CoreCivic, Inc. (CXW) Q1 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.437 Good day, and thank you for standing by. Welcome to the Q1, 2026 00:00:05.437 -- 00:00:06.979 CoreCivic, 00:00:06.979 -- 00:00:12.565 Inc. Earnings Conference Call. At this time, all participants are in a listen-only 00:00:12.565 -- 00:00:17.832 mode. After the speaker's presentation, there will be a question and answer session. 00:00:17.832 -- 00:00:23.118 To ask a question during the session, you will need to press star one one on your telephone. 00:00:23.118 -- 00:00:26.582 You will then hear an automated message advising your hand is raised. 00:00:26.582 -- 00:00:30.170 To withdraw your question, please press star one one again. 00:00:30.170 -- 00:00:33.894 Please be advised that today's conference is being recorded. 00:00:33.894 -- 00:00:38.580 I would now like to hand the conference over to your first speaker today, Jeb Bachman, 00:00:38.580 -- 00:00:43.743 Managing Director of Investor Relations. Please go ahead. 00:00:44.646 -- 00:00:49.772 Thank you, Operator. Good morning, and welcome to CoreCivic's first quarter 2026 earnings 00:00:49.772 -- 00:00:54.538 call. Participating on today's call are Patrick Swindle, CoreCivic's President and Chief 00:00:54.538 -- 00:00:58.874 Executive Officer, and David Garfinkel, our Chief Financial Officer. 00:00:58.874 -- 00:01:04.099 We are also joined here in the room by our Vice President of Finance, Brian Hammonds. 00:01:04.099 -- 00:01:08.403 On this call, we will discuss financial results for the first quarter of 2026, 00:01:08.403 -- 00:01:12.126 as well as updated financial guidance for the 2026 year. 00:01:12.126 -- 00:01:16.150 We will also discuss developments with our government partners and provide you with other 00:01:16.150 -- 00:01:18.813 general business updates. 00:01:18....