Why Are Telos Shares Trading Lower Today
Telos Corp (NASDAQ:TLS) reported fourth-quarter FY21 revenue growth of 43% year-on-year to $64.1 million. Security Solutions grew by 37% Y/Y, and Secure Networks rose by 49% Y/Y. The gross margin expanded 196 bps to 37.7%. Adjusted EPS was $0.11 versus $(0.08) last year. Telos used $2.4 million in operating cash flow in the…
Benzinga ·
Benzinga
