Verra Mobility Corporation announced its financial results for the first quarter of 2025, reporting a total revenue of $223.3 million. This marks a significant performance as the company exceeded its internal expectations. Net income for the quarter was recorded at $32.3 million, or $0.20 per share, reflecting an increase from the $29.1 million, or $0.17 per share, reported in the first quarter of 2024. This growth in net income is attributed primarily to increased income from operations and a reduction in interest expenses compared to the previous year. The company's Adjusted EPS for the first quarter of 2025 stood at $0.30 per share, up from $0.27 per share in the same period of 2024. Adjusted EBITDA was $95.4 million, an increase from $92.8 million in the corresponding quarter of the previous year, with margins of 43% in 2025 compared to 44% in 2024. Verra Mobility's business operations are segmented into Commercial Services, Government Solutions, and Parking Solutions, offering a range of technology and services in automated toll and violations management, safety solutions, and parking solutions, respectively. Despite the strong performance in the first quarter, the company acknowledges potential risks due to uncertainties in the economic environment and their impact on future travel demand. However, Verra Mobility is reaffirming its full-year 2025 guidance, estimating total revenue between $925 million and $935 million, Adjusted EBITDA ranging from $410 million to $420 million, and Free Cash Flow projected between $175 million and $185 million.