CoreCivic, Inc. (CXW) Q2 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.956 Good day, and thank you for standing by. Welcome to the CoreCivic 00:00:04.956 -- 00:00:08.178 two-quarter 2025 00:00:09.461 -- 00:00:14.667 earnings call. At this time, all participants are in a dissonant 00:00:14.667 -- 00:00:19.913 mode. After the speaker's presentation, there will be a question and answer session. 00:00:19.913 -- 00:00:24.338 To ask a question during the session, you'll need to press star 11 on your telephone. 00:00:24.338 -- 00:00:28.122 You will then hear an automated message advising your hand is raised. 00:00:28.122 -- 00:00:31.667 To answer your question, Please press start one more again. 00:00:31.667 -- 00:00:35.010 Please be advised that today's conference is being recorded. 00:00:35.010 -- 00:00:40.154 I would now like to turn the call over to David Gutierrez. 00:00:40.256 -- 00:00:41.017 You may now begin. 00:00:41.017 -- 00:00:43.017 Thank 00:00:46.824 -- 00:00:51.369 you, operator. Good morning, everyone, and welcome to CoreCivic's second quarter 2025 00:00:51.369 -- 00:00:56.515 earnings call. Participating on today's call are Damon Heiniger, 00:00:56.515 -- 00:01:01.746 CoreCivic's chief executive officer, Patrick Swindle, Core Civics President and Chief 00:01:01.746 -- 00:01:06.471 Operating Officer, and David Garfinkel, our Chief Financial Officer. 00:01:06.471 -- 00:01:11.436 We also are joined here in the room by our Vice President of Finance, Brian Hammonds. 00:01:11.436 -- 00:01:16.181 On this call, we will discuss financial results for the second quarter of 2025, 00:01:16.181 -- 00:01:20.586 as well as updated financial guidance for the 2025 year. 00:01:20.586 -- 00:01:24.671 We will also discuss developments with our government partners and provide you with other 00:01:24.671 -- 00:01:29.9...