The GEO Group, Inc. (GEO) Q4 2023 Earnings Call Transcript

Feb. 15, 2024 9:25 PM ETThe GEO Group, Inc. (GEO) StockGEO
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Q4: 2024-02-15 Earnings Summary

EPS of $0.21 beats by $0.04
 | Revenue of $608.28M (-2.00% Y/Y) beats by $10.82M

The GEO Group, Inc. (NYSE:GEO) Q4 2023 Earnings Conference Call February 15, 2024 11:00 AM ET

Company Participants

Pablo Paez - Executive Vice President, Corporate Relations
George Zoley - Executive Chairman
Brian Evans - Chief Executive Officer
Wayne Calabrese - President and Chief Operating Officer
Shayn March - Acting Chief Financial Officer
James Black - President, GEO Secure Services

Conference Call Participants

Joe Gomes - NOBLE Capital
Brian Violino - Wedbush Securities
Brendan McCarthy - Sidoti
Kirk Ludtke - Imperial Capital
Greg Gibas - Northland Securities

Operator

Good day, and welcome to the GEO Group Fourth Quarter 2023 Earnings Conference Call. [Operator Instructions] Please note, today’s 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 fourth quarter and full year 2023 earnings results. With us today are George Zoley, Executive Chairman of the Board; Brian Evans, Chief Executive Officer; Wayne Calabrese, President and Chief Operating Officer; Shayn March, Acting Chief Financial Officer; and James Black, President of GEO Secure Services. This morning, we will discuss our fourth quarter and full year results as well as 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

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