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The GEO Group, Inc. (NYSE:GEO) will release its fourth quarter 2023 financial results on Thursday, February 15, 2024 before the market opens. A conference call and webcast are scheduled for 11:00 AM (Eastern Time) on the same day. The call will be hosted by key executives of GEO, including the Executive Chairman, CEO, and other top officers. Participants can access the call and webcast through specified phone numbers and the investor relations home page. Both webcast and telephonic replays will be available for a year and until February 22, 2024, respectively.
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1.33%
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The GEO Group (GEO) announced the closing of a Refinancing Revolving Credit Commitments Amendment, providing approximately $265 million in refinancing revolving credit commitments maturing on March 23, 2027. The Amendment also includes changes in interest accrual based on the Company's total leverage ratio. George C. Zoley, Executive Chairman of GEO, expressed satisfaction with the transaction, emphasizing its significance in supporting the Company's future capital needs and long-term debt reduction strategy.
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1.15%
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The GEO Group, Inc. (NYSE: GEO) announced the departure of CEO Jose Gordo, transitioning to an advisor role. Brian Evans appointed as CEO, Shayn March as Acting CFO, and Wayne Calabrese as President and COO. Dr. George Zoley to step down as Executive Chairman in 2026.
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The GEO Group, Inc. reported third quarter 2023 total revenues of $602.8 million, net income of $24.5 million, and adjusted EBITDA of $118.7 million. The company reduced its total net debt by $109 million to approximately $1.8 billion. For the first nine months of 2023, total revenues were $1.80 billion, net income was $82.0 million, and adjusted EBITDA was $378.6 million. The company updated its guidance for the full-year and fourth quarter of 2023.
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5.47%
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The GEO Group, Inc. to release Q3 2023 financial results on November 7, 2023
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The GEO Group, Inc. publishes its fifth annual Human Rights and ESG report, highlighting its commitment to human rights and ESG matters. The report includes enhanced disclosures and updated metrics for 2022. The company delivered approximately 3.5 million hours of rehabilitation programming through its CoC facilities. GEO has restructured its Board to include committees overseeing Criminal Justice and Rehabilitation, Human Rights, and Cyber Security and Environmental matters. The report can be found at www.geogroup.com/esg and www.wearegeo.com/esg.
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3.41%
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The GEO Group, Inc. reports financial results for Q2 and first six months of 2023, exceeding expectations. Total revenues of $593.9 million for Q2 and $1.20 billion for first six months. Net income of $29.5 million for Q2 and $57.5 million for first six months. Adjusted EBITDA of $129.0 million for Q2 and $259.9 million for first six months. Updated guidance for full-year 2023 with expected GAAP net income between $95 million and $110 million, and adjusted EBITDA between $490 million and $520 million.
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1.79%
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The GEO Group, Inc. (NYSE:GEO) will release its second quarter 2023 financial results on Wednesday, August 9, 2023 before the market opens. A conference call and webcast will be held at 11:00 AM (Eastern Time) on the same day.
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The GEO Group, Inc.
NYSE:GEO
GEO Rankings
GEO Stock Data
1.73B
117.43M
4.98%
77.55%
19.29%
Facilities Support Services
Administrative and Support and Waste Management and Remediation Services
United States of America
BOCA RATON
About GEO
the geo group is the world's leading provider of correctional and detention management and community reentry services to federal, state and local government agencies. with operations in the united states, australia, south africa, and the united kingdom; geo offers a diversified array of turnkey services which include design, construction, financing, and operations. our unique approach allows geo to provide high-quality and cost-effective services with state-of-the-art designs, innovative programs and ground-breaking treatment approach. geo is the first fully-integrated equity real estate investment trust specializing in the design, development, financing, and operation of correctional, detention, and community reentry facilities worldwide. our goal is to help our clients serve those assigned to their care through a wide range of diversified services including the design, construction and financing of state and federal prisons, detention centers, community reentry facilities, and othe