Target Hospitality (TH) Tops Q4 EPS by 3c, Offers Guidance

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Target Hospitality Announces Impressive 2021 Results Driven by Strong Government Services Demand and Continued Strengthening Business Fundamentals

March 10, 2022 6:45 AM EST

THE WOODLANDS, Texas, March 10, 2022 /PRNewswire/ -- Target Hospitality Corp. ("Target Hospitality", "Target" or the "Company") (NASDAQ: TH), one of North America's largest providers of vertically-integrated modular accommodations and value-added hospitality services, today reported results for the fourth quarter and year ended December 31, 2021.

Financial and Operational Highlights for the Year Ended 2021

Revenue of $291.3 million for the year ended December 31, 2021, an increase of 29% year-over-year Net loss of $4.6 million for the year ended December 31, 2021, compared to net loss of $25.1 million for the same period in 2020 Basic and... More