{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-053685","form_type":"8-K/A","ticker":"GEO","cik":"0000923796","company_name":"GEO GROUP INC","filed_at":"2024-02-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:27.311233+00:00","generated_at":"2026-06-05T07:49:18.693345+00:00","sec_items":["2.02","9.01"],"event_type":"litigation","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"GEO takes $8.9M charge after NM Court of Appeals tax ruling; cuts Q4/FY2023 EPS","bullets":["New Mexico Court of Appeals ruled against GEO in tax dispute; total assessment ~$21.1M including penalty/interest.","Company recorded a one-time non-cash accrual of $8.9M in Q4/FY2023; FY2023 net income reduced $6.6M to $107.2M.","Diluted EPS reduced $0.04 for Q4 to $0.17 and $0.05 for FY2023 to $0.72.","GEO plans to appeal ruling to State Supreme Court; disputes assessment and intends to defend position.","2024 and Q1 2024 financial guidance unchanged; operating expenses rose $8.9M to $1.74B for FY2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-053685","json":"https://secwatch.observer/filing/0001193125-24-053685.json","markdown":"https://secwatch.observer/filing/0001193125-24-053685.md","text":"https://secwatch.observer/filing/0001193125-24-053685.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/923796/000119312524053685/0001193125-24-053685-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/923796/000119312524053685/d796054d8ka.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T07:49:18.693345+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"dde08da24ff0ae12062b7010560c4c60c2e6ddba","claim":"GEO GROUP INC reported fourth quarter and full year ended December 31, 2023 results: revenue $608,283, net income $25.2 million, EPS $.17 per share.","evidence_excerpt":"* all figures in ‘000s Original Press Release Updated Original Press Release Updated Q4 2023 Q4 2023 FY 2023 FY 2023 (unaudited) (unaudited) (unaudited) (unaudited) Revenues $ 608,283 $ 608,283 $ 2,413,167 $ 2,413,167 Operating expenses 433,042 441,942 1,735,328 1,744,228 Depreciation and amortization 30,996 30,996 125,784 125,784 General and administrative","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/923796/000119312524053685/0001193125-24-053685-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter and full year ended December 31, 2023"},{"label":"Revenue","value":"$608,283"},{"label":"Net income","value":"$25.2 million"},{"label":"EPS","value":"$.17 per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}