secwatch.observer — SEC 8-K summary
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Issuer:     Target Hospitality Corp. (TH)
CIK:        0001712189
Form:       8-K
Filed at:   2025-03-26T23:59:59+00:00
Accession:  0001558370-25-003646
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Target Hospitality 2024: Revenue $386M, net income $71.4M, zero net debt, two large contract wins
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- Revenue $386.3M, net income $71.4M, diluted EPS $0.70 for FY2024.
- Adjusted EBITDA $196.7M, operating cash flow $152M, discretionary cash flow $131M.
- Zero net debt, $366M liquidity, net leverage 0.0x as of Dec 31, 2024.
- Redeemed all outstanding 10.75% Senior Notes due 2025 on March 25, 2025.
- Awarded $140M Workforce Hub Contract through 2027 and $246M Dilley Contract over 5 years.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1712189/000155837025003646/0001558370-25-003646-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1712189/000155837025003646/th-20250326x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-25-003646

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer