Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.


home / news releases / TH - Target Hospitality CEO steps down provides FY21 outlook

TH - Target Hospitality CEO steps down provides FY21 outlook

Target Hospitality Corp.
Target Hospitality (NASDAQ:TH) announced that Brad Archer has decided to step down as President, CEO and board member. As part of its succession plan, the board has formed a search committee for searching a successor. Mr. Archer will continue to lead in current position and assisting with the CEO search and help onboard his successor until Dec.31, 2022. He joined the company in 2009 as COO and as served as President and CEO since 2014. FY21 Outlook: It sees revenue to be ~$290M (+29% Y/Y), and 2% above the high-end of Target's previously announced FY21 revenue outlook. Led by result of strength in demand fundamentals, it expects to to meet or exceed the high-end of its entire earlier announced 2021 financial outlook ranges. Q4/FY21 earnings are scheduled for Mar.10.

For further details see:

Target Hospitality CEO steps down, provides FY21 outlook
Stock Information
Company Name: Target Hospitality Corp.
Stock Symbol: TH
Market: NYSE
Website: targethospitality.com
Menu
TH TH Quote TH Short TH News TH Articles TH Message Board
Get TH Alerts

News, Short Squeeze, Breakout and More Instantly...