in any future case.

SOURCE Hagens Berman Sobol Shapiro LLP

NEW YORK, July 31, 2026 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Verra Mobility Corporation (NASDAQ: VRRM).

Shareholders who purchased shares of VRRM during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.

CONTACT US HERE:

https://securitiesclasslaw.com/securities/verra-mobility-corporation-loss-submission-form/?id=197233&from=3 

CLASS PERIOD: February 24, 2026 to May 26, 2026

ALLEGATIONS: According to the complaint, defendants provided overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true state of Verra’s relationship with Avis Budget Group (“Avis”), and in particular obtaining a contract extension with Avis. Further, the Company minimized concerns that major rent-a-cars could replace Verra with in-house solutions or outsourced alternatives. On May 26, 2026, Verra issued a press release announcing a termination notice from Avis regarding its contract and accordingly lowered its 2026 full-year financial outlook. Almost one week later on June 1, 2026, the Company announced a sudden and surprising transition of its President and Chief Executive Officer David Roberts. Following this news, the price of Verra’s common stock declined dramatically. From a closing market price of $13.08 per share on May 26, 2026, Verra’s stock price fell to $3.85 per share on May 27, 2026, a decline of about 71%.

DEADLINE: August 4, 2026 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/verra-mobility-corporation-loss-submission-form/?id=197233&from=3

NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of VRRM during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is August 4, 2026. There is no cost or obligation to you to participate in this case.

WHY GROSS LAW FIRM? The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: [email protected] 
Phone: (646) 453-8903

SAN FRANCISCO, July 30, 2026 (GLOBE NEWSWIRE) -- Hagens Berman Sobol Shapiro LLP alerts investors in Verra Mobility Corporation (NASDAQ: VRRM) that a securities fraud class action lawsuit has been filed, and the firm has broadened its ongoing investigation into the company following an abrupt leadership transition. Investors suffering substantial losses are encouraged to contact the firm now.

Key VRRM Class Action Case Details

Class Period: Feb. 24, 2026 – May 26, 2026Lead Plaintiff Deadline: Aug. 4, 2026Contact Hagens Berman to discuss your rights, evaluate recovery options, or seek appointment as lead plaintiff:
[email protected]
844-916-0895              
www.hbsslaw.com/investor-fraud/vrrm Core Allegations in Verra Mobility Lawsuit

The lawsuit alleges that Verra and certain executives made materially false and misleading statements and concealed critical adverse facts regarding the true state of the company's relationship with Avis Budget Group. Defendants allegedly downplayed the risk of major rental car customers replacing Verra’s services with in-house or outsourced alternatives and misrepresented the likelihood of securing an Avis contract renewal.

Alleged Corrective Disclosure and Market Reaction

DateCorrective Event Stock Price ImpactMay 26 – 27, 2026Verra discloses the sudden Avis contract termination notice, slashes its 2026 outlook, announces operational restructuring, and initiates an internal review of negotiations -71.0% single-day crash(Plummeting from $13.08 to close at $3.85 on May 27, wiping out roughly $1.4 billion in market cap)

     View our latest video summary of the allegations: youtu.be/FVEw5XACoGA

Hagens Berman’s Expanded Investigation

In addition to investigating the lawsuit’s claims that Verra misled investors about the stability of key revenue streams and contract negotiations, Hagens Berman’s expanded investigation also focuses on the sudden June 1, 2026 departure of long-time CEO David Roberts—ending a 12-year tenure—and whether this leadership vacuum is causally linked to the catastrophic loss of the Avis contract and subsequent disclosures.

“Our investigation is focused on the extent to which and when Verra and its executives knew that renegotiations with Avis were far from constructive, as the May 26 surprise reveals,” said Reed Kathrein, the Hagens Berman partner leading the firm’s investigation.

What Affected VRRM Investors Can Do

If you purchased or acquired Verra Mobility common stock between February 24, 2026, and May 26, 2026, and suffered losses, you have until August 4, 2026, to ask the court to appoint you as lead plaintiff.

To learn more about your legal options, or if you have knowledge that will assist the firm’s investigation, submit your information to Hagens Berman.

If you’d like more information and answers to other frequently asked questions about the Verra case and the firm’s investigation, read more.

