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Stock impact report

Target Hospitality Announces Second Quarter 2019 Results

Target Hospitality Corp. (TH) 
Last target hospitality corp. earnings: 3/11 04:15 pm Check Earnings Report
Company Research Source: Business Wire
79% increase in total revenues to $81.4 million139% increase in Net income to $10.6 million80% increase in Adjusted EBITDA to $41.2 millionAnnounced additions of 943 rooms via acquisitions and expansions since the start of second quarter 2019Reaffirmed full year 2019 revenue and Adjusted EBITDA outlook, excluding new build expansions and recent acquisitions THE WOODLANDS, Texas--(BUSINESS WIRE)--Target Hospitality Corp. (“Target Hospitality” or the “Company”) (NASDAQ: TH), the largest provider of vertically-integrated specialty rental accommodations with premium catering and value-added hospitality services in the U.S., today reported results for the second quarter ended June 30, 2019.As previously announced, on March 15, 2019, Target Hospitality was formed upon the consummation of the business combination (the “Business Combination”) of Platinum Eagle Acquisition Corp. (“Platinum Eagle”), Target Logistics Management, LLC (“Target Lodging”) and RL Signor Holdings, LLC (“Signor”). I Show less Read more
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