Target Hospitality Corp. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was USD 41.49 million compared to USD 54.78 million a year ago. Revenue was USD 126.22 million compared to USD 152.44 million a year ago. Net income was USD 37.84 million compared to USD 31.57 million a year ago. Basic earnings per share from continuing operations was USD 0.37 compared to USD 0.32 a year ago. Diluted earnings per share from continuing operations was USD 0.29 compared to USD 0.31 a year ago.

For the full year, the company reported sales was USD 197.98 million compared to USD 168.28 million a year ago. Revenue was USD 563.61 million compared to USD 501.99 million a year ago. Net income was USD 173.7 million compared to USD 73.94 million a year ago. Basic earnings per share from continuing operations was USD 1.71 compared to USD 0.76 a year ago. Diluted earnings per share from continuing operations was USD 1.56 compared to USD 0.74 a year ago.