NEW YORK, Oct. 16, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of RCI Hospitality Holdings, Inc. (NASDAQ: RICK). Shareholders who purchased shares of RICK during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/rci-hospitality-holdings-inc-loss-submission-form/?id=172064&from=3 ...

, /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of RCI Hospitality Holdings, Inc. (NASDAQ: RICK). Shareholders who purchased shares of RICK during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/rci-hospitality-holdings-inc-loss-submission-form/? id=171650&from=4Â CLASS PERIOD: December ...

, /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of RCI Hospitality Holdings, Inc. (NASDAQ: RICK). Shareholders who purchased shares of RICK during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/rci-hospitality-holdings-inc-loss-submission-form/? id=170987&from=4Â CLASS PERIOD: December ...

Shares of Richardson Electronics, Ltd. (NASDAQ:RELL) rose sharply in pre-market trading after the company reported better-than-expected first-quarter financial results.Richardson Electronics reported quarterly earnings of 13 cents per share which beat the analyst consensus estimate of 1 cent per share. The company reported quarterly sales of $54.607 million which beat the analyst consensus estimate of $51.510 million.Richardson Electronics shares jumped 20.2% to $12.76 in the pre-market trading session.Here ...

ATLANTA, Sept. 16, 2025 (GLOBE NEWSWIRE) -- Holzer & Holzer, LLC is investigating whether RCI Hospitality Holdings, Inc. (“RCI” or the “Company”) (NASDAQ: RICK) complied with federal securities laws. On September 16, 2025, New York’s Office of the Attorney General announced the indictment of certain top executives of RCI, alleging that its investigation “revealed that RCI executives bribed an auditor with the New York Department of Taxation and Finance (DTF) to avoid paying over $8 million in sales taxes to ...

Summary of Target Hospitality (TH) FY Conference Call - May 07, 2025 Company Overview - **Company**: Target Hospitality - **Industry**: Hospitality and Facility Services, Government Contracts - **Key Segments**: Hospitality and Facility Services (HFS), Government, Workforce Hospitality Solutions [4][5][8] Core Business Insights - **Service Offerings**: Target Hospitality provides full-service turnkey construction and hospitality services, primarily in remote locations. The company utilizes mobile modular units, allowing for flexibility in asset relocation to meet customer demand [4][5]. - **Customer Base**: The HFS segment serves energy end-market customers, with many relationships lasting over a decade, providing stability and visibility into cash flows [5][12]. - **Government Contracts**: The company has been involved in government contracts since 2014, with a notable facility in Dilly, Texas, which was recently reactivated after a temporary termination [6][7][18]. Contract Structures and Revenue Visibility - **HFS Segment**: Contracts are primarily master service agreements based on utilization and contracted rates, with a renewal rate exceeding 90% since 2015 [12][13]. - **Government Segment**: Historically based on fixed minimum revenue amounts, providing high visibility into cash flows and revenues [14]. - **New Segment**: The Workforce Hospitality Solutions segment, driven by a $140 million contract with Lithium Americas, includes both construction and operational components, with expected revenues significantly above minimum commitments [15][27][31]. Recent Developments and Future Opportunities - **Government Segment Dynamics**: The government segment has seen fluctuations, with a focus on reactivating previously utilized assets to meet current immigration policy needs [22][25]. - **Workforce Housing Opportunities**: Target is exploring workforce housing for technology and data center build-outs, with potential contracts ranging from a few hundred to a thousand beds [34][36]. - **Lithium Americas Contract**: Expected to generate $140 million through 2027, with significant construction-related revenue anticipated in 2025 [27][31]. Financial Performance and Outlook - **CapEx and Free Cash Flow**: The company expects to remain free cash flow positive, with CapEx projected to be slightly below the previous year, focusing on growth and maintenance [50][52]. - **Balance Sheet Strength**: Target has paid off its senior notes, resulting in a virtually debt-free status, with an ABL facility of $175 million for working capital needs [53]. Margin Profiles - **HFS Segment**: Average gross margin around 30%, with stable operational activity expected [40][60]. - **Government Segment**: Higher margin profile, generally exceeding 40%, influenced by occupancy levels [60]. - **New Contracts**: The operational component of the Lithium Americas contract is expected to have margins similar to the HFS segment, around 30% [31][60]. Strategic Focus - **Growth Strategy**: Target is focused on organic growth, diversifying its customer base, and exploring inorganic growth opportunities through M&A [44][46][59]. - **Leadership Stability**: The leadership team is committed to growth through 2027, with a focus on reactivating assets and expanding into new sectors [45][46]. Conclusion Target Hospitality is positioned for growth with a strong focus on government contracts and new opportunities in workforce housing. The company maintains a solid financial position and is strategically diversifying its offerings while leveraging its unique asset base to respond to market demands.