Q3 2020 Consolidated Results - Total revenue decreased by $313 million, a 24% decrease, to $969 million in Q3 2020 from $1282 million in Q3 2019[23] - Adjusted EBITDA decreased from $708 million to $535 million in the same quarter of 2019[23] - Cash flow from operations was $218 million in Q3 2020 and $443 million year-to-date[23] - Cash on hand improved to $1292 million at the end of Q3, up from $1132 million at the end of Q2[23] Commercial Services Segment - Revenue of $442 million in Q3 decreased 431% from the same quarter in the prior year[11] - Adjusted EBITDA of $310 million in the quarter decreased $200 million, or 393%, from the same period of the prior year[11] - Operating expenses of $118 million in Q3 2020 decreased by $60 million, or 336%, from the same period in the prior year[11] Government Solutions Segment - Revenue of $528 million in Q3 increased 42% from the same quarter in the prior year[17] - Adjusted EBITDA of $225 million in the quarter improved $27 million, or 138%, from the same period of the prior year[17]
Verra Mobility(VRRM) - 2020 Q3 - Earnings Call Presentation