Geo Group Inc (The) REIT (GEO) Q3 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.817 Good day and welcome to the GEO Group Third Quarter 2025 Earnings Call. 00:00:05.817 -- 00:00:07.839 All participants will be in listen-only mode. 00:00:07.839 -- 00:00:11.603 Should you need assistance, please signal a conference specialist by pressing the star 00:00:11.603 -- 00:00:16.448 key followed by zero. After today's presentation, there will be an opportunity to ask 00:00:16.448 -- 00:00:20.893 questions. To ask a question, you may press star then one on your telephone keypad. 00:00:20.893 -- 00:00:24.657 To withdraw your question, please press star then two. 00:00:24.657 -- 00:00:28.600 Please note this event is being recorded. I would now like to turn the conference over 00:00:28.600 -- 00:00:33.185 to Pablo Paez, Executive Vice President of Corporate Relations. 00:00:33.185 -- 00:00:35.188 Please go ahead. 00:00:35.188 -- 00:00:39.913 Thank you, Operator. Good morning, everyone, and thank you for joining us for today's 00:00:39.913 -- 00:00:45.700 discussion of the GeoGroup's third quarter 2025 earnings results. 00:00:45.700 -- 00:00:50.986 With us today are George Zoli, Executive Chairman of the Board, Dave Donahue, 00:00:50.986 -- 00:00:56.680 Chief Executive Officer, and Mark Stachinski, Chief Financial Officer. 00:00:56.680 -- 00:01:01.526 This morning, we will discuss our third quarter results as well as our outlook. 00:01:01.526 -- 00:01:05.090 We will conclude the call with a question and answer session. 00:01:05.090 -- 00:01:11.896 This conference call is also being webcast live on our investor website at investors.geogroup.com. 00:01:13.380 -- 00:01:16.504 Today, we will discuss non-GAAP basis information. 00:01:16.504 -- 00:01:21.490 A reconciliation from non-GAAP basis information to GAAP basis results is inc...