Financial Results – First Six Months of 2012 Compared with First Six Months of 2011For the first six months of 2012, GEO reported total revenues of $813.6 million compared to total revenues of $777.1 million for the first six months of 2011. GEO reported income from continuing operations of $38.1 million, or $0.62 per diluted share for the first six months of 2012, compared to income from continuing operations of $36.0 million, or $0.56 per diluted share for the first six months of 2011. GEO’s income from continuing operations for the first six months of 2012 includes $4.1 million in start-up/transition expenses, net of tax; $1.2 million in international bid and proposal expenses, net of tax; and $0.5 million, after-tax, in transaction related expenses in connection with GEO’s previously announced acquisition of the partnership interests in MCF.
The GEO Group Reports Second Quarter 2012 Results; Increases Quarterly Dividend To $0.20 Per Share
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