How did GEO's revenue and expenses trend in Q4 2024?

The GEO Group (GEO) experienced a slight decline in its net income and total revenue in Q4 2024 compared to the previous quarter, reflecting challenges in maintaining financial performance amidst fluctuating business segments.

1. Revenue Trend: The total revenue for GEO in Q4 2024 was $608.28 million, which is slightly higher than the previous quarter's total revenue. However, this increase is not statistically significant, indicating a relative stability in revenue generation.

2. Net Income Trend: The net income for GEO in Q4 2024 was $25.16 million, representing a decrease from the previous quarter's net income. This decline is a notable indicator of increased expenses or reduced profitability during the period.
3. Segmental Analysis: GEO's revenue is segmented into various categories such as United States Secure Services, Electronic Monitoring and Supervision Services, Reentry Services, and International Services. While some segments showed increased revenue, others, such as Reentry Services and International Services, experienced a decline in revenue.

In conclusion, GEO faced a challenging quarter with mixed results across its business segments, leading to a slight overall decline in net income and total revenue. The company's management may need to address the factors contributing to the decline in certain segments to stabilize and improve financial performance in future quarters.