Whistleblowers: Persons with non-public information regarding Verra should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email [email protected].

About Hagens Berman
Hagens Berman is a global plaintiffs’ rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman’s team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw. 

Attorney Advertising. Prior results do not guarantee a similar outcome in any future case.

Contact:
Reed Kathrein, 844-916-0895

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/68061a71-c7db-495c-8081-50af32b0a62d

A video accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/e3fdbe1b-af44-454a-b32b-54e2bea2488c

Verra Mobility Corporation (VRRM) Securities Class Action Hagens Berman Highlights Lawsuit Targeting Verra Mobility Corporation (VRRM) Over Alleged Misleading... Verra Mobility Corporation (VRRM) Securities Class Action Lawsuit | Avis Termination, CEO Departure A lawsuit has been filed against Verra Mobility Corporation (NASDAQ: #VRRM) after shares fell 70% in...

NEW YORK, July 30, 2026 (GLOBE NEWSWIRE) -- Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against Verra Mobility Corporation (“Verra Mobility” or the “Company”) (NASDAQ: VRRM) on behalf of investors that purchased or otherwise acquired Verra Mobility common stock between February 24, 2026 and May 26, 2026 (the “Class Period”).

CLICK HERE TO JOIN THE CASE

If you are an investor in Verra Mobility and have suffered losses, you may CLICK HERE to contact us. You may also contact Kaplan Fox by emailing [email protected] or by calling (646) 315-9003.

DEADLINE REMINDER: If you are a member of the proposed Class, you may move the court no later than August 4, 2026 to serve as a lead plaintiff for the purported class. If you have losses we encourage you to contact us to learn more about the lead plaintiff process. You need not seek to become a lead plaintiff in order to share in any possible recovery.

On May 26, 2026, Verra Mobility issued a press release disclosing that the Company had received a termination notice from Avis Budget Group regarding its contract, which becomes effective in September 2026. Verra Mobility further disclosed that it “expects the termination to reduce Commercial Services’ 2026 annualized revenue by approximately $135 million to $145 million and 2026 annualized segment profit by approximately $120 million to $125 million, before taking into account expected cost reduction initiatives.” Verra also lowered its full year 2026 financial outlook.

Following this news, Verra Mobility’s stock price fell $9.23 per share, or 70.6%, to close at $3.85 per share on May 27, 2026.

The complaint alleges that throughout the Class Period, Defendants provided overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true state of Verra Mobility’s relationship with Avis Budget Group.

WHY CONTACT KAPLAN FOX?

Kaplan Fox & Kilsheimer LLP is a nationally recognized law firm focused on complex litigation, with offices in New York, Oakland, Los Angeles, Chicago, and New Jersey. Founded in 1956, the firm has spent more than 50 years prosecuting securities, antitrust, and consumer protection actions in federal and state courts nationwide, recovering more than $10 billion for clients and the classes it has represented.

Kaplan Fox is widely regarded as one of the nation's premier plaintiffs' securities litigation firms and has received recognition from Chambers and Partners, Benchmark Litigation, Super Lawyers, and Lawdragon. Serving as lead or co-lead counsel in many landmark cases, the firm has secured some of the largest recoveries in the history of securities litigation, including a $2.425 billion recovery on behalf of Bank of America shareholders in In re Bank of America—the largest recovery ever obtained for claims under Section 14(a) of the Securities Exchange Act—$800 million recovered for the Arkansas Teacher Retirement System and other pension funds in ATRS v. Allianz Global Investors, and a $475 million settlement in In re Merrill Lynch.

For decades, Kaplan Fox has represented public pension funds, institutional investors, businesses, and individuals in high-stakes litigation. Through its successful advocacy and precedent-setting victories, the firm has helped shape important areas of securities and corporate law while advancing accountability and protecting investor interests.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Past results do not guarantee future outcomes.

