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CoreCivic(CXW) - 2024 Q1 - Earnings Call Transcript
2024-05-09 18:18
Damon Hininger Good question. I don't keep me honest here. I don't remember any meaningful adjustment on ATD under that bill. Again, it seemed like most of the focus was on additional detention capacity. So again, to say, there may be some movement there, but I think at least for now, I mean, it seems like the focus has really shifted here in the last year or so on more detention capacity. But anything you'd add to that, Dave? David Garfinkle I don't. We saw an article yesterday about potential action on br ...
CoreCivic(CXW) - 2024 Q1 - Quarterly Report
2024-05-09 15:08
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED: MARCH 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO COMMISSION FILE NUMBER: 001-16109 CORECIVIC, INC. (Exact name of registrant as specified in its charter) MARYLAND 62-1763875 (State or other jurisdiction of (I.R.S. ...
CoreCivic(CXW) - 2024 Q1 - Quarterly Results
2024-05-09 13:14
• Adjusted EBITDA of $89.5 million Contact: Investors: Mike Grant - Managing Director, Investor Relations - (615) 263-6957 Financial Media: David Gutierrez, Dresner Corporate Services - (312) 780-7204 HIGHER OCCUPANCY PROPELS STRONG QUARTERLY FINANCIAL PERFORMANCE CAPITAL STRATEGY HIGHLIGHTS INCLUDE SIGNIFICANT SHARE BUYBACK AND DEBT REFINANCING IN QUARTER Commenting on capital market activities for the quarter, Hininger added, "In addition to the strong quarterly financial results, we are equally pleased w ...
CoreCivic Announces 2024 First Quarter Earnings Release and Conference Call Dates
Newsfilter· 2024-04-08 21:17
BRENTWOOD, Tenn., April 08, 2024 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE:CXW) (the Company) announced today that it will release its 2024 first quarter financial results after the market closes on Wednesday, May 8, 2024. A live broadcast of CoreCivic's conference call will begin at 10:00 a.m. central time (11:00 a.m. eastern time) on Thursday, May 9, 2024. To participate via telephone and join the call live, please register in advance here https://register.vevent.com/register/BIa41ba53918294659afa34f33feb ...
CoreCivic Announces 2024 First Quarter Earnings Release and Conference Call Dates
GlobeNewsWire· 2024-04-08 21:17
BRENTWOOD, Tenn., April 08, 2024 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) (the Company) announced today that it will release its 2024 first quarter financial results after the market closes on Wednesday, May 8, 2024. A live broadcast of CoreCivic's conference call will begin at 10:00 a.m. central time (11:00 a.m. eastern time) on Thursday, May 9, 2024. To participate via telephone and join the call live, please register in advance here https://register.vevent.com/register/BIa41ba53918294659afa34f33fe ...
7 Stocks to Own in the Run-Up to the Presidential Election
InvestorPlace· 2024-03-21 19:41
While political cycles are always difficult to predict, the challenge of finding stocks for the presidential election is slightly easier. How can that be, you might wonder? Believe it or not, Democrats and Republicans have quite a few things in common.To be sure, the focus right now centers on some of the starkest differences. Toward the end of this article, we’ll dive into this contrast. However, for the most part, the messaging is largely the same: America this, America that, we’re going to go here and go ...
CoreCivic Announces Closing of Offering of $500 Million of 8.250% Senior Notes Due 2029 and Expiration and Results of Tender Offer for 2026 Notes
Newsfilter· 2024-03-12 17:21
BRENTWOOD, Tenn., March 12, 2024 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE:CXW) ("CoreCivic") announced today that it has completed the previously announced underwritten registered public offering of $500 million aggregate principal amount of 8.250% senior notes due 2029 (the "Notes"). The Notes are senior unsecured obligations of CoreCivic and are guaranteed by all of its subsidiaries that guarantee CoreCivic's senior secured credit facilities, the $243.1 million outstanding aggregate principal amount of i ...
CoreCivic Announces Upsizing and Pricing of $500 Million 8.25% Senior Notes Due 2029
Newsfilter· 2024-03-05 23:12
BRENTWOOD, Tenn., March 05, 2024 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE:CXW) ("CoreCivic") announced today that it successfully upsized and priced its offering of $500 million aggregate principal amount of 8.25% senior notes due 2029 (the "Notes"). The aggregate principal amount of the Notes to be issued in the offering was increased to $500 million from the previously announced $450 million. The Notes will be senior unsecured obligations of CoreCivic and will be guaranteed on a senior unsecured basis by ...
CoreCivic, Inc. Announces Cash Tender Offer for Any and All of Its Outstanding 8.25% Senior Notes Due 2026
Newsfilter· 2024-03-04 19:24
BRENTWOOD, Tenn., March 04, 2024 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE:CXW) ("CoreCivic") announced today that it has commenced a cash tender offer (the "Tender Offer") for any and all of the $593.1 million outstanding aggregate principal amount of its outstanding 8.25% senior unsecured notes due 2026, which were issued with an original principal amount of $675.0 million (the "2026 Notes"), and which are guaranteed on a senior unsecured basis by all of CoreCivic's subsidiaries that guarantee its existin ...
CoreCivic Announces Proposed $450 Million Senior Notes Offering
Newsfilter· 2024-03-04 19:12
BRENTWOOD, Tenn., March 04, 2024 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE:CXW) ("CoreCivic") announced today that it intends to offer, subject to market and other conditions, up to $450 million aggregate principal amount of senior notes due 2029 (the "Notes"). The Notes will be senior unsecured obligations of CoreCivic and will be guaranteed on a senior unsecured basis by all of CoreCivic's subsidiaries that guarantee its existing senior secured credit facilities, 4.75% senior unsecured notes due October 2 ...