---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-134855"
form_type: "8-K"
ticker: "CXW"
cik: "0001070985"
company_name: "CoreCivic, Inc."
filed_at: "2024-05-09T23:59:59+00:00"
generated_at: "2026-06-02T04:45:53.234665+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# CoreCivic Q1 revenue $500.7M (+9% YoY); raises adjusted net income guidance for FY 2024

## Summary
- Revenue $500.7M (up 9% YoY); net income $9.5M ($0.08 diluted EPS). Adjusted net income $27.9M ($0.25 adj. diluted EPS).
- Occupancy 75.2%, highest since Q1 2020. ICE revenue rose to $153.8M from $130.7M YoY.
- Repurchased 2.7M shares for $39.4M in Q1; net debt/Adj. EBITDA 2.7x, within target range.
- Issued $500M of 8.250% senior notes due 2029 to refinance 2026 notes; incurred $27.2M debt-related expenses.
- FY 2024 adj. net income guidance raised to $74-85M; adj. diluted EPS $0.66-0.76. California City lease expiration expected to reduce EPS by $0.15-0.16 for 2024.

## SEC filing metadata
- accession: 0001193125-24-134855
- form_type: 8-K
- ticker: CXW
- cik: 0001070985
- company_name: CoreCivic, Inc.
- filed_at: 2024-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1070985/000119312524134855/0001193125-24-134855-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1070985/000119312524134855/d810606d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-134855
- JSON: https://secwatch.observer/filing/0001193125-24-134855.json
- Plain text: https://secwatch.observer/filing/0001193125-24-134855.txt

## Key facts
- Earnings Releases
  CoreCivic, Inc. reported first quarter of 2024 results: revenue $500.7 million, net income $9.5 million, EPS $0.08 per diluted share.
  - Period: first quarter of 2024
  - Revenue: $500.7 million
  - Net income: $9.5 million
  - EPS: $0.08 per diluted share
  - Result: reported results
  source text: Total revenue of $500.7 million • CoreCivic Safety revenue of $457.7 million • CoreCivic Community revenue of $29.9 million • CoreCivic Properties revenue of $13.0 million • Net income of $9.5 million; Adjusted net income of $27.9 million • Diluted earnings per share of $0.08
  evidence_url: https://www.sec.gov/Archives/edgar/data/1070985/000119312524134855/0001193125-24-134855-index.htm

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