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Stockreport

CoreCivic Reports Fourth Quarter and Full Year 2017 Financial Results

CORECIVIC INC (CXW)  More Company Research Source: GlobeNewswire
Last corecivic inc earnings: 5/2 04:15 pm Check Earnings Report
US:NYSE Investor Relations: ir.corecivic.com/investor-relations
PDF NASHVILLE, Tenn., Feb. 14, 2018 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) (the Company) announced today its financial results for the fourth quarter and full year 2017. Fourth Quarter 2017 Highlights Diluted EPS of $0.35 Adjusted Diluted EPS of $0.40 Normalized FFO per diluted share of $0.60Net Income of $41.3 millionAdjusted Net Income of $46.9 millionAdjusted EBITDA of $98.1 million Full Year 2017 Highlights Diluted EPS of $1.50 Adjusted Diluted EPS of $1.57 Normalized FFO per diluted share of $2.38Adjusted EBITDA of $387.9 million "We concluded the year with a great deal of optimism about the strategic direction of the Company as we experienced positive developments across each of our business lines," said Damon T. Hininger, CoreCivic's President and Chief Executive Officer.  "For the first time in many years, during 2017 we entered into new contracts with three different states in our CoreCivic Safety portfolio, and 2018 has already presented multiple additional fed [Read more]

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