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    Ted Franchetti

    Research Analyst at Wedbush Securities

    Ted Franchetti is an Institutional Equity Sales professional at Wedbush Securities, specializing in servicing institutional clients with insights and equity strategies across select sectors. He has actively participated in earnings call discussions and has covered companies such as Geo Group Inc., demonstrating focused coverage and client engagement as part of the firm’s research team. Franchetti began his financial services career over a decade ago and currently holds FINRA registrations, including Series 7 and 63 licenses, reflecting his compliance and industry proficiency. His role emphasizes institutional relationships rather than direct research analyst performance metrics, and his tenure at Wedbush is supported by an established broker record with recognized industry credentials.

    Ted Franchetti's questions to GEO GROUP (GEO) leadership

    Ted Franchetti's questions to GEO GROUP (GEO) leadership • Q2 2025

    Question

    Ted Franchetti of Wedbush Securities asked about the timing of the ISAP contract extension to August, whether it was linked to new funding, and if the company's conviction in winning the rebid has changed. He also inquired how excess cash flow beyond the stated $200 million target would be allocated between debt paydown and buybacks.

    Answer

    Executive Chairman George Zoley stated the short-term ISAP extension was to allow ICE time to decide on a longer 6- or 12-month extension and that their conviction in winning the rebid remains high due to their 20-year track record and excellent ratings. CFO Mark Suchinski added that excess cash flow would likely be allocated pro-rata between buybacks and debt reduction, but opportunistically based on the stock's attractiveness.

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