GEO Group (GEO) Tops Q2 EPS by 11c

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Go back to GEO Group (GEO) Tops Q2 EPS by 11c

The GEO Group Reports Second Quarter 2022 Results and Increases Full Year 2022 Financial Guidance

August 2, 2022 6:00 AM EDT

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 second quarter and first six months of 2022 and increased its financial guidance for the full year 2022.

Second Quarter 2022 Highlights

Total revenues of $588.2 million Net Income Attributable to GEO of $53.7 million, or $0.37 per diluted share Adjusted Net Income of $0.42... More