CoreCivic's revenue and expenses in Q4 2024 showed a positive trend with several notable points:
- Revenue Trend: CoreCivic's revenue for Q4 2024 was $1.94 billion1. This was a notable increase from the previous year, indicating a strong performance in the period.
- Net Income: The company reported a net income of $19.28 million for the quarter1. This figure is consistent with the net income reported in the third quarter, suggesting a stable financial performance over the period.
- Segment Performance: CoreCivic's business segments, including Management, Safety, Federal, State, Community, and Other, all contributed to the overall revenue. The Federal segment stood out with the highest revenue of $1 billion, followed by State and Safety segments1.
- Financial Stability: CoreCivic's financial stability was evident with a net income of $19.28 million reported across all segments. This indicates a robust financial performance despite the diversity of its business segments.
- Comparative Performance: When compared to the third quarter, CoreCivic's revenue in Q4 2024 showed a slight increase. This trend suggests that the company's financial performance was building upon the strength of the previous quarter, indicating a positive outlook for the company.
In conclusion, CoreCivic's revenue and expenses in Q4 2024 were on an upward trend, with the company reporting strong financial results across its various business segments. This performance is a testament to CoreCivic's effective cost management and operational efficiency.
5/8/2025 06:25am
