THE WOODLANDS, Texas, May 21, 2025 /PRNewswire/ -- Target Hospitality Corp. ("Target Hospitality", "Target" or the "Company") (Nasdaq: TH), one of North America's largest providers of vertically integrated modular accommodations and value-added hospitality services, today announced it has been awarded a seat on a multi-year, $4.0 Billion, Emergency Detention and Related Services Strategic Sourcing Vehicle ("SSV").The SSV establishes the contracting vehicle necessary to support the Department of Homeland Sec ...

Core Insights - Target Hospitality Corp reported a significant decline in revenue and net income for the first quarter of 2025 compared to the same period in 2024, indicating challenges in the business environment [5][6][7]. Financial and Operational Highlights - Revenue for the three months ended March 31, 2025, was $69.9 million, down from $106.7 million in the same period in 2024, representing a decrease of approximately 34.5% [5][6]. - Net loss for the same period was $6.5 million, compared to a net income of $20.4 million in the prior year [6][7]. - Adjusted EBITDA was $21.6 million, down from $53.7 million year-over-year, reflecting a decline of about 59.8% [6][7]. - Average utilized beds decreased to 9,898 from 14,049, resulting in a utilization rate of 60%, down from 87% [5][6]. Executive Commentary - The CEO emphasized the company's strong fundamentals and ongoing momentum in executing recent contract wins, particularly highlighting the Workforce Hub Contract and the reactivation of assets in Dilley, Texas [3][4]. - The company aims to diversify its contract portfolio and business mix to ensure consistent results across various business cycles [4]. Strategic Developments - The company redeemed all outstanding 10.75% Senior Secured Notes due 2025, maintaining financial flexibility and expecting annual interest expense savings of approximately $19.5 million [7][10]. - Target Hospitality has approximately $169 million in total available liquidity and a net leverage ratio of 0.1x as of March 31, 2025 [11]. Contract Awards and Growth Initiatives - The company secured a multi-year Workforce Hub Contract expected to generate approximately $140 million in revenue through 2027, supporting a critical mineral supply chain in North America [7][14]. - A 5-year $246 million contract was awarded for the Dilley Contract, effective March 5, 2025, aimed at supporting U.S. government initiatives [7][15]. Segment Performance - The government segment experienced revenue declines primarily due to the termination of the Pecos Children's Center Contract and the South Texas Family Residential Center Contract, although these were partially offset by the Dilley Contract [8][20]. - The Hospitality & Facilities Services - South segment reported revenue of $36.1 million, slightly down from $36.9 million in the previous year, with an increase in average utilized beds [21][22]. - The "All Other" segment, which includes the Workforce Hospitality Solutions, saw revenue increase to $8.1 million from $2.1 million, driven by the Workforce Hub Contract [23][24]. Outlook - The company reiterated its 2025 outlook, projecting total revenue between $265 million and $285 million and Adjusted EBITDA between $47 million and $57 million [18][17].

夜宿方面，截至目前，全市限上住宿业共340家。其中，星级酒店51家，5星级4家，4星级32家，度假精 品酒店90家，高等级民宿12家（获评国家乙级民宿1家、省银山级民宿9家）。推动4个品牌酒店项目纳 入"全省服务业拟招重大项目一张表"。 夜体方面，积极鼓励支持全市健身房、篮球馆、羽毛球馆等体育场馆延长营业时间至晚上10点左右，部 分室外篮球场24小时运营，满足大多数夜间锻炼人群的需求。全市夜间开放体育场馆、运动设施超过 夜购为第二大业态，占比约32%。着力培育打造夜间消费商圈、街区，初步构建"5+10+25"的城市夜间 消费空间布局。目前，已累计获批5个省级城市商圈、5条省级商业步行街、4个省级夜间美食街区和10 个省级夜间消费聚集区。银联监测数据，今年"五一"假期，贵阳夜间消费总额达17.66亿元，消费人次 达317.20万，同比分别增长2.71%、5.32%。 夜游方面，青岩古镇、青云路步行街已获评国家级夜间文旅消费集聚区。组织天河潭、黔灵山、甲秀 楼、四季贵州、天籁九州等重点景区持续推出夜游项目，成为来筑游客夜游的重要目的地。据统计，今 年"五一"期间，青云路、花溪十字街、太平路分别接待78.36万、3 ...

