TH - Target Hospitality GAAP EPS of $0.31 misses by $0.08 revenue of $152.44M beats by $4.17M
2023-03-10 06:49:32 ET
- Target Hospitality press release ( NASDAQ: TH ): Q4 GAAP EPS of $0.31 misses by $0.08 .
- Revenue of $152.44M (+86.6% Y/Y) beats by $4.17M .
- Adjusted EBITDA was $90.8 million
- Average utilized beds increased to 14,207 for the three months ended December 31, 2022.
- 2023 Outlook:
- Total minimum revenue of $525 million (excluding variable service revenue)
- Total maximum revenue of $710 million (including variable service revenue)
- Minimum Adjusted EBITDA (1) of $365 million
- Zero net debt by second half of 2023
For further details see:
Target Hospitality GAAP EPS of $0.31 misses by $0.08, revenue of $152.44M beats by $4.17M