Exhibit 99.1

	Original Press Release		Updated
	As of December 31, 2023		As of December 31, 2023
	(unaudited)		(unaudited)
ASSETS
Cash and cash equivalents	$	93,971	$	93,971
Accounts receivable, less allowance for doubtful accounts		390,023		390,023
Prepaid expenses and other current assets		44,511		44,511
Total current assets	$	528,505	$	528,505
Restricted Cash and Investments		135,968		135,968
Property and Equipment, Net		1,944,278		1,944,278
Operating Lease Right-of-Use Assets, Net		102,204		102,204
Assets Held for Sale		—		—
Deferred Income Tax Assets		8,551		8,551
Intangible Assets, Net (including goodwill)		891,085		891,085
Other Non-Current Assets		85,815		85,815
Total Assets	$	3,696,406	$	3,696,406
LIABILITIES AND SHAREHOLDERS’ EQUITY
Accounts payable	$	64,447	$	64,447
Accrued payroll and related taxes		64,436		64,436
Accrued expenses and other current liabilities		219,159		228,059
Operating lease liabilities, current portion		24,640		24,640
Current portion of finance lease obligations, and long-term debt		55,882		55,882
Total current liabilities	$	428,564	$	437,464
Deferred Income Tax Liabilities		79,607		77,369
Other Non-Current Liabilities		83,643		83,643
Operating Lease Liabilities		82,114		82,114
Long-Term Debt		1,725,502		1,725,502
Total Shareholders’ Equity		1,296,976		1,290,314
Total Liabilities and Shareholders’ Equity	$	3,696,406	$	3,696,406

* all figures in ‘000s

	Original Press Release			Updated			Original Press Release			Updated
	Q4 2023			Q4 2023			FY 2023			FY 2023
	(unaudited)			(unaudited)			(unaudited)			(unaudited)
Revenues	$	608,283		$	608,283		$	2,413,167		$	2,413,167
Operating expenses		433,042			441,942			1,735,328			1,744,228
Depreciation and amortization		30,996			30,996			125,784			125,784
General and administrative expenses		51,584			51,584			190,766			190,766
Operating income		92,661			83,761			361,289			352,389
Interest income		4,006			4,006			7,792			7,792
Interest expense		(53,211	)		(53,211	)		(218,292	)		(218,292	)
Loss on extinguishment of debt		(6,687	)		(6,687	)		(8,532	)		(8,532	)
Gain on asset divestitures		1,243			1,243			4,691			4,691
Income before income taxes and equity in earnings of affiliates		38,012			29,112			146,948			138,048
Provision for income taxes		7,601			5,363			37,637			35,399
Equity in earnings of affiliates, net of income tax provision		1,413			1,413			4,534			4,534
Net income		31,824			25,162			113,845			107,183
Less: Net loss attributable to noncontrolling interests		70			70			142			142
Net income attributable to The GEO Group, Inc.	$	31,894		$	25,232		$	113,987		$	107,325
Weighted Average Common Shares Outstanding:
Basic		122,081			122,081			121,908			121,908
Diluted		125,224			125,224			123,698			123,698
Net income per Common Share Attributable to The GEO Group, Inc.** :
Basic:
Net income per share — basic	$	0.22		$	0.17		$	0.78		$	0.73
Diluted:
Net income per share — diluted	$	0.21		$	0.17		$	0.77		$	0.72

* All figures in ‘000s, except per share data

** In accordance with U.S. GAAP, diluted earnings per share attributable to GEO available to common stockholders is calculated under the if-converted method or the two-class method, whichever calculation results in the lowest diluted earnings per share amount, which may be lower than Adjusted Net Income Per Diluted Share.

	Original Press Release			Updated			Original Press Release			Updated
	Q4 2023			Q4 2023			FY 2023			FY 2023
	(unaudited)			(unaudited)			(unaudited)			(unaudited)
Net Income	$	31,824		$	25,162		$	113,845		$	107,183
Add:
Income tax provision **		7,889			5,651			38,505			36,267
Interest expense, net of interest income ***		55,892			55,892			219,032			219,032
Depreciation and amortization		30,996			30,996			125,784			125,784
EBITDA	$	126,601		$	117,701		$	497,166		$	488,266
Add (Subtract):
Gain on asset divestitures, pre-tax		(1,243	)		(1,243	)		(4,691	)		(4,691	)
Net loss attributable to noncontrolling interests		70			70			142			142
Stock based compensation expenses, pre-tax		3,013			3,013			15,065			15,065
Litigation costs and settlements, pre-tax		—			8,900			—			8,900
One-time employee restructuring expenses, pre-tax		814			814			814			814
Other non-cash revenue & expenses, pre-tax		(301	)		(301	)		(1,319	)		(1,319	)
Adjusted EBITDA	$	128,954		$	128,954		$	507,177		$	507,177
Net Income attributable to GEO	$	31,894		$	25,232		$	113,987		$	107,325
Add (Subtract):
Gain on asset divestitures, pre-tax		(1,243	)		(1,243	)		(4,691	)		(4,691	)
Loss on extinguishment of debt, pre-tax		6,687			6,687			8,532			8,532
Litigation costs and settlements, pre-tax		—			8,900			—			8,900
One-time employee restructuring expenses, pre-tax		814			814			814			814
Tax effect of adjustment to net income attributable to GEO (1)		(1,574	)		(3,812	)		(1,171	)		(3,409	)
Adjusted Net Income	$	36,578		$	36,578		$	117,471		$	117,471
Weighted average common shares outstanding - Diluted		125,224			125,224			123,698			123,698
Adjusted Net Income per Diluted share		0.29			0.29			0.95			0.95

* all figures in ‘000s, except per share data

** including income tax provision on equity in earnings of affiliates

*** includes (gain)/loss on extinguishment of debt

(1) Tax adjustment related to gain on asset divestitures, one-time employee restructuring expenses, litigation costs and settlements and loss on extinguishment of debt.