Crossroads Correctional Center

CoreCivic Reports Fourth Quarter and Full Year 2023 Financial Results

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수요일, 2월 7, 2024
EPS, Travel, California Department, ICE, Coronavirus, Economy, Net, North Fork Correctional Facility, Tallahatchie County Correctional Facility, CoreCivic, Rehabilitation, California City Correctional Facility, Share repurchase, CXW, Note, Corrections, ODC, Bloomberg, Funds from operations, Credit, Depreciation, State, Crossroads Correctional Center, FFO, Supplement, Government, Tax, Debt-to-GDP ratio, Documentation, Bed, COVID-19, GAAP, Tallahatchie, Investment, Bank statement, Property management

BRENTWOOD, Tenn., Feb. 07, 2024 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) (the Company) announced today its financial results for the fourth quarter and full year 2023. 

Key Points: 
  • BRENTWOOD, Tenn., Feb. 07, 2024 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) (the Company) announced today its financial results for the fourth quarter and full year 2023.
  • Commenting on financial results for the quarter, Hininger added, "We are pleased with CoreCivic's financial performance for 2023, as we exceeded the financial guidance for the fourth quarter we provided in November 2023, and ended up in the top half of the financial guidance range we provided in February 2023 for Net income, Diluted EPS, FFO per diluted share and EBITDA.
  • Earnings before interest, taxes, depreciation and amortization (EBITDA) was $90.1 million in the fourth quarter of 2023, compared with $87.0 million in the fourth quarter of 2022.
  • Adjusted EBITDA, which excludes special items, was $90.0 million in the fourth quarter of 2023, compared with $87.7 million in the fourth quarter of 2022.

CoreCivic Reports Third Quarter 2023 Financial Results

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월요일, 11월 6, 2023
McRae, CoreCivic, Federal Bureau of Prisons, Male, EPS, COVID-19, ICE, Bloomberg, Share repurchase, Debt-to-GDP ratio, Tallahatchie, Sale, Asset-backed security, Supplement, Tax, GAAP, Damon T. Hininger, Oklahoma Department of Corrections, Credit, National Debt Repayment Movement, CXW, Investment, Funds from operations, Crossroads Correctional Center, Note, Bank statement, Tallahatchie County Correctional Facility, Depreciation, Title 42 of the United States Code, Documentation, Fourth Amendment Protection Act, NYSE, Government, EBITDA, North Fork Correctional Facility, State, FFO, Environment, BOP, ODC, Bank, Video game, Car rental, Property management, Normalization

BRENTWOOD, Tenn., Nov. 06, 2023 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) (the Company) announced today its financial results for the third quarter of 2023.

Key Points: 
  • BRENTWOOD, Tenn., Nov. 06, 2023 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) (the Company) announced today its financial results for the third quarter of 2023.
  • Net income in the third quarter of 2023 totaled $13.9 million, or $0.12 per diluted share, compared with net income in the third quarter of 2022 of $68.3 million, or $0.58 per diluted share.
  • Earnings before interest, taxes, depreciation and amortization (EBITDA) was $72.8 million in the third quarter of 2023, compared with $147.9 million in the third quarter of 2022.
  • Based on current business conditions, we are providing the following update to our financial guidance for the full year 2023:

CoreCivic Enters Into New Management Contract With Hinds County

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월요일, 9월 25, 2023
Male, Damon T. Hininger, U.S. Immigration and Customs Enforcement, Texas Department of Criminal Justice, CoreCivic, Crossroads Correctional Center, CXW, Tallahatchie County Correctional Facility, Tallahatchie, United States Marshals Service, NYSE, Property management

BRENTWOOD, Tenn., Sept. 25, 2023 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) ("CoreCivic") announced today it signed a new management contract with Hinds County, Mississippi for up to 250 adult male pre-trial detainees at the Company's 2,672-bed Tallahatchie County Correctional Facility in Tutwiler, Mississippi.

Key Points: 
  • BRENTWOOD, Tenn., Sept. 25, 2023 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) ("CoreCivic") announced today it signed a new management contract with Hinds County, Mississippi for up to 250 adult male pre-trial detainees at the Company's 2,672-bed Tallahatchie County Correctional Facility in Tutwiler, Mississippi.
  • Damon T. Hininger, President and Chief Executive Officer commented, "We are pleased to enter into a new management contract with Hinds County and are honored to be entrusted with the care of a portion of their detainee population."
  • CoreCivic currently cares for residents at the Tallahatchie County Correctional Facility from the United States Marshals Service, Vermont, South Carolina, the U.S. Virgin Islands, and Tallahatchie County.
  • Hininger continued, "We continue to see increasing demand for our correctional and detention solutions, evidenced by the new contract with Hinds County.