secwatch.observer — SEC 8-K summary
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Issuer:     CoreCivic, Inc. (CXW)
CIK:        0001070985
Form:       8-K
Filed at:   2025-05-07T23:59:59+00:00
Accession:  0001193125-25-114893
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CoreCivic Q1 EPS $0.23; raises 2025 guidance; reactivates three ICE facilities
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- Q1 revenue $488.6M, net income $25.1M ($0.23 diluted EPS), FFO $0.45 per share.
- Full-year 2025 guidance raised: net income $91.3M-$101.3M (prev. $53.5M-$67.5M), EBITDA $331M-$339M.
- Occupancy 77.0% vs 75.2% YoY; reactivating Dilley, Midwest, and California City facilities under ICE agreements.
- Repurchased 1.9M shares for $37.9M in Q1; $131.0M remains under buyback authorization.
- ICE contract modifications added 784 detainee beds; Dilley amendment runs through March 2030.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1070985/000119312525114893/0001193125-25-114893-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1070985/000119312525114893/d932206d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-114893

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