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Stock impact report

The GEO Group Reports First Quarter 2024 Results

Geo Group Inc (The) REIT (GEO) 
Last geo group inc (the) reit earnings: 4/30 06:55 am Check Earnings Report
US:NYSE Investor Relations: investors.geogroup.com
Company Research Source: Business Wire
BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE: GEO) (“GEO”), a leading provider of support services for secure facilities, processing centers, and reentry centers, as well as enhanced in-custody rehabilitation, post-release support, and electronic monitoring programs, reported today its financial results for the first quarter 2024.First Quarter 2024 HighlightsTotal revenues of $605.7 millionNet Income of $22.7 millionAdjusted EBITDA of $117.6 millionFor the first quarter 2024, we reported net income of $22.7 million, compared to $28.0 million for the first quarter 2023. We reported total revenues for the first quarter 2024 of $605.7 million compared to $608.2 million for the first quarter 2023. We reported first quarter 2024 Adjusted EBITDA of $117.6 million, compared to $130.9 million for the first quarter 2023.George C. Zoley, Executive Chairman of GEO, said, “During the first quarter of 2024, our diversified business units continued to deliver strong operational Show less Read more
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