Corrections Corporation Of America's CEO Discusses Q2 2012 Results - Earnings Call Transcript

Corrections Corporation of America (CXW)

Q2 2012 Earnings Call

August 9, 2012 11:00 am ET

Executives

Damon T. Hininger – President and Chief Executive Officer

Todd J. Mullenger – Chief Financial Officer and Executive Vice President

Analysts

Kevin S. Campbell – Avondale Partners LLC

Todd Van Fleet – First Analysis Securities Corp.

Tobey Sommer – Suntrust Robinson Humphrey

Manav Shiv Patnaik – Barclays Capital, Inc.

Kevin McVeigh – Macquarie

Presentation

Operator

Good morning everyone, and welcome to CCA Second Quarter 2012 Earnings Conference Call. If you need a copy of our press release or supplemental financial data both documents are available on the investor page of our website at www.cca.com. Before we begin, let me remind today's listeners that this call contains forward-looking statements, pursuant to the Safe Harbor provisions of the Securities and Litigation Reform Act.

These statements are subject to risks and uncertainties that could cause actual results to differ materially from the statements made today. Factors that could cause operating and financial results to differ are described in the press release as well as our Form 10-K and other documents filed with the SEC.

This call may include discussions of non-GAAP measures. The reconciliation of the most comparable GAAP measurement is provided in our corresponding earnings release and included in the supplemental financial data on our website.

We are under no obligation to update or revise any forward-looking statements that maybe made to reflect events or circumstances after the date hereof or to reflect the occurrences of unanticipated events.

If you liked this article you might like

Why the Boardroom Doesn't Need Ivy League Degrees

CoreCivic to Offer Look Inside Its Walls

Cato's Dividend Yield Is the Cat's Meow, but for How Long?

Watchdog Group Sues Justice Department for Records on Private Prison Decisions

Private Prison Operator That Backed Trump Gets Contracts for Criminal Immigrants Facilities