TH - Target Hospitality EPS misses by $0.05 beats on revenue

Target Hospitality (TH): Q1 GAAP EPS of -$0.14 misses by $0.05.Revenue of $45.49M (-36.5% Y/Y) beats by $4.24M.CEO comment: "The continued momentum in customer activity and demand provides confidence in the cadence for the rest of 2021 and into 2022. Additionally, the new partnership within our Government Services segment is off to a strong start and demonstrates Target's rapid operational flexibility and scale.  As the economic outlook continues to improve, we anticipate this momentum to continue, which will provide the backdrop for meaningful near-term debt reduction and further strengthening of Target's financial position through the balance of 2021 and into next year."Press Release

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Target Hospitality EPS misses by $0.05, beats on revenue