Verra Mobility named to Fortune 100 Fastest-Growing Companies list for second year in a row

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Nov 04, 2024, 16:43 ET

Recognition demonstrates Verra Mobility's continued growth, business performance and smart mobility market-leading positions

MESA, Ariz., Nov. 4, 2024 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, has been named to the Fortune 100 Fastest-Growing Companies list for the second year in a row.

Verra Mobility ranked 56^th on the prestigious annual listing, which ranks global companies based on revenue growth, profits and stock returns over a three-year period. This year marks the 39^th year of the Fastest-Growing Companies list, which includes global companies across a diverse range of sectors. According to Fortune, the companies listed are worth a combined $6.7 trillion in market capitalization.

"We are delighted to be honored by Fortune for the second year in a row," said David Roberts, President and CEO, Verra Mobility. "This recognition underscores our strong position in our markets and the excellent performance of our team around the world. We are positioned for continued growth as we continue to deploy our business operating system with a focus on continuous improvement and consistent execution."

Verra Mobility delivers a portfolio of technology solutions that enrich lives by making transportation safer and easier. The Company provides hardware, software and services to commercial fleets and rental car companies, cities, school districts, universities and parking operators.

More information about the Fortune 100 Fastest-Growing Companies can be found at fortune.com/ranking/100-fastest-growing-companies.

About Verra Mobility

Verra Mobility Corporation (NASDAQ: VRRM) is a leading provider of smart mobility technology solutions that make transportation safer, smarter and more connected. The company sits at the center of the mobility ecosystem, bringing together vehicles, hardware, software, data and people to enable safe, efficient solutions for customers globally. Verra Mobility's transportation safety systems and parking management solutions protect lives, improve urban and motorway mobility and support healthier communities. The company also solves complex payment, utilization and compliance challenges for fleet owners and rental car companies. Headquartered in Arizona, Verra Mobility operates in North America, Europe, Asia and Australia. For more information, please visit www.verramobility.com.

Forward Looking Statements

We describe initiatives that drive our business and future results in this press release. Such discussions contain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Forward-looking statements are those that address activities, events, or developments that management intends, expects, projects, believes or anticipates will or may occur in the future. They are based on management's assumptions and assessments in light of past experience and trends, current economic and industry conditions, expected future developments and other relevant factors. They are not guarantees of future performance, and actual results, developments and business decisions may differ significantly from those envisaged by our forward-looking statements. We do not undertake to update or revise any of our forward-looking statements, except as required by applicable securities law. Our forward-looking statements are also subject to material risks and uncertainties that can affect our performance in both the near-and long-term. In addition, no assurance can be given that any plan, initiative, projection, goal, commitment, expectation, or prospect set forth in this press release can or will be achieved. These forward-looking statements should be considered in light of the information included in this press release, our Form 10-K and other filings with the Securities and Exchange Commission. Any forward-looking plans described herein are not final and may be modified or abandoned at any time.

Additional Information

We periodically provide information for investors on our corporate website, www.verramobility.com, and our investor relations website, ir.verramobility.com.

We intend to use our website as a means of disclosing material non-public information and for complying with disclosure obligations under Regulation FD. Accordingly, investors should monitor our website, in addition to following the Company's press releases, SEC filings and public conference calls and webcasts.