secwatch.observer — SEC 8-K summary
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Issuer:     CoreCivic, Inc. (CXW)
CIK:        0001070985
Form:       8-K
Filed at:   2023-02-09T23:59:59+00:00
Accession:  0001193125-23-029166
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1070985/000119312523029166/0001193125-23-029166-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1070985/000119312523029166/d392562d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-029166

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