The GEO Group (NYSE:GEO) ("GEO" or the "Company") announced today that it is proposing, subject to market and other customary conditions, to issue $1.2 billion aggregate principal
U.S. stocks closed lower on Friday, with the Dow Jones index falling more than 100 points during the session. All three major indices recorded losses last week, ending their five-week winning streaks. The S&P 500 fell by 0.42%, while the Dow lost 0.11% during the week.
GEO Group reported Q4 FY23 revenue of $608.3M, beating consensus. Adjusted EBITDA fell to $129M while adjusted EPS of $0.29 surpassed consensus. Company reduced total net debt by $197M.