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Stock impact report

CoreCivic Reports Second Quarter 2018 Financial Results

CoreCivic, Inc. (CXW) 
Last corecivic, inc. earnings: 2/12 04:15 pm Check Earnings Report
US:NYSE Investor Relations: ir.corecivic.com/investor-relations
Company Research Source: GlobeNewswire
NASHVILLE, Tenn., Aug. 08, 2018 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) (the Company) announced today its financial results for the second quarter of 2018. Second Quarter 2018 Highlights Total revenue of $449.9 millionNet income of $39.2 million, Adjusted Net Income of $42.6 millionCoreCivic Community revenue of $24.7 million, up 41% from the prior year quarterCoreCivic Properties revenue of $12.0 million, up 20% from the prior year quarterDiluted EPS of $0.33, Adjusted EPS per diluted share of $0.36Normalized FFO per diluted share of $0.57Adjusted EBITDA of $97.5 million "Following a strong second quarter, we see many opportunities to deliver solutions for new and prospective government partners throughout the remainder of the year.  The need for our services continues to be evident with the commencement of five new state contracts in the last 12 months and recent contract awards that are expe Show less Read more
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