Target Hospitality Corp - Ordinary Shares - Class A

NASDAQ:TH  
14.94
+0.53 (+3.68%)
5:35:01 PM EDT: $14.94 0.00 (0.00%)
Share Repurchases, Other Pre-Announcement

Target Hospitality Reports Record Third Quarter Results

Published: 11/09/2022 12:18 GMT
Target Hospitality Corp - Ordinary Shares - Class A (TH) - Target Hospitality Reports Record Third Quarter 2022 Results, Announces Exclusive 11-year Partnership and Authorizes Up to $100 Million Stock Repurchase Program.
Qtrly Revenue of $159.6 Million, an Increase of 79%.
Qtrly EPS $0.20.
Authorized Up to $100 Million Stock Repurchase Plan.
Sees FY Total Revenue Between $495 and $500 Million.
Sees Preliminary FY 2023 Total Minimum Revenue of $525 Million (excluding Variable Services Revenue).
Sees Preliminary FY 2023 Total Maximum Revenue of $710 Million (including Variable Services Revenue).
Sees Zero Net Debt by Second Half 2023.
Q3 Earnings per Share View $0.55, Revenue View $158.2 Million -- Refinitiv Ibes Data (analyst estimates).
FY2022 Revenue View $509.8 Million -- Refinitiv Ibes Data (analyst estimates).