Target Hospitality (TH) Tops Q4 EPS by 2c, Offers Guidance

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Target Hospitality Announces Fourth Quarter and Full Year 2020 Results and Provides Full Year 2021 Financial Outlook

March 30, 2021 6:45 AM EDT

THE WOODLANDS, Texas, March 30, 2021 /PRNewswire/ -- Target Hospitality Corp. ("Target Hospitality", "Target" or the "Company") (NASDAQ: TH), the largest provider of vertically-integrated specialty hospitality accommodations with premium food management and value-added hospitality services in the U.S., today reported results for the fourth quarter and year ended December 31, 2020.

Financial and Operational Highlights for the Year Ended 2020

Revenue of $225.1 million for the year ended December 31, 2020 as compared to $321.1 million for the same period in 2019 Net loss of $27.5 million for the year ended December 31,... More