Core Viewpoint - Prosafe SE is preparing for its Annual General Meeting scheduled for 21 May 2025, with relevant documents now available on its website [1] Company Information - Prosafe SE is a leading owner and operator of semi-submersible accommodation vessels [1] - The Company is listed on the Oslo Stock Exchange under the ticker code PRS [1] Contact Information - For further inquiries, the CEO Terje Askvig and CFO Reese McNeel can be contacted via provided phone numbers [2]

在悉尼和墨尔本等留学热门城市,住宿市场非常竞争激烈,好的公寓房源总是很快就被抢光。尤其是在学 期开始前,最热门的学生公寓常常是"先到先得"。Iglu学生公寓现在已经开启了2025年第二学期的住宿预 订,这意味着,越早申请,越能选择到理想的房型,价格也更具优势。 想要住在市中心的优质地段吗?Iglu Central Park 和 Iglu Melbourne Central,这两家坐落在悉尼和墨尔本 CBD地带的公寓,都是留学生们的热门选择。它们的地理位置非常优越,步行即可到达墨尔本大学、悉尼 大学等知名学府,还能轻松前往商场、餐厅和娱乐区,享受繁华都市的便利生活。如果你想抢占这些热门 地段的房源,赶紧申请,越早预订,选择越多,价格越优惠! 二、多样房型,满足不同住宿需求 无论你是喜欢安静独立的单人间,还是希望和朋友共享生活空间,Iglu公寓都能提供丰富的房型选择。每 个公寓都提供单人间房型,适合需要私密空间的留学生;而合租房型则为预算有限的同学提供了高性价比 的选择。你将拥有独立卧室和卫浴,公用厨房和客厅区域,确保你既能享受独立的生活空间,又不失与室友 互动的机会。 准备开始你在澳洲的留学生活了吗?如果你计划 ...

Core Points - Target Hospitality Corp. will release its first quarter 2025 financial results on May 19, 2025, before the market opens [1] - A conference call to discuss the results is scheduled for the same day at 9:00 AM Eastern Time [1][3] - The conference call will be accessible via live webcast on the company's website [2] Company Overview - Target Hospitality is one of North America's largest providers of vertically integrated modular accommodations and value-added hospitality services [5] - The company builds, owns, and operates a customized network of communities, offering a full suite of services including food service management, concierge, laundry, logistics, security, and recreational facilities [5]

07 May 2025 – Prosafe SE will release its first quarter 2025 results on 21 May 2025. The Q1 presentation will be available on both www.newsweb.no and Prosafe’s website, www.prosafe.com. Terje Askvig, CEO, and Reese McNeel, CFO, will present the results at Pareto Securities, located at Dronning Mauds gate 3, 0115 Oslo, on 21 May 2025 at 10:00 CEST. This presentation is open to the public and will be live-streamed on Prosafe’s website.It will be possible to ask questions during the presentation by using the Q ...

THE WOODLANDS, Texas, May 6, 2025 /PRNewswire/ -- Target Hospitality Corp. ("Target Hospitality", "Target" or the "Company") (NASDAQ: TH), one of North America's largest providers of vertically integrated modular accommodations and value-added hospitality services, today announced that it will attend and present at the Oppenheimer 20th Annual Industrial Growth Conference on Wednesday, May 7, 2025.Presentation DetailsOppenheimer 20th Annual Industrial Growth ConferenceDate:    Wednesday, May 7, 2025Time:    ...

The Annual General Meeting of Prosafe SE will be held on 21 May 2025 at 08.30 a.m. CEST. The notice of the meeting, together with attendance and proxy forms are attached hereto. The Annual General Meeting will be arranged virtually through Lumi. All documents to be processed in the meeting, including a guide for online participation, are or will be made available on https://www.prosafe.com/investor-information/corporate-governance/general-meetings/ Prosafe is a leading owner and operator of semi-submersib ...

Core Viewpoint - Target Hospitality Corp has entered into a five-year lease and services agreement with CoreCivic to reactivate operations at the Dilley Facility in Texas, which will support up to 2,400 individuals and is expected to generate over $246 million in revenue over its term [1][4][3] Company Overview - Target Hospitality is one of North America's largest providers of vertically integrated modular accommodations and value-added hospitality services, offering a range of solutions including food service management, concierge, laundry, logistics, security, and recreational facilities [8] Contract Details - The Dilley Contract will maintain a similar economic structure to the previous agreement with CoreCivic, including fixed minimum revenue regardless of occupancy, with an anticipated revenue of approximately $30 million in 2025 [4][6] - The Dilley Facility previously operated from September 2014 to August 2024 as the South Texas Family Residential Center, and its reactivation will require no capital investment due to the consistency of the community layout [2][3] Strategic Importance - The reactivation of the Dilley Facility highlights Target's flexible operating model and unique capabilities, positioning the company to respond effectively to customer demand and pursue additional growth opportunities aligned with U.S. government immigration policies [5][6] - The Dilley Contract is supported by an amended intergovernmental services agreement with U.S. Immigration and Customs Enforcement, subject to annual appropriations and potential cancellation with 60 days' notice [7]