The GEO Group, Inc. (GEO) CEO Jose Gordo on Q1 2022 Results - Earnings Call Transcript

May 03, 2022 4:20 PM ETThe GEO Group, Inc. (GEO) StockGEO
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Q1: 2022-05-03 Earnings Summary

EPS of $0.26 beats by $0.04
 | Revenue of $551.19M (-4.37% Y/Y) misses by $289.00K

The GEO Group, Inc. (NYSE:GEO) Q1 2022 Earnings Conference Call May 3, 2022 11:00 AM ET

Company Participants

Pablo Paez - Executive Vice President of Corporate Relations
Jose Gordo - Chief Executive Officer
George Zoley - Executive Chairman
Brian Evans - Chief Financial Officer
James Black - President of GEO Secure Services
Ann Schlarb - Senior Vice President & President of GEO Care

Conference Call Participants

Joe Gomes - Noble Capital
Mitra Ramgopal - Sidoti
Kirk Ludtke - Imperial Capital

Operator

Good morning, and welcome to the GEO Group First Quarter 2022 Earnings Conference Call. [Operator Instructions] After today's presentation, there will be an opportunity to ask questions note this event is being recorded.

I would now like to turn the conference over to Pablo Paez, Executive Vice President of Corporate Relations. Please go ahead.

Pablo Paez

Thank you, operator. Good morning, everyone, and thank you for joining us for today's discussion of the GEO Group's first quarter 2022 earnings results. With us today are George Zoley, Executive Chairman of the Board; Jose Gordo, Chief Executive Officer; Brian Evans, Chief Financial Officer; James Black, President of GEO Secure Services; and Ann Schlarb, President of GEO Care. This morning, we will discuss our first quarter results and our outlook. We will conclude the call with a question-and-answer session. This conference call is also being webcast live on our investor website at investors.geogroup.com.

Today, we will discuss non-GAAP basis information. A reconciliation from non-GAAP basis information to GAAP basis results is included in the press release and the supplemental disclosure we issued this morning. Additionally, much of the information we will discuss today, including the answers we give in response to your questions, may include forward-looking statements regarding our beliefs and current expectations with respect to various matters. These forward-looking statements are intended to fall within the safe harbor

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