Article

The GEO Group, Inc. reported third-quarter earnings with earnings per share of $0.25, surpassing estimates by $0.02. Revenue reached $682.34 million, reflecting a 13.1% year-on-year increase and exceeding expectations by $16.53 million. Meanwhile, a group of Democrats, led by Senator Elizabeth Warren and Representative Jamie Raskin, sent a letter to the inspectors general of the Department of Homeland Security and the Department of Defense expressing concerns about immigration contractors receiving no-bid contracts linked to Trump administration officials.