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Target Hospitality Announces First Quarter 2021 Results and Raises Full Year 2021 Financial Outlook


Target Hospitality Announces First Quarter 2021 Results and Raises Full Year 2021 Financial Outlook
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THE WOODLANDS, Texas, May 24, 2021 /PRNewswire/ Target Hospitality Corp. ( Target Hospitality , Target or the Company ) (NASDAQ: TH), the largest provider of vertically-integrated specialty hospitality accommodations with premium food management and value-added hospitality services in the U.S., today reported results for the three months ended March 31, 2021.
Financial and Operational Highlights for the First Quarter 2021
Revenue of $45.5 million for the three months ended March 31, 2021 as compared to $71.7 million for the same period in 2020
Net loss of $13.1 million for the three months ended March 31, 2021, compared to net income of $5.5 million for first quarter 2020 ....

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UK records strongest opening quarter IPO performance in 14 years


UK records strongest opening quarter IPO performance in 14 years
UK listings got off to a strong start this year, with more funds raised in the opening quarter of 2021 than in any other opening quarter since 2007.
The first quarter of 2021 also marked the most funds raised in a single quarter since 2014, according to new research from EY.
Both the main market and Alternative Investment Market (AIM) have built on the resurgence of activity seen in the second half of 2020 with 12 IPOs raising £5.2bn on the main market and eight IPOs raising £441m on the AIM.
The total funds raised during the quarter were more than half of the total £9.4bn raised in the whole of 2020. ....

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