---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-029166"
form_type: "8-K"
ticker: "CXW"
cik: "0001070985"
company_name: "CoreCivic, Inc."
filed_at: "2023-02-09T23:59:59+00:00"
generated_at: "2026-06-19T19:09:00.259829+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# CoreCivic reports Q4 net income $24.4M, reduces debt by $287M in 2022; issues FY 2023 guidance EPS $0.50-$0.65

## Summary
- Q4 net income $24.4M ($0.21 diluted EPS) vs $28.0M ($0.23) in Q4 2021; adjusted diluted EPS $0.22 vs $0.27.
- Full year revenue $1.85B; net income $122.3M includes $54M special items; adjusted diluted EPS $0.57.
- Debt reduced by $287M in 2022; repaid $154M 4.625% Senior Notes in full on Feb 1, 2023.
- Repurchased 6.6M shares for $74.5M in 2022; $140.5M remaining under share repurchase program.
- FY 2023 guidance: net income $58M-$75M, diluted EPS $0.50-$0.65, EBITDA $298.5M-$313.5M.

## SEC filing metadata
- accession: 0001193125-23-029166
- form_type: 8-K
- ticker: CXW
- cik: 0001070985
- company_name: CoreCivic, Inc.
- filed_at: 2023-02-09T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1070985/000119312523029166/0001193125-23-029166-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1070985/000119312523029166/d392562d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-029166
- JSON: https://secwatch.observer/filing/0001193125-23-029166.json
- Plain text: https://secwatch.observer/filing/0001193125-23-029166.txt

## Key facts
- Earnings Releases
  CoreCivic, Inc. reported Fourth Quarter 2022 results: revenue $471.4 million, net income $24.4 million, EPS $0.21.
  - Period: Fourth Quarter 2022
  - Revenue: $471.4 million
  - Net income: $24.4 million
  - EPS: $0.21
  - Result: reported results
  source text: • Total revenue of $471.4 million • CoreCivic Safety revenue of $430.2 million • CoreCivic Community revenue of $27.0 million • CoreCivic Properties revenue of $14.2 million • Net Income of $24.4 million • Diluted earnings per share of $0.21
  evidence_url: https://www.sec.gov/Archives/edgar/data/1070985/000119312523029166/0001193125-23-029166-index.htm
- Earnings Releases
  CoreCivic, Inc. updated its Full Year 2023 guidance (initiated).
  - Period: Full Year 2023
  - Guidance: initiated
  - Result: guidance update
  source text: Our full year 2023 financial guidance reflects the positive impact from having substantially completed the transition to the previously announced contract with the state of Arizona at our 3,060-bed La Palma Correctional Center in Arizona, which was disruptive to earnings and cash flow during 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1070985/000119312523029166/0001193125-23-029166-index.htm
- Earnings Releases
  CoreCivic, Inc. reported Full Year 2022 results: revenue $1.85 billion, net income $122.3 million, EPS $1.03.
  - Period: Full Year 2022
  - Revenue: $1.85 billion
  - Net income: $122.3 million
  - EPS: $1.03
  - Result: reported results
  source text: • Total revenue of $1.85 billion • CoreCivic Safety revenue of $1.68 billion • CoreCivic Community revenue of $103.3 million • CoreCivic Properties revenue of $57.9 million • Net income of $122.3 million • Net income reflects $54.0 million of special items, including $57.1 million gain on the sale of our McRae Correctional Facility in Georgia, net of taxes, reflected in the third quarter of 2022 • Diluted earnings per share of $1.03
  evidence_url: https://www.sec.gov/Archives/edgar/data/1070985/000119312523029166/0001193125-23-029166-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.