VERRA MOBILITY A DL-,0001

Aristotle Small Cap Equity Fund sold its position in Verra Mobility, saying the loss of a material customer contract materially changed the investment thesis and reduced confidence in the company's long-term earnings and growth outlook. Proceeds were redeployed into higher-conviction opportunities as the fund rebalanced during Q2 2026. Verra Mobility shares have been volatile, trading between $3.40 and $25.565 over the past 52 weeks and closing around $4.50 on August 19, 2026. » More on finance.yahoo.com

Verra Mobility beat consensus estimates in Q2 2026 with adjusted EPS of $0.38 and revenue of $263.6 million, but lowered its full-year revenue guidance to $945–965 million due to significantly less favorable contract terms with Avis and Hertz. The quarter showed a GAAP net loss of $48 million driven by a non-cash $104 million impairment to goodwill and intangible assets. The stock fell sharply in premarket trading, weighed down by the worse contract terms, an ongoing class action and earlier contract disputes with Avis. » More on de.investing.com

Verra Mobility reported adjusted EPS of $0.38, beating analyst expectations, but management lowered its full-year guidance after less favorable contract renewals with Avis and Hertz. Despite higher revenue, adjusted EBITDA of $111 million and free cash flow of $33 million, the stock fell 14.8% in after-hours trading. The company now expects adjusted EPS of $1.11–$1.17 and revenue of $945–$965 million; headwinds stem from weaker margins in Commercial Services and changed terms in Government Solutions. » More on de.investing.com