THE WOODLANDS, Texas (AP) 鈥� THE WOODLANDS, Texas (AP) 鈥� Target Hospitality Corp. (TH) on Monday reported a loss of $9 million in its second quarter.
The The Woodlands, Texas-based company said it had a loss of 9 cents per share.
The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 10 cents per share.
The company posted revenue of $85.5 million in the period, which also topped Street forecasts. Four analysts surveyed by Zacks expected $79.3 million.
Target Hospitality expects full-year revenue in the range of $410 million to $420 million.
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