CoreCivic, Inc. (CXW) Q3 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.538 Good day, and welcome to Cora Civic's third quarter 2025 earnings conference call. 00:00:05.538 -- 00:00:08.641 At this time, all participants are in listen-only mode. 00:00:08.641 -- 00:00:11.985 After the speaker's presentation, there will be a question and answer session. 00:00:11.985 -- 00:00:16.831 To ask a question, please press star 1-1. If your question has been answered and you'd 00:00:16.831 -- 00:00:19.555 like to remove yourself from the queue, press star 1-1 again. 00:00:19.555 -- 00:00:24.701 As a reminder, this call may be recorded. I would like to turn the call over to Jeb 00:00:24.701 -- 00:00:27.504 Bachman, Managing Director, Investor Relations. 00:00:27.504 -- 00:00:29.885 Please go ahead. 00:00:30.895 -- 00:00:34.720 Thank you, operator. Good afternoon, everyone, and welcome to CoreCivic's third quarter 00:00:34.720 -- 00:00:40.166 2025 earnings call. Participating on today's call are Damien Heininger, CoreCivic's 00:00:40.166 -- 00:00:45.633 chief executive officer, Patrick Swindle, CoreCivic's president and chief operating officer, 00:00:45.633 -- 00:00:48.717 and David Garfinkel, our chief financial officer. 00:00:48.717 -- 00:00:53.502 We are also joined here in the room by our vice president of finance, Brian Hammonds. 00:00:53.502 -- 00:00:57.768 On this call, we will discuss financial results for the third quarter of 2025, as well 00:00:57.768 -- 00:01:01.220 as updated financial guidance for the 2025 year. 00:01:01.220 -- 00:01:05.285 We will also discuss developments with our government partners and provide you with other 00:01:05.285 -- 00:01:07.548 general business updates. 00:01:07.548 -- 00:01:11.433 During today's call, our remarks, including our answers to your questions, will include 00:01:11.43...