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Jun 30, 2024
GEO Q2 2024 Earnings Report
The GEO Group reported financial results for the second quarter of 2024.
Key Takeaways
The GEO Group reported total revenues of $607.2 million for the second quarter of 2024. Net loss attributable to GEO was $0.25 per diluted share, which includes costs associated with debt extinguishment. Adjusted EBITDA was $119.3 million.
Total revenues reached $607.2 million.
Net loss attributable to GEO was $0.25 per diluted share, impacted by debt extinguishment costs.
Adjusted net income was $0.23 per diluted share.
Adjusted EBITDA totaled $119.3 million.
Forward Guidance
The company updated its financial guidance for 2024. For the third quarter 2024, the company expects revenues to be in a range of $606 million to $616 million.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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