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The GEO Group Reports Fourth Quarter and Full Year 2024 Results

1. GEO reported Q4 2024 revenues of $607.7 million, with net income of $15.5 million.

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Why Bullish?

The positive financial results reflect strong demand for GEO's services, similar to past quarterly earnings boosts, potentially leading to investor confidence and stock price increase.

How important is it?

The financial results directly impact GEO's market perception and investor decisions, indicating potential for short-term price increases.

Why Short Term?

Immediate investor reaction to quarterly earnings often results in short-term stock price adjustments, as observed in previous earnings reports of GEO.

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CXWCOREABEO
BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE: GEO) (“GEO”), a leading provider of contracted support services for secure facilities, processing centers, and reentry centers, as well as enhanced in-custody rehabilitation, post-release support, and electronic monitoring programs, reported today its financial results for the fourth quarter and full year 2024. Fourth Quarter 2024 Highlights Total revenues of $607.7 million Net Income of $15.5 million Net Income Attributable to GEO o.

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