Verra Mobility (VRRM) Q1 2026 Earnings Transcript

Motley Fool Transcribing, The Motley Fool

Thu, May 7, 2026 astatine 12:33 PM CDT 32 min read

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Date

Wednesday, May 6, 2026 astatine 5 p.m. ET

Call participants

• Chief Executive Officer — David Roberts

• Chief Financial Officer — Craig Conti

Full Conference Call Transcript

David Roberts, Verra Mobility's Chief Executive Officer; and Craig Conti, our Chief Financial Officer. David volition statesman with prepared remarks, followed by Craig, and past we'll unfastened up the telephone for Q&A. Management whitethorn marque forward-looking statements during the telephone regarding aboriginal events and expectations, anticipated aboriginal trends and the anticipated aboriginal show of the company. We caution you that specified statements are not guarantees of aboriginal show and impact risks and uncertainties that are hard to predict. Actual results whitethorn disagree materially from those projected successful the forward-looking statements owed to a assortment of hazard factors. These factors are described successful our SEC filings.

Please notation to our net property merchandise and capitalist presumption for our cautionary enactment connected forward-looking statements. Any forward-looking statements that we marque connected this telephone are based connected our beliefs and assumptions today, and we bash not undertake immoderate work to update forward-looking statements. Finally, during today's call, we'll notation to definite non-GAAP fiscal measures. A reconciliation of these non-GAAP measures to the astir straight comparable GAAP measurement is included successful our net release, quarterly net presumption and capitalist presentation, each of which tin beryllium recovered connected our website astatine ir.verramobility.com. With that, I'll crook the telephone implicit to David.

David Roberts: Good afternoon, everyone, and convey you for joining america today. I'll statesman with a little overview of our show for the archetypal quarter, followed by a commentary connected our concern segments, operational advancement and outlook for the remainder of the year. Overall, we are pleased with our show successful the archetypal quarter, which represents a coagulated commencement to 2026. We delivered apical enactment results successful enactment with our interior expectations with upside and profitability portion gathering connected our momentum successful respective of our cardinal maturation areas. At Verra Mobility, we stay steadfast successful our mission, delivering exertion solutions to marque proscription safer, smarter and much connected. This ngo guides our strategy and execution crossed the organization.

Before I stock the details of those results, fto maine instrumentality a infinitesimal to reiterate our strategy, which is centered connected the taxable of safe, astute and connected. This is really the model outlining our competitory vantage and wherever we spot maturation opportunities for the company. Safe should beryllium evident that it's been the cornerstone since our -- it's been the cornerstone since our institution was founded. Last year, we saw a affirmative roadworthy information momentum, but there's inactive a agelong mode to spell to dramatically decreasing postulation fatalities and crashes.