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CoreCivic Reports Strong Financial Results and Optimism for 2024
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CoreCivic, Inc. reported net income of $26.5 million for the fourth quarter and $90.1 million for the full year 2023. The company expects positive population trends and improved facility operating margins for 2024. CoreCivic also noted its debt reduction progress and share repurchase program.
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How does CoreCivic plan to achieve its expectations for positive population trends?
What factors contribute to CoreCivic's optimism about its performance in 2024?
What impact might CoreCivic's debt reduction progress have on its future financial performance?
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