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GEO Group sees Georgia ICE contract modification adding $66M annual revenue (GEO:NYSE)
USA)” width=”1536px” height=”1024px” data-caption=”John M. Chase/iStock Unreleased via Getty Images” data-id=”2155658954″ data-image-type=”Getty” data-original-src=”https://media.gettyimages.com/id/2155658954/photo/u-s-customs-and-border-protection-building-washington-d-c.jpg?b=1&s=612×612&w=0&k=20&c=Rzwqehk1DOEEuB5M253wEW5GYISW_0acmS3_pIkAWQI=” data-source=”” data-type=”getty-image”>John M. Chase/iStock Unreleased via Getty Images
GEO Group (NYSE:GEO) stock rose 3.2% in Monday premarket trading after the REIT said a contract modification by U.S. Immigration and Customs Enforcement is expected to add ~$66M annualized revenue in the first full year of operations.
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