The two main companies with government contracts to operate ICE detention centers are seeing significant revenue growth they expect will last all year.

The two main companies with government contracts to operate ICE detention centers are seeing significant revenue growth they expect will last all year. Both CoreCivic and the GEO Group released second quarter earnings reports last week.

“Last year was the most successful period of business wins in our company’s history and we expect 2026 to continue to be very active as well,” said George Zoley, chairman and CEO of the GEO Group, during a call with investors.

The GEO Group reported a 15 percent increase in revenue in the second quarter, largely attributed to contracts with ICE to house immigrants at detention centers across the country.

  • pelespirit@sh.itjust.worksOPMEnglish
    11·
    27 days ago

    Is trump actually worse than hitler? Hitler wasn’t making money off of his evilness. This is the core reason for the immigrant cruelty.

  • HubertManne@piefed.socialEnglish
    1·
    27 days ago

    boy I sure hope the corps helping to build and maintain and outfit ice and such don’t get hit in other business endeavours of theirs that might be softer targets.