Target Hospitality (TH) reported Monday its Q1 loss widened to $0.13 per diluted share, from a loss of $0.07 a year earlier.

Two analysts polled by FactSet expected a loss of $0.11.

Revenue for the quarter ended March 31 was $72.8 million, up from $69.9 million a year earlier.

Four analysts surveyed by FactSet expected $73.2 million

The company said it expects full-year 2026 revenue of $370 million to $380 million.

Four analysts surveyed by FactSet expect $365.6 million

Target Hospitality shares were 11% higher in premarket trading.