Welcome to our dedicated page for Geo Group news (Ticker: GEO), a resource for investors and traders seeking the latest updates and insights on Geo Group stock.
The news feed for The GEO Group, Inc. (NYSE: GEO) focuses on company announcements, financial results, contract awards, and regulatory developments related to its role as a diversified government service provider. GEO’s disclosures describe its specialization in design, financing, development, and support services for secure facilities, processing centers, and community reentry centers in the United States and internationally.
Readers following GEO news can expect regular updates on earnings releases, financial guidance, and capital structure actions such as amendments to its revolving credit facility and share repurchase authorizations. Recent press releases have detailed quarterly results, changes in leverage and liquidity, and decisions by the Board of Directors regarding stock repurchase programs.
GEO’s news also highlights major contract activity with government agencies. This includes multi-year agreements with U.S. Immigration and Customs Enforcement for immigration processing centers, electronic monitoring, case management, and supervision services under the Intensive Supervision Appearance Program, as well as skip tracing services. Additional coverage includes contracts with the U.S. Marshals Service for secure transportation and detention capacity, and managed-only contracts with the Florida Department of Corrections for correctional and rehabilitation facilities.
Facility transactions and operational developments are another recurring theme, such as the sale of the Lawton Correctional Facility in Oklahoma, the acquisition of the Western Region Detention Facility in San Diego, and the activation or reactivation of ICE processing centers in multiple states. Legal and regulatory updates, including litigation related to detainee work programs and appellate decisions, are also disclosed through GEO’s news releases.
Investors and observers can use this news page to review GEO’s own descriptions of its business performance, contract pipeline, legal matters, and strategic actions affecting its secure services, reentry services, and electronic monitoring operations.
The GEO Group (NYSE: GEO) closed an amendment to its Amended Credit Agreement to increase its Revolving Credit Facility commitments from $450 million to $550 million, effective January 20, 2026. The $100 million upsizing is intended to provide enhanced balance sheet flexibility and support future growth and the company's expanded stock repurchase authorization announced in November. Management said the amendment reflects continued support from its banking partners.
The GEO Group (NYSE:GEO) will release fourth quarter 2025 financial results Thursday, February 12, 2026 before the market opens. A conference call and live webcast are scheduled for 1:00 PM ET on February 12, 2026, hosted by George Zoley (Executive Chairman), J. David Donahue (CEO) and Mark Suchinski (CFO).
Investors may join the teleconference at 1-877-250-1553 (U.S.) or 1-412-542-4145 (International). The live audio webcast will be available at investors.geogroup.com under Webcasts. A webcast replay will remain on the website for one year; a telephonic replay is available through February 19, 2026 at 1-855-669-9658 (U.S.) or 1-412-317-0088 (International) using passcode 8459257. For questions contact GEO at 1-866-301-4436.
GEO (NYSE:GEO) announced that its subsidiary BI Incorporated was awarded a two-year contract by U.S. Immigration and Customs Enforcement to provide skip tracing services, effective December 16, 2025.
The contract carries an estimated revenue value up to approximately $121 million over the two-year period (initial one-year term plus a one-year option). Services include enhanced location research, commercial data verification, and physical observation for individuals on the federal government’s non‑detained docket.
The company noted BI has provided services to ICE for more than 21 years.
GEO (NYSE: GEO) reported Q3 2025 revenue $682.3M, GAAP net income attributable to GEO of $173.9M or $1.24 per diluted share, and Adjusted EBITDA $120.1M. Results include a $232.4M gain on asset divestitures and a $37.7M pre-tax non-cash contingent litigation reserve related to the Nwauzor case. The Board increased the share repurchase authorization to $500M (about $458.4M available as of Nov 6, 2025) and repurchased 1.97M shares for $41.6M in Q3. GEO updated guidance: Q4 2025 GAAP EPS $0.23–$0.27, full-year 2025 GAAP EPS $1.81–$1.85, full-year Adjusted EBITDA $455M–$465M, and total 2025 capex $200M–$205M.
Notable operational moves: ~6,000 new ICE beds won, Lawton sale for $312M, San Diego purchase ~$60M, ISAP contract award, and net debt reduced ~ $275M to ~$1.4B (net leverage ~3.2x).
The GEO Group (NYSE:GEO) has scheduled its third quarter 2025 financial results release for Thursday, November 6, 2025, before market opens. The company will host a conference call and webcast at 11:00 AM Eastern Time on the same day.
The earnings call will feature key executives including George Zoley (Executive Chairman), J. David Donahue (CEO), and Mark Suchinski (CFO). Participants can join via phone using U.S. number 1-877-250-1553 or International number 1-412-542-4145, or access the live webcast through GEO's investor relations website.
The GEO Group (NYSE:GEO) announced that its subsidiary, BI Incorporated, has secured a contract renewal from U.S. Immigration and Customs Enforcement (ICE) for the Intensive Supervision Appearance Program (ISAP). The two-year contract includes an initial one-year term starting October 1, 2025, with a one-year option period.
BI has been providing electronic monitoring, case management, and supervision services under ISAP for over 21 years. The company operates through a nationwide network of approximately 100 offices with nearly 1,000 employees, maintaining high compliance levels using various technologies and case management services.
The GEO Group (NYSE:GEO) has secured three significant contracts from the Florida Department of Corrections for correctional and rehabilitation facilities. The contracts cover the 985-bed Bay facility, 1,884-bed Graceville facility, and 985-bed Moore Haven facility.
The agreements will commence on July 1, 2026, with an initial three-year term and unlimited two-year renewal options. These contracts are expected to generate $130 million in annualized revenues, including $100 million in new incremental annualized revenues for GEO. The company will provide management and support services, including rehabilitation and post-release support through their GEO Continuum of Care® program.
The GEO Group (NYSE:GEO) reported strong Q2 2025 financial results and announced a significant $300 million share repurchase program through June 2028. The company achieved total revenues of $636.2 million and net income of $29.1 million ($0.21 per diluted share), compared to a net loss in Q2 2024.
Key developments include the $312 million sale of the Lawton Facility to Oklahoma State, the $60 million acquisition of the San Diego Facility, and several new ICE contracts expected to generate substantial annual revenues: Delaney Hall ($60M+), North Lake Facility ($85M+), and D. Ray James Facility ($66M). The company's net debt decreased to $1.47 billion with net leverage at 3.3x Adjusted EBITDA.
GEO updated its FY2025 guidance, projecting revenues of $2.56 billion and Adjusted EBITDA between $465-490 million.
The GEO Group (NYSE:GEO) has completed the sale of its Lawton Correctional Facility in Oklahoma to the State of Oklahoma for $312 million. The company plans to use the proceeds for a strategic property exchange, acquiring the 770-bed Western Region Detention Facility in San Diego, California, and paying off senior secured debt.
The transaction will reduce GEO's total net debt to $1.47 billion. The company maintains ownership of approximately 50,000 beds across its facilities. Management views this sale as a significant deleveraging event that strengthens the balance sheet and positions the company for potential future capital returns to shareholders.
The GEO Group (NYSE:GEO) has scheduled its second quarter 2025 financial results release for Wednesday, August 6, 2025, before market opening. The company will host a conference call and simultaneous webcast at 11:00 AM Eastern Time on the same day.
The earnings call will feature key executives including George Zoley (Executive Chairman), J. David Donahue (CEO), and Mark Suchinski (CFO). Participants can join via phone using U.S. number 1-877-250-1553 or International number 1-412-542-4145. A webcast replay will be available for one year, and a telephonic replay through August 13, 2025, using passcode 2104307.