Target Hospitality Corp. (NASDAQ:TH) Q2 2023 Earnings Conference Call August 9, 2023 9:00 AM ET

Company Participants

Mark Schuck - SVP, IR & Financial Planning

Brad Archer - President and CEO

Eric Kalamaras - EVP and CFO

Conference Call Participants

Scott Schneeberger - Oppenheimer

Stephen Gengaro - Stifel

Greg Gibas - Northland Security

Operator

Hello, and welcome to the Target Hospitality Second Quarter 2023 Earnings Conference Call. All participants will be in listen-only mode. [Operator Instructions] Please note this event is being recorded.

I would like now to turn the conference over to Mark Schuck, Senior Vice President of Investor Relations & Financial Planning. Please go ahead.

Mark Schuck

Thank you. Good morning, everyone and welcome to Target Hospitality’s second quarter 2023 earnings call. The press release we issued this morning outlining our second quarter results, can be found in the Investors section of our website. In addition, a replay of this call will be archived on our website for a limited time.

Please note the cautionary language regarding forward-looking statements contained in this press release. This same language applies to statements made on today’s conference call. This call will contain time-sensitive information as well as forward-looking statements, which are only accurate as of today, May 9th, 2023. Target Hospitality expressly disclaims any obligation to update or amend the information contained in this conference call to reflect events or circumstances that may arise after today’s date, except as required by applicable law. For a complete list of risks and uncertainties that may affect future performance, please refer to Target Hospitality’s periodic filings with the SEC.

We will discuss non-GAAP financial measures on today’s call. Please refer to the tables in our earnings release posted in the Investors section of our website to find a reconciliation of non-GAAP financial measures referenced in today’s call and their corresponding GAAP measures.

Leading the call today will be Brad Archer, President and Chief Executive Officer; followed by Eric T. Kalamaras, Executive Vice President and Chief Financial Officer. After their prepared remarks we’ll open the call for questions.

I’ll now turn the call over to our Chief Executive Officer, Brad Archer.

Brad Archer

Thanks, Mark. Good morning, everyone, and thank you for joining us on the call today. Our record setting second quarter performance reflects the positive business momentum we have sustained over the past year, we have established significant operational flexibility and scale, enabling us to appropriately match customer demand while continuing to generate strong financial results.