{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-23-018117","form_type":"8-K","ticker":"TH","cik":"0001712189","company_name":"Target Hospitality Corp.","filed_at":"2023-11-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.145492+00:00","generated_at":"2026-06-08T09:48:02.542331+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Target Hospitality Q3 net income $45.6M, Adj. EBITDA $95M; wins Pecos contract","bullets":["Revenue $145.9M vs $159.6M YoY; net income $45.6M vs $19.0M; diluted EPS $0.43.","Adjusted EBITDA $95.0M (+13% YoY); DCF $153M TTM; liquidity ~$230M; net leverage 0.3x.","Expanded credit facility by $50M to $175M; exchanged 9.50% Senior Notes for 10.75% Senior Notes due 2025.","Anticipates available liquidity >$315M by year-end 2023; progress toward net-debt free.","Awarded contract for Influx Care Facility at Pecos Children's Center with existing non-profit partner."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-23-018117","json":"https://secwatch.observer/filing/0001558370-23-018117.json","markdown":"https://secwatch.observer/filing/0001558370-23-018117.md","text":"https://secwatch.observer/filing/0001558370-23-018117.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1712189/000155837023018117/0001558370-23-018117-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1712189/000155837023018117/th-20231108x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T09:48:02.542331+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2ab363b3e69c3289ca71b869a23184ae276ac64d","claim":"Target Hospitality Corp. reported the three months ended September 30, 2023 results: revenue $145.9 million, net income $45.6 million, EPS $0.45 and $0.43.","evidence_excerpt":"value-added hospitality services, today reported results for the three months ended September 30, 2023. ​ Financial and Operational Highlights ​ ● Third quarter 2023 revenue of $145.9 million compared to $159.6 million for the same period in 2022 ● Net income of $45.6 million for the three months ended September 30, 2023, compared to $19.0 million for the same period","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1712189/000155837023018117/0001558370-23-018117-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended September 30, 2023"},{"label":"Revenue","value":"$145.9 million"},{"label":"Net income","value":"$45.6 million"},{"label":"EPS","value":"$0.45 and $0.43"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}