Corrections Corporation of America's [CXW] CEO Damon Hininger on Q3 2016 Results - Earnings Call Transcript

Nov. 04, 2016 10:50 PM ETCoreCivic, Inc. (CXW)
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Corrections Corporation of America (NYSE:CXW) Q3 2016 Earnings Conference Call November 3, 2016 11:00 AM ET


Cameron Hopewell - Managing Director of IR

Damon Hininger - President and CEO

David Garfinkle - CFO


Tobey Sommer - SunTrust

Michael Kodesch - Conaccord

Andrew Berg - Post Advisory Group


Good Morning. My name is David, and I will be your conference operator. As a reminder, this call is being recorded.

At this time, I'd like to welcome you to the CoreCivic's previously known as the Corrections Corporation of America, Third Quarter 2016 Earnings Conference Call. All lines have been placed on mute to avoid any background noise. After the speakers' remarks, there will be a question-and-answer session. [Operator instruction]

I would now like to turn the call over to Cameron Hopewell, CoreCivic's Managing Director of Investor Relations. Mr. Hopewell, you may now begin your conference.

Cameron Hopewell

Thanks, David. Good morning, ladies and gentlemen, and thank you for joining us. Participating on today's call are Damon Hininger, President and Chief Executive Officer; and David Garfinkle, Chief Financial Officer.

During today's call, our remarks will include forward-looking statements pursuant to the Safe Harbor provisions of the Private Securities and Litigation Reform Act. Our actual results or trends may differ materially as a result of a variety of factors including those identified in our third quarter of 2016 earnings release and in our Securities and Exchange Commission filings, including forms 10-K, 10-Q and 8-K reports. You are also cautioned that any forward-looking statements reflect management's current views only and that the Company undertakes no obligation to revise or update such statements in the future. This call will include discussion of non-GAAP measures. A reconciliation of the most comparable GAAP measurements is provided in our corresponding earnings release and included in the supplemental financial data on the Investors page

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