Verra Mobility Corp (NAS:VRRM)
$ 23.57 -0.04 (-0.17%) Market Cap: 3.88 Bil Enterprise Value: 4.75 Bil PE Ratio: 39.95 PB Ratio: 7.98 GF Score: 88/100
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Q3 2024 Verra Mobility Corp Earnings Call Transcript

Oct 31, 2024 / 09:00PM GMT
Release Date Price: $25.97 (-1.33%)
Operator

Good afternoon. Ladies and gentlemen and welcome to the Verra Mobility third quarter, 2024 earnings conference call at this time. (Operator Instructions) I would now like to turn the conference over to Mark Zindler, Vice President, Investor Relations. Please go ahead.

David Roberts
Verra Mobility Corp - President, Chief Executive Officer, Director

(technical difficulty) demonstrating what we view as the predictable strength of our portfolio of businesses. Based on our year-to-date financial performance and our outlook for the remainder of the year, we are reaffirming full year 2024 revenue, adjusted EBITDA and adjusted EPS guidance while increasing the adjusted free cash flow guide to the upper end of the range. Craig will elaborate on the details in his remarks.

Today, we'll highlight 4 value drivers underpinning our businesses. The current sentiment from the major airlines continues to suggest resilient travel demand, albeit off the first half of 2024 highlights. Second, the demand for automated photo enforcement is strong and growing. Third, the

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