{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-24-011198","form_type":"8-K","ticker":"TH","cik":"0001712189","company_name":"Target Hospitality Corp.","filed_at":"2024-08-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:14.223229+00:00","generated_at":"2026-05-31T11:49:39.461562+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Target Hospitality Q2 net income $18.4M, revenue $100.7M, down YoY; reiterates 2024 outlook","bullets":["Revenue $100.7M, down 30% YoY from $143.6M; net income $18.4M ($0.18 EPS) vs $46.5M ($0.46).","Adjusted EBITDA $52.2M, down 43% from $90.9M; utilization 89% vs 91% in prior year quarter.","Cash and equivalents $154M; total liquidity ~$329M; net leverage 0.1x; no borrowings on $175M credit facility.","Company reiterates FY 2024 outlook: revenue $375-385M, adjusted EBITDA $184-190M, zero net debt by year end.","Special committee continues review of TDR Capital proposal at $10.80/share; no decision reached; STFRC contract termination effective Aug 9."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-24-011198","json":"https://secwatch.observer/filing/0001558370-24-011198.json","markdown":"https://secwatch.observer/filing/0001558370-24-011198.md","text":"https://secwatch.observer/filing/0001558370-24-011198.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1712189/000155837024011198/0001558370-24-011198-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1712189/000155837024011198/th-20240807x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T11:49:39.461562+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}