Workflow
Traffic Technology Services
icon
Search documents
Verra Mobility (VRRM) Q3 2025 Earnings Transcript
Yahoo Financeยท 2025-10-29 22:16
We expect that the new contract will have a five-year term with an option for a five-year renewal and an estimated total contract value of $963 million. We expect annual service revenue to grow from about $135 million in 2024 to a range of $165 to $185 million by 2027. Furthermore, the New York City Department of Transportation has elected to purchase its own equipment, which is expected to add $20 million to $30 million in product revenue in both 2026 and 2027. Craig will cover additional financial details ...