GEO Group Amends 8-K Filing for Financial Updates
Ticker: GEO · Form: 8-K/A · Filed: Feb 29, 2024 · CIK: 923796
| Field | Detail |
|---|---|
| Company | Geo Group INC (GEO) |
| Form Type | 8-K/A |
| Filed Date | Feb 29, 2024 |
| Risk Level | low |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $0.01, $21.1 million, $8.9 million, $8.9 m, $441.9 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: amendment, financial-reporting, corporate-governance
Related Tickers: GEO
TL;DR
**GEO Group just amended its 8-K, likely clarifying or updating financial results from February 15th.**
AI Summary
THE GEO GROUP, INC. filed an 8-K/A Amendment No. 1 on February 29, 2024, pertaining to an event reported on February 15, 2024. This amendment updates the original 8-K filing, which included information on Results of Operations and Financial Condition, and Financial Statements and Exhibits. The company, incorporated in Florida with IRS Employer Identification No. 65-0043078, is headquartered at 4955 Technology Way, Boca Raton, Florida.
Why It Matters
This amendment provides updated or corrected financial information, which is crucial for investors to make informed decisions about THE GEO GROUP, INC.'s performance and outlook.
Risk Assessment
Risk Level: low — An 8-K/A is an amendment to a previous filing, typically for clarification or minor updates, which generally carries low risk unless it reveals significant negative changes.
Key Players & Entities
- THE GEO GROUP, INC. (company) — Registrant
- Florida (company) — State of Incorporation
- Boca Raton (company) — City of Principal Executive Offices
- February 15, 2024 (date) — Date of earliest event reported
- February 29, 2024 (date) — Filed as of date
FAQ
What is the purpose of this 8-K/A filing by THE GEO GROUP, INC.?
This 8-K/A (Amendment No. 1) is an amendment to a previous Current Report filed by THE GEO GROUP, INC., likely to update or clarify information related to Results of Operations and Financial Condition, and Financial Statements and Exhibits, as indicated by the ITEM INFORMATION.
When was the earliest event reported in this filing?
The earliest event reported in this filing occurred on February 15, 2024.
What is the full business address of THE GEO GROUP, INC.?
The business address of THE GEO GROUP, INC. is 4955 Technology Way, Boca Raton, Florida 33431.
What is the Commission File Number for THE GEO GROUP, INC.?
The Commission File Number for THE GEO GROUP, INC. is 1-14260.
What was the former name of THE GEO GROUP, INC. and when did the name change occur?
The former name of THE GEO GROUP, INC. was WACKENHUT CORRECTIONS CORP, and the name change occurred on May 25, 1994.
Filing Stats: 1,248 words · 5 min read · ~4 pages · Grade level 12.1 · Accepted 2024-02-29 17:26:00
Key Financial Figures
- $0.01 — nge on which registered Common Stock, $0.01 Par Value GEO New York Stock Exchan
- $21.1 million — ated to the assessment is approximately $21.1 million. The Company plans to appeal this rulin
- $8.9 million — ecorded a one-time, non-cash accrual of $8.9 million in the Company's December 31, 2023 cons
- $8.9 m — Original Earnings Release, increased by $8.9 million, to $441.9 million and $1.74 bill
- $441.9 million — Release, increased by $8.9 million, to $441.9 million and $1.74 billion for the fourth quarte
- $1.74 billion — by $8.9 million, to $441.9 million and $1.74 billion for the fourth quarter and full year 20
- $6.6 million — iginal Earnings Release, was reduced by $6.6 million to $25.2 million and $107.2 million for
- $25.2 million — Release, was reduced by $6.6 million to $25.2 million and $107.2 million for the fourth quart
- $107.2 million — ed by $6.6 million to $25.2 million and $107.2 million for the fourth quarter and full year 20
Filing Documents
- d796054d8ka.htm (8-K/A) — 33KB
- d796054dex991.htm (EX-99.1) — 93KB
- 0001193125-24-053685.txt ( ) — 256KB
- geo-20240215.xsd (EX-101.SCH) — 3KB
- geo-20240215_lab.xml (EX-101.LAB) — 18KB
- geo-20240215_pre.xml (EX-101.PRE) — 11KB
- d796054d8ka_htm.xml (XML) — 4KB
Financial Statements and Exhibits
Financial Statements and Exhibits Item9.01.
Financial Statements and Exhibits
Financial Statements and Exhibits. Exhibit No. Description 99.1 Updated Condensed Consolidated Balance Sheets, Condensed Consolidated Statements of Operations and Reconciliation of Net Income to EBITDA and Adjusted EBITDA, and Net Income Attributable to GEO to Adjusted Net Income. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). 2
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. THE GEO GROUP, INC. February 29, 2024 By: /s/ Shayn P. March Date Shayn P. March Acting Chief Financial Officer, Executive Vice President, Finance and Treasurer (Principal Financial Officer) 3