The GEO Group, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 02, 2022 at 06:00 am EDT
The GEO Group, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was USD 588.18 million compared to USD 565.42 million a year ago. Net income was USD 53.73 million compared to USD 41.96 million a year ago. Basic earnings per share from continuing operations was USD 0.37 compared to USD 0.29 a year ago. Diluted earnings per share from continuing operations was USD 0.37 compared to USD 0.29 a year ago.
For the six months, sales was USD 1,139.36 million compared to USD 1,141.8 million a year ago. Net income was USD 91.95 million compared to USD 92.5 million a year ago. Basic earnings per share from continuing operations was USD 0.63 compared to USD 0.71 a year ago. Diluted earnings per share from continuing operations was USD 0.63 compared to USD 0.7 a year ago.