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CoreCivic Reports Fourth Quarter and Full Year 2020 Financial Results
CoreCivic, Inc.February 10, 2021 GMT
BRENTWOOD, Tenn., Feb. 10, 2021 (GLOBE NEWSWIRE) CoreCivic, Inc. (NYSE: CXW) (the Company) announced today its financial results for the fourth quarter and full year 2020.
Financial Highlights – Full Year 2020
Total revenue of $1.91 billion
CoreCivic Safety revenue of $1.71 billion
CoreCivic Community revenue of $106.0 million
CoreCivic Properties revenue of $93.1 million
Net income attributable to common stockholders of $54.2 million
Diluted EPS per share of $0.45
Adjusted diluted EPS of $1.32
Normalized FFO per diluted share of $2.25
Adjusted EBITDA of $404.8 million
Lawmakers Take A Hard Look At Correctional System After COVID-19 Hits 46 Percent of Inmates
Overcrowding at Hawaiʻi’s jails and prisons is nothing new, but the threat of a COVID-19 outbreak led to early inmate releases. Representative Takashi Ohno, chair of the House Committee on Corrections, Military, and Veterans Affairs, wants a thorough review of those actions.
“Did it deter covid-19 in our jails and prisons? Did it compromise public safety?” says Ohno, “What happened to some of these folks who were released?”
He says he’s personally invested in questions surrounding recidivism. Ohno says public safety has been struggling over the years to fill vacancies that could keep inmates from coming back.
Updatd 12/14/20, 12:10 p.m.
A COVID-19 outbreak at the Hālawa Correctional Facility has grown to infect more than 160 inmates and nearly 30 staff. The prison is currently in lockdown with all inmate movement including transfer to and from the facility have been suspended forthe next two weeks.
According to the state Department of Public Safety, 167 inmates at the Hālawa Correctional Facility are currently in medical isolation after testing positive for the coronavirus. Another 28 staff at the prison were also infected.
Hawaiʻi health officials are currently conducting contact tracing. State public safety director Max Otani says security and medical staff at Hālawa are working around the clock to keep the virus from spreading.
Updatd 12/14/20, 9:04 a.m.
A COVID-19 outbreak at the Hālawa Correctional Facility has grown to infect more than 160 inmates and nearly 30 staff. The prison is currently in lockdown with all inmate movement including transfer to and from the facility have been suspended forthe next two weeks.
According to the state Department of Public Safety, 167 inmates at the Hālawa Correctional Facility are currently in medical isolation after testing positive for the coronavirus. Another 28 staff at the prison were also infected.
Hawaiʻi health officials are currently conducting contact tracing. State public safety director Max Otani says security and medical staff at Hālawa are working around the clock to keep the virus from spreading.
• 1 hour ago Cory Lum/Civil Beat
A COVID-19 outbreak at the Hālawa Correctional Facility has grown to infect more than 60 inmates and 20 staff. The prison is currently in lockdown with all inmate movement including transfer to and from the facility have been suspended forthe next two weeks.
Sixty-eight inmates at the Hālawa Correctional Facility are currently in medical isolation after testing positive for the coronavirus. Another 21 staff were also infected.
Hawaiʻi health officials are currently conducting contact tracing. State public safety director Max Otani says security and medical staff at Hālawa are working around the clock to keep the virus from spreading.