If you have any questions about this Notice, your rights, or your interests, please contact:

CONTACT:
Pamela A. Mayer
KAPLAN FOX & KILSHEIMER LLP
800 Third Avenue, 38th Floor
New York, New York 10022
(646) 315-9003
[email protected]

Laurence D. King
KAPLAN FOX & KILSHEIMER LLP
1999 Harrison Street, Suite 1501
Oakland, California 94612
(415) 772-4704
[email protected]

Contacting or submitting information to Kaplan Fox & Kilsheimer LLP does not create an attorney-client relationship, nor an obligation on the part of Kaplan Fox to retain you as a client.

https://www.kaplanfox.com/case/verra-mobility-corporation-class-action-alert-learn-more-now/

NEW YORK--(BUSINESS WIRE)---- $VRRM #VRRM--Rosen Law Firm, a global investor rights law firm, reminds investors about a class action lawsuit on behalf of purchasers of common stock of Verra Mobility Corporation (NASDAQ: VRRM) between February 24, 2026 and May 26, 2026, inclusive (the “Class Period”). Verra Mobility provides smart mobility technology solutions.For more information, submit a form, email attorney Phillip Kim, or give us a call at 866-767-3653.The Allegations: Rosen Law Firm is Investigating the Al.

4.67K Followers

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

New York, New York--(Newsfile Corp. - July 29, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Verra Mobility Corporation (NASDAQ: VRRM) between February 24, 2026 and May 26, 2026, inclusive (the "Class Period"), of the important August 4, 2026 lead plaintiff deadline.

SO WHAT: If you purchased Verra common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Verra class action, go to https://rosenlegal.com/cases/verra-mobility-corporation-2026/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 4, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the complaint, defendants provided overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true state of Verra's relationship with Avis Budget Group ("Avis"), and in particular obtaining a contract extension with Avis. Further, Verra minimized concerns that major rent-a-cars could replace Verra with in-house solutions or outsourced alternatives. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Verra class action, go to https://rosenlegal.com/cases/verra-mobility-corporation-2026/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

-------------------------------

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/307170

Source: The Rosen Law Firm PA

Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.

Contact Us

NEW YORK, July 29, 2026 (GLOBE NEWSWIRE) -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, announces that a class action lawsuit has been filed against Verra Mobility Corporation (NASDAQ: VRRM) and certain of its officers.

This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Verra securities between February 24, 2026 and May 26, 2026, both dates inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm’s site: bgandg.com/VRRM.

Verra Case Details

The Complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements and/or failed to disclose that:

(1)Defendants misrepresented the nature and stability of Verra’s relationship with Avis Budget Group (“Avis”), including the likelihood of securing a contract extension;(2)Defendants downplayed the risk that major rental car companies, including Avis, could replace Verra’s services with in-house solutions or alternative third-party providers; and(3)as a result, Defendants’ statements about the Company’s business, operations, and prospects were materially false and misleading at all relevant times.
What's Next for Verra Investors?

A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm’s site: bgandg.com/VRRM. or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 917-590-0911. If you suffered a loss in Verra you have until August 4, 2026, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff.

No Cost to Verra Investors

We, Bronstein, Gewirtz & Grossman LLC, represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys’ fees, usually a percentage of the total recovery, only if we are successful.

Why Bronstein, Gewirtz & Grossman, LLC for Verra Securities Class Action?

Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide. More at www.bgandg.com

"Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace," said Peretz Bronstein, Founding Partner of Bronstein, Gewirtz & Grossman, LLC.

Follow us for updates on LinkedIn, X, Facebook, or Instagram.

Contact Info

Peretz Bronstein, Esq. or Nathan Miller
Bronstein, Gewirtz & Grossman, LLC
917-590-0911 | [email protected]

Attorney advertising.
Prior results do not guarantee similar outcomes.

NEW YORK, July 29, 2026 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP, a nationally acclaimed investor rights law firm, reminds Verra Mobility Corporation (“Verra” or the “Company”) (NASDAQ: VRRM) investors of the August 4, 2026 deadline involving a securities fraud class action lawsuit commenced against the Company.

Should You Join The Verra Mobility Class Action Lawsuit:

Do you, or did you, own shares of Verra Mobility Corporation (NASDAQ: VRRM)?
Did you purchase your shares between February 24, 2026 and May 26, 2026, inclusive?
Did you lose money in your investment in Verra Mobility Corporation?
Investors are encouraged to act promptly and submit a form at Verra Mobility Corporation Shareholder Class Action Lawsuit or contact Investor Relations Manager Peter Allocco at (212) 951-2030 or [email protected].

