Target Hospitality (TH) Misses Q3 EPS, Announces $100M Stock Buyback
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Target Hospitality Reports Record Third Quarter 2022 Results, Announces Exclusive 11-year Partnership and Authorizes up to $100 million Stock Repurchase Program
November 9, 2022 6:45 AM ESTTHE WOODLANDS, Texas, Nov. 9, 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 three months ended September 30, 2022.
Financial and Operational Highlights for the Third Quarter 2022
Record quarterly revenue of $159.6 million for the three months ended September 30, 2022, an increase of 79% from the same period in 2021Net income of $19.0 million for the three months... More