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

Verra Mobility

Verra Mobility

VRRM

0.00

May 26 (Reuters) - 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


This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.