CoreCivic (CXW) Reports Q1 FFO of $0.54

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Go back to CoreCivic (CXW) Reports Q1 FFO of $0.54

CoreCivic Reports First Quarter 2020 Financial Results

May 6, 2020 4:15 PM EDT

BRENTWOOD, Tenn., May 06, 2020 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE:  CXW) (the Company) announced today its financial results for the first quarter of 2020.

First Quarter 2020 Highlights

Activated our Emergency Operations Center and implemented our crisis response plan to address the potential impact of COVID-19 on staff and residents entrusted to our care

Balance Sheet Highlights as of March 31, 2020

Cash and cash equivalents of $335.5 millionAvailability under revolving credit facility of $146.7 millionNo material capital commitmentsNo debt maturities until October 2022

Statement of Operations First Quarter 2020

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