Telos

Telos Corp. engages in the design and provision of advanced technologies to deliver solutions that empower and protect the demanding enterprises. Its solutions include cyber security, cyber risk management and compliance, secure mobility, identity management, and information technology and enterprise solutions. The company was founded in October 1971 and is headquartered in Ashburn, VA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Telos reports Q4 revenue of $47.3M, outlines plans for 2023 growth

Telos Corporation faces challenges in revenue contraction post-IPO but is taking proactive steps to address operational issues and rebuild its revenue base.
With a focus on strategic partnerships, market awareness, and new business wins, Telos aims to enhance its capabilities and drive growth in 2023.
Despite forecasting a sales range for 2023 with an EBITDA loss, Telos remains committed to executing its growth strategy and maximizing opportunities for improvement.

Telos reports Q1 revenue growth, focuses on rebuilding for future

Telos Corporation's Q1 performance showed resilience with revenue of $35.2 million and an expanded gross margin despite challenges.
The company's focus on rebuilding backlog and core revenue base, along with a strong balance sheet, positions it for future growth.
While facing revenue declines and financial challenges, Telos remains committed to its mission and sustainable growth strategies.

Telos surpasses Q2 expectations, raises full-year guidance for growth

Telos Corporation exceeded Q2 expectations, raised full-year guidance, and aims to improve performance through strategic investments and business development.
Strengths include high renewal rates, new contracts, and progress in key programs, while challenges lie in managing EBITDA losses and modest revenue expectations.
Opportunities exist in rebuilding backlog, enhancing operational efficiency, and capitalizing on potential margins for future growth and profitability.

Telos surpasses Q3 expectations, eyes $200M revenue in 2024

Telos Corporation delivered strong financial performance in Q3 2023, exceeding key metrics and achieving positive cash flow from operations.
The company's strategic initiatives, like the TSA PreCheck program and contract wins, highlight its operational strength and growth potential.
Despite challenges such as EBITDA losses, Telos raised full-year guidance and expressed confidence in future revenue growth opportunities, positioning itself for continued success.

Telos surpasses Q4 revenue expectations, eyes growth opportunities ahead

Telos Corporation delivered strong financial performance in Q4, exceeding revenue expectations and showcasing positive free cash flow.
Despite challenges faced in 2023, Telos made progress in streamlining operations, winning new business, and addressing revenue declines.
Looking ahead, Telos anticipates revenue growth opportunities from new business wins and the completion of TSA PreCheck enrollment center rollout.

Telos exceeds revenue targets in Q1 2024, faces profitability challenges

Telos Corporation delivered strong revenue performance but faced challenges with profitability in Q1 2024. The company's focus on securing new contracts and renewals presents growth opportunities, despite projected EBITDA losses in the near term.
Analyst questions highlighted areas of concern such as protest timelines and revenue projections, signaling the need for Telos to address operational efficiency and revenue management.
Overall, Telos' performance in Q1 2024 reflects a mix of strengths, challenges, and opportunities that will shape its strategic direction and financial outcomes in the coming quarters.

Telos exceeds Q2 revenue expectations amidst protest challenges and growth focus

Telos Corporation delivered a strong Q2 2024 performance, surpassing revenue guidance driven by Security Solutions and Secure Networks. Despite challenges from ongoing protests impacting third-quarter guidance, the company remains focused on growth opportunities in core business areas and TSA PreCheck expansion.
Analysts' inquiries into protested opportunities, TSA PreCheck market share, and revenue mechanics underscore Telos's commitment to transparency and stakeholder engagement. Navigating challenges posed by protests while capitalizing on growth opportunities positions Telos for future success.
Telos's ability to address challenges, leverage growth opportunities, and engage effectively with analysts highlights its resilience and strategic focus. By providing detailed insights and maintaining transparency, Telos can enhance investor confidence and drive sustainable growth in the long term.

