Target Hospitality Provides Revised 2024 Outlook and Business Update Supported by Strength of Financial Position
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Target Hospitality Corp. (TH)
Last target hospitality corp. earnings: 3/11 04:15 pm
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Source: PR Newswire
THE WOODLANDS, Texas, June 27, 2024 /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 provided the following revised 2024 outlook and business update. As previously announced, on June 10, 2024, the Company received notice that the U.S. government intends to terminate the South Texas Family Residential Center contract ("STFRC Contract"), effective in 60 days, or on or about August 9, 2024 ("Effective Date"). The STFRC Contract was based on a fixed minimum lease revenue commitment and for the year ended December 31, 2023, contributed approximately $55.9 million in total consolidated revenue. Regarding Target's Pecos Children's Center ("PCC") community, since 2021, the PCC community has served as a cornerstone to the U.S. government's domestic humanitarian aid mission and the Company anticipates a n
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TH
News
- Glancy Prongay & Murray LLP Announces Investigation of Target Hospitality Corp. (TH) (f/k/a Platinum Eagle Acquisition Corp)Business Wire
- Affected Shareholders Are Encouraged To Reach Out To The Schall Law Firm That Is Probing Claims Against Target Hospitality CorpAccesswire
- Bronstein, Gewirtz and Grossman, LLC sends a Class Action Lawsuit reminder to shareholder investors for Target Hospitality Corp. to Lead the Class Action Lawsuit!”Accesswire
- Impacted Shareholders Are Urged To Make Contact With The Schall Law Firm Which Is Investigating Allegations Against Target Hospitality CorpAccesswire
- TH Announcement: Bronstein, Gewirtz and Grossman, LLC Announces Investor Class Action Lawsuit Filed Against Hospitality Corp. for Securities Fraud”Accesswire
TH
Earnings
- 5/8/24 - Beat
TH
Sec Filings
- 6/27/24 - Form 8-K
- 6/11/24 - Form 8-K
- 5/28/24 - Form 4
- TH's page on the SEC website