Government Service Provider GEO Group Posts Mixed Earnings, Lowers Debt, Revises Q4 & FY23 Outlook

Grand News Network | November 7, 2023

The GEO Group Inc (NYSE: GEO) reported Q3 FY23 revenue of $602.8 million, beating the consensus of $595.3 million.

Adjusted EPS of $0.19 came in line with the consensus.

Adjusted EBITDA fell to $118.7 million from $136.2 million a year ago.

In Q3, the company reduced total net debt by $109 ...

Full story available on Benzinga.com


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