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CCA Q2 profit rises
By RTT News
Published: 08/08/2008

TENNESSEE - Corrections Corp. of America (CXW: News, Chart, Quote ) said that second-quarter net income increased 15.0% to $37.5 million from $32.6 million in the same quarter last year. Net income per diluted share rose 15.4% to $0.30 from $0.26 in the prior year quarter.

Total revenue for the second quarter of 2008 increased 10.2% to $399.6 million from $362.8 million during the same period in 2007, as total compensated man-days increased to 7.0 million from 6.6 million, and as revenue per compensated man-day increased to $56.69 from $54.08. Read more.

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