Andrew N. Shapiro
On January 6, 2025, Andrew N. Shapiro resigned from the Board of Directors (the “Board”) and all Board committee positions of The GEO Group, Inc. (“GEO” or the “Company”) effective as of January 6, 2025 for personal reasons.
Highest-materiality recent filing
Geo Group Q1 revenue up 17% to $705.2M; net income +96%; raises FY guidance
Revenue $705.2M vs $604.6M YoY (+17%); net income $38.3M (+96%); adjusted EBITDA $131.4M (+32%).
GEO Group CFO Mark Suchinski to depart; Shayn March named new CFO effective April 1, 2026
Mark Suchinski leaves March 31, 2026 to relocate and join another industry.
GEO Q4 revenues $707.7M (+16% YoY); adjusted EPS $0.25 vs $0.13; FY26 rev guidance $2.9-$3.1B
Q4 revenue $707.7M (+16% YoY); adj. net income $0.25/diluted vs $0.13 in Q4 2024.
GEO Group CEO J. David Donahue retiring Feb 28; founder George Zoley returns as CEO
Donahue to receive $104,167/month consulting fee from Mar 2026 through Feb 2028 under Consultant Agreement.
GEO Q3 revenue $682.3M, net income $173.9M ($1.24/diluted); buyback authorization raised to $500M
Q3 revenue $682.3M, net income $173.9M ($1.24 diluted); adjusted EPS $0.25 vs $0.21 prior year.
Ninth Circuit denies GEO rehearing; $37.6M judgment stands in detainee wage case
Ninth Circuit denied GEO's petition for panel rehearing and rehearing en banc in two detainee minimum wage cases.
GEO Group Reports Q2 2025 Revenue of $636M, Net Income $29.1M, and Authorizes $300M Share Buyback
Q2 2025 total revenues reached $636.2 million, up from $607.2 million in Q2 2024.
GEO upsizes revolver to $450M, extends maturity to 2030, repays $132M Term Loan B
Revolver commitments increased from $310M to $450M; maturity extended to July 14, 2030.
GEO Group sells Lawton Correctional Facility to Oklahoma for $312M; expects close July 25, 2025
Sale price of $312M for Lawton Correctional Facility; expected close July 25, 2025.
GEO Group Q1 revenue $604.6M, net income $19.6M; FY25 EPS guidance $0.77-$0.89
Q1 revenue $604.6M (flat YoY); net income $19.6M ($0.14 diluted EPS) vs $22.7M ($0.14) in Q1 2024.
Q4 2024: Net income $15.5M ($0.11 diluted); adjusted net income $0.13 diluted.
GEO CEO Brian Evans retires; David Donahue named successor; $70M ICE expansion plan
CEO Brian Evans retires Dec 31, 2024; separation agreement provides $85,834/month through Dec 2026 and immediate vesting of unvested equity.
GEO Q3 rev flat at $603M; adj EPS $0.21; Q4 rev guidance $600-610M
Q3 GAAP net income $26.3M ($0.19/sh) vs $24.5M ($0.16) year ago; adj. net income $29.1M ($0.21) vs $23.6M ($0.19).
GEO Q2 revenue $607.2M, net loss $0.25/sh on $82.3M debt extinguishment; Adj EPS $0.23
Q2 2024 revenue $607.2M (+2.2% YoY); net loss $32.5M ($0.25 diluted) vs net income $29.6M ($0.20) in Q2 2023.
GEO Group exchanges $46.4M of 6.50% notes for $75.3M in cash/stock, reducing outstanding by 88%
Exchanged $46.4M aggregate principal of 6.50% Exchangeable Senior Notes due 2026 for estimated $75.3M in cash and common stock.
GEO Q1 revenue $605.7M, net income $22.7M; guides FY24 Adj. EBITDA $485M-$515M
Q1 total revenue $605.7M (vs $608.2M Q1 2023); net income $22.7M (vs $28.0M); Adj. EBITDA $117.6M (vs $130.9M).
On January 6, 2025, Andrew N. Shapiro resigned from the Board of Directors (the “Board”) and all Board committee positions of The GEO Group, Inc. (“GEO” or the “Company”) effective as of January 6, 2025 for personal reasons.
the Board appointed Ms. Donna Arduin Kauranen to serve as a director on the Board of GEO for a term expiring at the 2025 annual meeting of shareholders
On June 4, 2024, the Board of Directors of The GEO Group, Inc. (“GEO” or the “Company”) approved the appointment of Mark J. Suchinski as Senior Vice President and Chief Financial Officer, effective July 8, 2024.
Max materiality 0.90 · Median 0.55 · Most common event earnings