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VRRM — Verra Mobility News Story

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Brief: Verra Mobility Receives Termination Of Agreement Notice From Avis Budget Group

BRIEF-Verra Mobility Receives Termination Of Agreement Notice From Avis Budget Group

- Verra Mobility Corp VRRM.O:

  • VERRA MOBILITY RECEIVES TERMINATION OF AGREEMENT NOTICE FROM AVIS BUDGET GROUP

  • VERRA MOBILITY CORP - TAKING STEPS TO REDUCE COSTS AND RE-ALLOCATE RESOURCES

  • VERRA MOBILITY CORP - REVIEWING CONTRACTUAL RIGHTS AND OBLIGATIONS AFTER TERMINATION NOTICE

  • VERRA MOBILITY CORP - REVISES 2026 OUTLOOK: REVENUE $985M-$995M, ADJUSTED EBITDA $380M-$385M, ADJUSTED EPS $1.19-$1.25

  • VERRA MOBILITY CORP - TERMINATION EXPECTED TO REDUCE 2026 COMMERCIAL SERVICES REVENUE BY $135M-$145M

Source text: ID:nPnzyl97a

Further company coverage: VRRM.O


((Reuters.Briefs@thomsonreuters.com;))

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