If you wish to serve as lead plaintiff for the Class, you must file papers by August 4, 2026. A lead plaintiff is a representative party acting on other class members’ behalf in directing the litigation. Your ability to share in any recovery doesn’t require that you serve as lead plaintiff. If you choose to take no action, you may remain an absent class member.

All representation is on a contingency fee basis. Shareholders pay no fees or expenses.

About The Lawsuit:

A lawsuit was filed on behalf of investors (the “Class”) who purchased or acquired the common stock of Verra between February 24, 2026 and May 26, 2026, inclusive, alleging violations of the Securities Exchange Act of 1934 against the Company and certain of its senior officers.

The lawsuit alleges that defendants made materially false and misleading statements and omissions regarding the Company’s business operations, growth prospects, and financial stability. As a result of these alleged misrepresentations, Verra common stock traded at artificially inflated prices during the Class Period. When the truth was disclosed, investors allegedly suffered significant losses.

About Bernstein Liebhard:

Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of class actions, the Firm has been named to The National Law Journal’s “Plaintiffs’ Hot List” thirteen times and listed in The Legal 500 for sixteen consecutive years.

ATTORNEY ADVERTISING. © 2026 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. Prior results do not guarantee or predict a similar outcome with respect to any future matter.

Contact Information:

Peter Allocco
Investor Relations Manager
Bernstein Liebhard LLP
https://www.bernlieb.com
(212) 951-2030
[email protected]

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Verra To Contact Him Directly To Discuss Their Options

If you purchased or acquired securities in Verra between February 24, 2026 and May 26, 2026 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

[You may also click here for additional information]

NEW YORK, July 29, 2026 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Verra Mobility Corporation (“Verra” or the “Company”) (NASDAQ: VRRM) and reminds investors of the August 4, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.

According to the complaint, defendants provided overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true state of Verra’s relationship with Avis Budget Group (“Avis”), and in particular obtaining a contract extension with Avis. Further, the Company minimized concerns that major rent-a-cars could replace Verra with in-house solutions or outsourced alternatives.

On May 26, 2026, Verra issued a press release announcing a termination notice from Avis regarding its contract and accordingly lowered its 2026 full-year financial outlook. Almost one week later on June 1, 2026, the Company announced a sudden and surprising transition of its President and Chief Executive Officer David Roberts. Following this news, the price of Verra’s common stock declined dramatically.

From a closing market price of $13.08 per share on May 26, 2026, Verra’s stock price fell to $3.85 per share on May 27, 2026, a decline of about 71%.

The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.  

Faruqi & Faruqi, LLP also encourages anyone with information regarding Verra’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

To learn more about the Verra class action, go to www.faruqilaw.com/VRRM or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

Follow us for updates on LinkedIn, on X, or on Facebook.

Frequently Asked Questions (FAQ) for Investors Regarding the Verra Mobility Securities Class Action Lawsuit:

What is the Verra Mobility securities fraud lawsuit about?

The lawsuit alleges Verra Mobility misled investors about the strength of its relationship with Avis Budget Group, the likelihood of a contract extension, and the risk that major rental car companies could replace Verra’s services with alternative solutions.

Who may be eligible to participate in the lawsuit?

Investors who purchased or acquired Verra Mobility (NASDAQ: VRRM) securities between February 24, 2026 and May 26, 2026 may be eligible to participate if they suffered losses related to the alleged misconduct described in the complaint.

What is a lead plaintiff, and how can I seek appointment?

A lead plaintiff represents the interests of the proposed class and helps oversee the litigation. Investors seeking appointment must file a motion with the court by August 4, 2026. Investors can share in any recovery without serving as lead plaintiff.

What should investors do if they purchased Verra Mobility stock during the Class Period?

Investors should review their transaction records, preserve relevant documents, and evaluate their legal rights. Those who suffered losses may wish to consult counsel regarding participation in the lawsuit or seeking lead plaintiff status before the deadline.

Why should investors contact Faruqi & Faruqi, LLP?

Faruqi & Faruqi, LLP has represented investors in securities litigation for decades and has recovered hundreds of millions of dollars for shareholders. Investors who purchased Verra Mobility securities during the Class Period may contact the firm to discuss their legal rights, potential claims, and the lead plaintiff process at no cost or obligation.

Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/7f60c456-51b6-4096-a862-d5d3beda6cc5