Welcome to our dedicated page for Target Hospitality news (Ticker: TH), a resource for investors and traders seeking the latest updates and insights on Target Hospitality stock.
Target Hospitality Corp (NASDAQ: TH) delivers specialized modular accommodations and integrated hospitality services to government agencies and energy sector clients. This news hub provides investors and industry professionals with timely updates on corporate developments, operational milestones, and strategic initiatives.
Access comprehensive coverage of TH's activities across its core segments: government contract implementations in critical response scenarios, energy sector community management in the Permian and Bakken Basins, and infrastructure project support services. Our curated news collection features earnings announcements, partnership disclosures, and operational updates that impact the company's market position.
Key content categories include government services contract awards, energy sector accommodation expansions, financial performance reports, and leadership updates. The repository serves as an essential resource for tracking TH's vertically integrated business model execution and its adaptation to evolving market demands.
Bookmark this page for streamlined access to verified information about Target Hospitality's specialty rental innovations and hospitality service enhancements. Regularly updated content ensures stakeholders maintain current awareness of developments affecting this niche market leader.
Target Hospitality (NASDAQ: TH) has secured a significant multi-year lease and services agreement to support a data center campus development in the Southwestern United States. The contract, extending through September 2027, will generate $43 million in minimum committed revenue, with $5 million expected in 2025.
The Data Center Community will initially accommodate 250 individuals, with expansion potential to 1,500 individuals. Target will invest $6-9 million in 2025 for construction, utilizing existing assets to enhance economic returns. The company will provide comprehensive services including premium culinary offerings, facilities management, and support services, with first occupancy anticipated by late 2025.
Target Hospitality (NASDAQ: TH) reported Q2 2025 financial results with revenue of $61.6 million, down from $100.7 million in Q2 2024, and a net loss of $14.9 million. The company announced significant strategic progress with over $400 million in new multi-year contracts in 2025, including a $154 million Workforce Hub Contract through 2027 and a 5-year $246 million Dilley Contract supporting U.S. government initiatives.
The company maintains strong liquidity of $170 million with a net leverage ratio of 0.1x. Based on positive momentum and contract expansions, Target raised its 2025 outlook, projecting revenue between $310-320 million and Adjusted EBITDA between $50-60 million. The company is also finalizing discussions for a new multi-year contract supporting AI and data center markets.
Target Hospitality (NASDAQ: TH), a leading North American provider of modular accommodations and hospitality services, has scheduled its second quarter 2025 earnings release for Thursday, August 7, 2025, before market opening.
The company will host a conference call at 9:00 AM ET (8:00 AM CT) on the same day to discuss the results. Investors can access the call through a direct phone dial option or traditional operator-assisted lines, with a webcast available through Target Hospitality's Investors section website.
Target Hospitality (NASDAQ: TH) has secured a position on a $4.0 billion Strategic Sourcing Vehicle (SSV) contract supporting the Department of Homeland Security (DHS) and U.S. Immigration and Customs Enforcement (ICE). The SSV, which runs through May 16, 2027, is designed to expand emergency detention capabilities and related facility services in response to Executive Orders issued in January 2025.
As one of North America's largest providers of modular accommodations and hospitality services, Target Hospitality sees this award as an opportunity to directly participate in future contract awards supporting U.S. government immigration initiatives. The company plans to leverage its existing capabilities while pursuing opportunities beyond its current asset portfolio to expand its government end-market service offering.
["Secured position on a $4.0 billion government contract through May 2027", "Opens opportunities for direct participation in future U.S. government contract awards", "Potential expansion beyond existing asset portfolio", "Enhances and broadens government contract portfolio"]The company secured two major contracts: a multi-year Workforce Hub Contract worth $140 million through 2027 supporting critical mineral supply chain, and a 5-year $246 million Dilley Contract for U.S. government initiatives. Target redeemed all outstanding 10.75% Senior Notes, expecting annual interest savings of $19.5 million.
Financial position remains strong with $169 million in total available liquidity and a net leverage ratio of 0.1x. The company maintained its 2025 outlook with revenue between $265-285 million and Adjusted EBITDA between $47-57 million.
Target Hospitality (NASDAQ: TH), a leading provider of modular accommodations and hospitality services in North America, has scheduled its first quarter 2025 earnings release for Monday, May 19, 2025. The financial results will be released before market opening, followed by a conference call at 9:00 AM ET (8:00 AM CT) to discuss the results.
Investors can access the conference call through various channels, including a live webcast on Target Hospitality's website investor section. Traditional dial-in options are available with the domestic line at 1-800-836-8184. Participants are advised to join approximately 15 minutes before the scheduled start time. A replay of the conference call will be made available through the company's investor relations website.
Target Hospitality (NASDAQ: TH), a leading North American provider of modular accommodations and hospitality services, has announced its participation in the Oppenheimer 20th Annual Industrial Growth Conference on May 7, 2025. The company will present at 3:00 PM Eastern Time (2:00 PM Central Time). The presentation will be accessible via webcast through Target Hospitality's website's Investors section, with a replay available for a limited time.
Target Hospitality (NASDAQ: TH) reported its 2024 financial results, showing revenue of $386.3 million and net income of $71.4 million. The company achieved an Adjusted EBITDA of $196.7 million and generated approximately $152 million in operating cash flow.
Key financial highlights include:
- Basic and diluted earnings per share of $0.71 and $0.70
- Total available liquidity of $366 million with zero net debt
- Executed $33.4 million in stock repurchases
- Redeemed all outstanding 10.75% Senior Secured Notes
The company secured two significant contracts: a multi-year Workforce Hub Contract expected to generate $140 million through 2027, and a 5-year $246 million Dilley Contract supporting U.S. government initiatives. For 2025, Target projects revenue between $265-285 million and Adjusted EBITDA between $47-57 million.
Target Hospitality (NASDAQ: TH), a leading North American provider of modular accommodations and hospitality services, has scheduled its Fourth Quarter and Full Year 2024 earnings release for March 26, 2025, before market opening.
The company will host a conference call on the same day at 9:00 AM Eastern Time (8:00 AM Central Time) to discuss the results. Investors can access the call through direct phone dial or join via webcast through the Investors section of Target Hospitality's website. A replay of the conference call will be made available through the company's investor relations webpage.
Target Hospitality (NASDAQ: TH) subsidiary Arrow Bidco announced the redemption of all outstanding 10.75% senior secured notes due 2025, totaling $181.4 million. The redemption is scheduled for March 25, 2025, with noteholders receiving a redemption price of 101.000% of the principal amount plus accrued and unpaid interest.
Investors holding beneficial interests in the 2025 Notes should contact their bank or broker for information about obtaining the redemption payment.
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