The Latest Breaking News from Telos Corp

Telos Registers 10% Revenue Decline In Q1; Reaffirms FY22 Guidance

Telos Corp (NASDAQ:TLS) reported a first-quarter FY22 revenue decline of 10% year-on-year to $50.2 million. Services revenue declined 7.6% Y/Y to $48.1 million. The gross margin expanded by 1,160 bps to 37.6%. Adjusted EPS loss was $(0.01). Telos generated $0.25 million in operating cash flow in the quarter and held $120.2 million in…

Benzinga · May 10, 2022

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 · Mar 16, 2022