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home / news releases / GEO - The GEO Group Inc. (GEO) Q4 2023 Earnings Call Transcript


GEO - The GEO Group Inc. (GEO) Q4 2023 Earnings Call Transcript

2024-02-15 21:25:23 ET

The GEO Group, Inc. (GEO)

Q4 2023 Earnings Conference Call

February 15, 2024 11:00 ET

Company Participants

Pablo Paez - Executive Vice President, Corporate Relations

George Zoley - Executive Chairman

Brian Evans - Chief Executive Officer

Wayne Calabrese - President and Chief Operating Officer

Shayn March - Acting Chief Financial Officer

James Black - President, GEO Secure Services

Conference Call Participants

Joe Gomes - NOBLE Capital

Brian Violino - Wedbush Securities

Brendan McCarthy - Sidoti

Kirk Ludtke - Imperial Capital

Greg Gibas - Northland Securities

Presentation

Operator

Good day, and welcome to the GEO Group Fourth Quarter 2023 Earnings Conference Call. [Operator Instructions] Please note, today’s event is being recorded. I would now like to turn the conference over to Pablo Paez, Executive Vice President of Corporate Relations. Please go ahead.

Pablo Paez

Thank you, operator. Good morning, everyone and thank you for joining us for today’s discussion of the GEO Group’s fourth quarter and full year 2023 earnings results. With us today are George Zoley, Executive Chairman of the Board; Brian Evans, Chief Executive Officer; Wayne Calabrese, President and Chief Operating Officer; Shayn March, Acting Chief Financial Officer; and James Black, President of GEO Secure Services. This morning, we will discuss our fourth quarter and full year results as well as our outlook. We will conclude the call with a question-and-answer session. This conference call is also being webcast live on our investor website at investors.geogroup.com.

Today, we will discuss non-GAAP basis information. A reconciliation from non-GAAP basis information to GAAP basis results is included in the press release and the supplemental disclosure we issued this morning. Additionally, much of the information we will discuss today, including the answers we give in response to your questions, may include forward-looking statements regarding our beliefs and current expectations with respect to various matters. These forward-looking statements are intended to fall within the safe harbor provisions of the securities laws. Our actual results may differ materially from those in the forward-looking statements as a result of various factors contained in our Securities and Exchange Commission filings, including the Form 10-K, 10-Q and 8-K reports.

With that, please allow me to turn this call over to our Executive Chairman, George Zoley. George?

George Zoley

Thank you, Pablo, and good morning to everyone. Thank you for joining us on our fourth quarter 2023 earnings call. I’m joined today by our newly reorganized senior management team, including our new CEO, Brian Evans, our new President and Chief Operating Officer, Wayne Calabrese, and our new Acting Chief Financial Officer, Shayn March, along with our President of GEO Secure Services James Black. While Brian, Shayn and Wayne are new to their positions they have each been with the company a long time....

For further details see:

The GEO Group, Inc. (GEO) Q4 2023 Earnings Call Transcript
Stock Information

Company Name: Geo Group Inc REIT
Stock Symbol: GEO
Market: NYSE
Website: geogroup.com

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