Target Hospitality (TH) Tops Q3 EPS by 4c, Revenues Beat; Offers FY20 Revenue Mid-Point Guidance Above Consensus

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Go back to Target Hospitality (TH) Tops Q3 EPS by 4c, Revenues Beat; Offers FY20 Revenue Mid-Point Guidance Above Consensus

Target Hospitality Announces Third Quarter 2020 Results

November 9, 2020 6:45 AM EST

THE WOODLANDS, Texas, Nov. 9, 2020 /PRNewswire/ -- Target Hospitality Corp. ("Target Hospitality", "Target" or the "Company") (NASDAQ: TH), the largest provider of vertically-integrated specialty hospitality accommodations with premium catering and value-added hospitality services in the U.S., today reported results for the three months ended September 30, 2020.

Financial and Operational Highlights for the Third Quarter 2020

Revenues of $48.3 million for the three months ended September 30, 2020 as compared to $81.6 million for the same period in 2019 Net income (loss) of $(7.9) million for the three months ended September 30,... More