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06.11.25 - 12:03
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The GEO Group Reports Third Quarter 2025 Results and Increases Share Repurchase Authorization to $500 Million (Business Wire)
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BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE: GEO) (“GEO” or the “Company”), a leading provider of contracted 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 its financial results for the third quarter 2025, updated its financial guidance for the fourth quarter and full year 2025, and announced that its Board of Directors has increased the Company's share repurchase authorization to $500 million.
Third Quarter 2025 Highlights
Total revenues of $682.3 million
Net Income of $173.9 million
Net Income Attributable to GEO of $1.24 per diluted share
Adjusted Net Income of $0.25 per diluted share
Adjusted EBITDA of $120.1 million
Repurchased 1.97 million shares for $41.6 million
For the third quarter 2025, we reported net income attributable to GEO of $173.9 million, or $1.24 per diluted share, compared to net income attributable to GEO of $26...
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01.10.25 - 21:01
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GEO Group Soars As ICE Extends Contract For Illegal Alien Tracking Services (ZeroHedge)
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GEO Group Soars As ICE Extends Contract For Illegal Alien Tracking Services
The GEO Group's subsidiary, BI Incorporated, secured a two-year contract extension with Immigration and Customs Enforcement (ICE) to continue operating the Intensive Supervision Appearance Program (ISAP), which provides electronic monitoring, case management, and supervision services for illegal aliens. The contract supplies the federal government with critical logistical support in its efforts to deport criminal illegal aliens who invaded the country under nation-killing open border policies enforced by the globalist-aligned Biden-Harris regime.
BI's two-year contract extension to continue ISAP work in support of the Trump administration's illegal alien deportation program was effective today, with an additional one-year option period. BI does not directly deport illegals, and that is carried out by ICE's Enforcement and Removal Operations (ERO).
Here are the highlights:
Contract Terms: Two-year award, b...
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01.10.25 - 12:03
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The GEO Group Announces Date for Third Quarter 2025 Earnings Release and Conference Call (Business Wire)
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Earnings Release Scheduled for Thursday, November 6, 2025 Before the Market Opens
Conference Call Scheduled for Thursday, November 6, 2025 at 11:00 AM (Eastern Time)
BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE:GEO) ("GEO") will release its third quarter 2025 financial results on Thursday, November 6, 2025 before the market opens. GEO has scheduled a conference call and simultaneous webcast for 11:00 AM (Eastern Time) on Thursday, November 6, 2025.
Hosting the call for GEO will be George Zoley, Executive Chairman of the Board, J. David Donahue, Chief Executive Officer, and Mark Suchinski, Chief Financial Officer.
To participate in the teleconference, please contact one of the following numbers 5 minutes prior to the scheduled start time:
1-877-250-1553 (U.S.)
1-412-542-4145 (International)
In addition, a live audio webcast of the conference call may be accessed on the Webcasts section of GEO's investor relations home page at investors.geogroup.com. A webcast replay will remain available o...
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