Target Hospitality Announces Second Quarter 2019 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/20/2026
- US stock futures steady after tech slump; investors focus on Middle East tensions
- U.S. Treasury doubles buyback operation size for long-dated bonds
- Marvell shares jump after giving Google warrants amid custom chip deal
- U.S. debt tops $40 trillion
- Nvidia credit risk gauge hits new peak as SoftBank readies record bond issue
- Marvell issues Google warrant tied to custom chip deal
- FOMC minutes from July 28-29th meeting
- US stock futures steady after tech slump; investors focus on Middle East tensions
- Lowe's Cos. (LOW) Tops Q2 EPS by 17c, Misses on Revenue; Offers Fy27 Guidance
- Marvell shares jump after giving Google warrants amid custom chip deal
Target Hospitality (TH) Misses Q2 EPS by 2c, Revenues Miss; Affirms FY19 Revenue Mid-Point Guidance Below Cosnensus
August 13, 2019 4:07 PM EDTTarget Hospitality (NASDAQ: TH) reported Q2 EPS of $0.13, $0.02 worse than the analyst estimate of $0.15. Revenue for the quarter came in at $81.4 million versus the consensus estimate of $83.21 million.
Financial and Operational Highlights for the Second Quarter 2019
79% increase in total revenues to $81.4 million, led by growth in the Permian Basin139% increase in Net income to $10.6 million, or $0.11 per diluted share92% increase in Adjusted net income(1) to $12.8 million, or $0.13 per diluted share excluding after-tax charges and (credits) of $2.2 million80% increase in Adjusted EBITDA(1) to $41.2 million, with Adjusted EBITDA margin(1) of... More