Brief: Verra Mobility Corp FILES SEC FORM 12B-25; PROVIDES BUSINESS UPDATE

Verra Mobility

28/02/2022 14:23

Feb 28 (Reuters) - Verra Mobility Corp  VRRM.O :
    * VERRA MOBILITY FILES SEC FORM 12B-25; PROVIDES BUSINESS
UPDATE
    * VERRA MOBILITY CORP - WILL NOT BE ABLE TO FILE ITS FORM
10-K BY
ITS DUE DATE OF MARCH 1, 2022
    * VERRA MOBILITY CORP - TOTAL REVENUE FOR FULL YEAR 2021 IS
EXPECTED TO EXCEED HIGH END OF GUIDANCE RANGE PROVIDED ON
NOVEMBER 4, 2021
    * VERRA MOBILITY CORP - NOT EXPECTED TO FILE ITS FORM 10-K
WITHIN
15-DAY EXTENSION PERIOD ALLOWED BY FORM
    * VERRA MOBILITY CORP - FOR FULL YEAR 2021, ADJUSTED EBITDA
IS
EXPECTED TO EXCEED HIGH END OF GUIDANCE RANGE AS PROVIDED ON
NOVEMBER 4, 2021
    * VERRA MOBILITY CORP - EXPECTS CASH FLOWS FROM OPERATING
ACTIVITIES TO EXCEED $190 MILLION FOR FULL YEAR 2021
    * VERRA MOBILITY - DURING 2021 FINANCIAL STATEMENT REVIEW,
DETERMINED REVENUES FROM AUSTRALIAN UNIT MAY NOT HAVE BEEN
RECORDED IN ACCORDANCE WITH GAAP
    * VERRA MOBILITY - CONDUCTING INVESTIGATION TO DETERMINE
WHETHER
ANY RELATED ADJUSTMENT NECESSARY FOR PREVIOUSLY ISSUED
STATEMENTS FOR Q2, Q3 2021
    * VERRA MOBILITY CORP - EXPECTS TO FILE ITS FORM 10-K AS
SOON AS
COMPANY'S REVIEW PROCESS IS COMPLETE
    * VERRA MOBILITY CORP - WILL ALSO DELAY ITS Q4 AND FISCAL
2021
EARNINGS RELEASE
    * VERRA MOBILITY CORP - WILL PROVIDE FINANCIAL GUIDANCE FOR
FULL
YEAR 2022 UPON FILING OF ITS FORM 10-K

Source text for Eikon:  ID:nPn8fZZSFa 
Further company coverage:  VRRM.O 

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