Welcome to our dedicated page for Corecivic news (Ticker: CXW), a resource for investors and traders seeking the latest updates and insights on Corecivic stock.
CoreCivic, Inc. (NYSE: CXW) is a diversified, government‑solutions company whose news flow is closely tied to its work with public sector partners. Company announcements frequently cover corrections and detention management, residential and non‑residential reentry services, and government real estate solutions, reflecting its role as what it describes as the nation’s largest owner of partnership correctional, detention and residential reentry facilities and one of the largest operators of such facilities in the United States.
On this page, readers can follow news about CoreCivic’s earnings releases, financial guidance updates, and conference call schedules, as the company regularly announces quarterly results and related investor events. Disclosures often include commentary on facility activations, contract awards, and relationships with agencies such as U.S. Immigration and Customs Enforcement (ICE), state departments of corrections, and local government partners.
CoreCivic’s press releases also address capital structure developments, such as amendments to its credit facility and changes to its Board‑authorized share repurchase program. In addition, the company issues news regarding leadership changes, executive appointments, and governance matters, including CEO transitions and updates to executive roles overseeing corrections, detention, and reentry operations.
Investors and observers who track CXW news can use this feed to monitor new contracts for facility capacity, updates on the activation of previously idle facilities, and other developments that the company highlights as relevant to its government partners and stakeholders. Bookmark this page to review CoreCivic’s latest publicly released information as it becomes available through news and regulatory announcements.
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CoreCivic (NYSE: CXW) announced that the Oklahoma Department of Corrections intends to terminate the lease for the 2,400-bed North Fork Correctional Facility (NFCF) upon its expiration on June 30, 2023. This decision stems from staffing challenges and increased competition from other private facilities, which have hindered NFCF's utilization since the COVID-19 pandemic started. The facility generated $12.2 million in rental revenue for CoreCivic in 2022. The company is also in negotiations regarding the lease for the 1,670-bed Davis Correctional Facility, which is similarly set to expire on June 30, 2023. CoreCivic may renew this lease only if it provides a satisfactory return.
CoreCivic, Inc. (NYSE: CXW) announced its upcoming release of first quarter 2023 financial results, scheduled for May 3, 2023, after market close. The company will host a conference call on May 4, 2023, at 10:00 a.m. CT, where stakeholders can listen to the results and participate in discussions. Interested participants must register in advance to receive dial-in details. CoreCivic is a leading provider of government solutions, emphasizing its role in corrections, detention, and real estate systems.
With over 40 years of experience, CoreCivic continues to support government partners in addressing public needs effectively and professionally. More information can be found on their official website.
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