Verra Mobility(US:VRRM)2025-07-10 08:51Financial Performance - Consolidated - Verra Mobility's total revenue in Q2 2019 increased by $11.4 million to $109.6 million, compared to $98.2 million in Q2 2018[28] - Adjusted EBITDA for Q2 2019 was $59.7 million, up from $54.6 million in the same quarter of 2018[28] - The company's leverage ratio decreased, reflecting increased EBITDA and strong cash flow generation[28] - The company generated cash flow from operations of $8.4 million[28] Financial Performance - Commercial Services - Commercial Services revenue for Q2 2019 was $68.1 million, a 14% increase compared to the same quarter in the prior year[19] - Adjusted EBITDA for Commercial Services in Q2 2019 improved by $4.4 million, or 11%, to $44.1 million[19] Financial Performance - Government Solutions - Government Solutions revenue for Q2 2019 increased by 8% to $41.5 million compared to the same quarter in the prior year[19] - Adjusted EBITDA for Government Solutions in Q2 2019 increased to $15.6 million from $14.7 million in the prior year[19] Guidance - The company updated its full-year 2019 revenue guidance to a range of $433 million to $441 million, representing year-over-year growth of 11% to 13%[29] - Adjusted EBITDA guidance for full-year 2019 was updated to a range of $235 million to $240 million, representing year-over-year growth of 12% to 15%[29] - The adjusted EBITDA margin is expected to be between 54.3% and 54.4%[29]