08:52 AM EST, 11/06/2025 (MT Newswires) -- The GEO Group ( GEO ) reported Q3 adjusted net income Thursday of $0.25 per diluted share, up from $0.21 a year earlier.

Analysts surveyed by FactSet expected $0.23.

Revenue for the quarter ended Sept. 30 was $682.3 million, compared with $603.1 million a year earlier.

Analysts polled by FactSet expected $664.4 million.

For Q4, the company expects revenue between $651 million and $676 million. Analysts surveyed by FactSet expect $690.3 million.

GEO said it expects full-year adjusted net income of $0.84 to $0.87 per diluted share, narrower than its prior outlook of $0.84 to $0.94. Analysts surveyed by FactSet expect $0.89.

Full-year revenue guidance was raised to $2.6 billion from the prior expectation of $2.56 billion. Analysts surveyed by FactSet expect $2.60 billion.

The company also said its board also has increased its repurchase authorization to $500 million.

Shares of the company were up 3% in recent Thursday premarket activity.