secwatch.observer — SEC 8-K summary
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Issuer:     CoreCivic, Inc. (CXW)
CIK:        0001070985
Form:       8-K
Filed at:   2023-08-08T23:59:59+00:00
Accession:  0001193125-23-205550
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CoreCivic Q2 net income $14.8M, raises 2023 guidance; ICE populations up 45%
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- Revenue $463.7M; diluted EPS $0.13; Adjusted EBITDA $72.1M.
- Reduced debt by $34.1M, including $21.0M repurchase of 8.25% Senior Notes.
- Raised FY2023 adjusted net income guidance to $59.5M-$67.5M (prior $53.5M-$65.5M).
- New 6-year lease with Oklahoma DOC for Davis Correctional Facility; annual rent $7.5M.
- ICE detention populations up 45% (+2,573 residents) since Title 42 ended in May 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1070985/000119312523205550/0001193125-23-205550-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1070985/000119312523205550/d666905d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-205550

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer