Target Hospitality (TH) Tops Q3 EPS by 5c, Offers Guidance
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Target Hospitality Delivers Exceptional Third Quarter 2021 Results Driven by Significant Cash Flows and Strengthening Customer Demand Led by Government Contracts
November 12, 2021 6:45 AM ESTTHE WOODLANDS, Texas, Nov. 12, 2021 /PRNewswire/ -- Target Hospitality Corp. ("Target Hospitality", "Target" or the "Company") (NASDAQ: TH), North America's largest provider of vertically-integrated modular accommodations and value-added hospitality services, today reported results for the three months ended September 30, 2021.
Financial and Operational Highlights for the Third Quarter 2021
Revenue increased to $89.2 million for the three months ended September 30, 2021, an increase of 85% year-over-year Net income increased to $6.7 million for the three months ended September 30, 2021, an increase of $14.3 million year-over-year Basic and diluted earnings per share of $0.07 for the three... More