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

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

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