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GEO Group Facilities
The GEO Group Inc. operates facilities in the United States, Canada, South Africa, Australia, and in the United Kingdom.More information
The GEO Group Comments on Cancellation of CAR 9
BOCA RATON, Fla., Mar 02, 2010 (BUSINESS WIRE) -- The GEO Group (NYSE:GEO) ("GEO") commented today on the cancellation by the Federal Bureau of Prisons ("BOP") of the Criminal Alien Requirement 9 Solicitation ("CAR 9"). GEO had submitted its expanded 1,755-bed North Lake Correctional Facility (the "Facility") in Baldwin, Michigan under the CAR 9 Solicitation. GEO had undertaken a 1,225-bed expansion of the existing 530-bed Facility, and the expansion is expected to be completed in 2010. George C. Zoley, Chairman and Chief Executive Officer of GEO, said, "We are disappointed by the BOP's decision to cancel the CAR 9 Solicitation due to a funding shortfall. The BOP is a valued client of GEO'... more
The GEO Group Receives Award for "Most Improved Overall Job Satisfaction" from HR Solutions, Inc.
BOCA RATON, Fla., Feb 23, 2010 (BUSINESS WIRE) -- The GEO Group (NYSE:GEO) ("GEO") announced today that it has received the top award from HR Solutions, Inc. for the "Most Improved Overall Job Satisfaction" among participants in the 2009 Employee Engagement Survey which was conducted nationwide. The "Most Improved Overall Job Satisfaction" award is given to the company with the most improved year-over-year score in the Overall Job Satisfaction survey categories. GEO was selected as the most improved company for this award from more than 600 companies that participated in the 2009 Employee Engagement Survey conducted by HR Solutions, In... more
The GEO Group Reports Fourth Quarter 2009 Results and Announces $80.0 Million Stock Repurchase Program
4Q GAAP Reported Earnings from Continuing Operations of $15.5 Million - $0.30 EPS4Q Pro-Forma Earnings Increased 10% to $21.0 Million - $0.40 EPSBoard of Directors Approves $80.0 Million Stock Repurchase ProgramFull-Year 2010 Pro Forma EPS Guidance of $1.36 to $1.46 and 2010 Adjusted Free Cash Flow per Share of $2.13 to $2.23BOCA RATON, Fla., Feb 22, 2010 (BUSINESS WIRE) -- The GEO Group (NYSE: GEO) ("GEO") today reported fourth quarter and full-year 2009 financial results. GEO reported fourth quarter 2009 GAAP income from continuing operations of $15.5 million, or $0.30 per diluted share, which includes a one-time, after-tax expense of $4.2 million, or $0.08 ... more
GEO makes Forbes Platinum 400 list.
The GEO Group (NYSE:GEO) ("GEO") is named a Forbes.com 400 Best Big Company in America. GEO was an industry standout with and average five-year total return of 22%. more
A New Face at GEO
Joseph Woodbring has been appointed as the new Vice President for the Office of Professional Responsibility (OPR). more
New Training Standardizations
Mark Karsonovich implemented a new training standardization and learning management system here at GEO. more