Telos Corporation exceeds revenue guidance, anticipates growth in key sectors

Telos Corporation delivered strong revenue performance in Q3 2024, driven by Security Solutions and operational improvements despite challenges in cost structure.
The company showcased resilience and progress in key programs, with a positive outlook for sequential revenue growth and future revenue drivers in 2025.
While facing challenges in cost management and achieving profitability, Telos remains focused on leveraging opportunities for growth and market expansion.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Following the launch of Telos CyberProtect Partner Program, cybersecurity leader increases solutions portfolio access to U.S. SLED market through partnership with government solutions aggregator Following the launch of Telos CyberProtect Partner Program, cybersecurity leader increases solutions portfolio access to U.S. SLED market through partnership with government solutions aggregator

Telos Corporation Expands U.S. Public Sector Market Reach Through DLT Solutions' Contract Vehicles

Cybersecurity leader to build on longstanding NGA relationship with additional Xacta support Cybersecurity leader to build on longstanding NGA relationship with additional Xacta support

Telos Corporation Awarded Additional $3.1M Contract with National Geospatial-Intelligence Agency

ASHBURN, Va., Nov. 01, 2021 (GLOBE NEWSWIRE) -- Telos ® Corporation (NASDAQ: TLS), a leading provider of cyber, cloud and enterprise security solutions for the world's most security-conscious organizations, today announced that it will report third quarter 2021 financial results before the market open on Monday, November 15, 2021. Management will host a conference call and webcast to discuss the Company's financial results, recent developments and business outlook at 8:00 a.m. ET.

Telos Corporation to Announce Third Quarter 2021 Financial Results on November 15, 2021

Cybersecurity leader to provide assessment and authorization for SCI and ISR networks and weapons platforms Cybersecurity leader to provide assessment and authorization for SCI and ISR networks and weapons platforms

Telos Corporation Awarded $19.4M Task Order by the U.S. Air Force

FASTTR initiative enhances stackArmor's ThreatAlert by building on market-leading Telos' Xacta for security compliance documentation and Splunk for security information and event management FASTTR initiative enhances stackArmor's ThreatAlert by building on market-leading Telos' Xacta for security compliance documentation and Splunk for security information and event management

Authority to Operate on AWS Brings Splunk, Telos Corporation and stackArmor Together to Create a Simple and Fast Way to Help Achieve Compliance

ASHBURN, Va., Sept. 22, 2021 (GLOBE NEWSWIRE) -- Telos ® Corporation (NASDAQ: TLS), a leading provider of cyber, cloud and enterprise security solutions for the world's most security-conscious organizations, today announced that Telos Secure Networks - Core Solutions has achieved Capability Maturity Model Integration Development V2.0 Maturity Level 3. The Capability Maturity Model Integration (CMMI)® is a proven set of global best practices that drives business performance through building and benchmarking key capabilities.

Telos Corporation Achieves CMMI DEV V2.0 Maturity Level 3

Cybersecurity leader's aviation channeling service experiences consistent growth, with renewals at marquis customers Cybersecurity leader's aviation channeling service experiences consistent growth, with renewals at marquis customers

Telos Corporation Accelerates Growth at Major U.S. Airports

ASHBURN, Va., Aug. 17, 2021 (GLOBE NEWSWIRE) -- Telos ® Corporation (NASDAQ: TLS), a leading provider of cyber, cloud and enterprise security solutions for the world's most security-conscious organizations, today announced that John B. Wood, CEO and Mark Bendza, CFO will present and host one-on-one investor meetings at the following investor conferences:

Telos Corporation to Present at Upcoming Investor Conferences

Telos Corporation (TLS) CEO John Wood on Q2 2021 Results - Earnings Call Transcript

ASHBURN, Va., Aug. 16, 2021 (GLOBE NEWSWIRE) -- Telos® Corporation (NASDAQ: TLS), a leading provider of cyber, cloud and enterprise security solutions for the world's most security-conscious organizations, today announced financial results for the second quarter 2021.

Telos Corporation Reports Strong Second Quarter Results Driven by Growth in Xacta, Telos Ghost and Secure Networks; Delivers Gross Margin Expansion and Positive Cash Flow; Reaffirms Full Year Guidance

New capabilities in Xacta 360 1.7 support machine-readable data exchange for OSCAL for FedRAMP and other standards. New capabilities in Xacta 360 1.7 support machine-readable data exchange for OSCAL for FedRAMP and other standards.

Next Generation of Telos' Cyber Risk Management Platform Streamlines Security Data Sharing for Faster Compliance Reporting and Approval

Telos Corp (NASDAQ: TLS) acquired the assets of Diamond Fortress Technologies (DFT) for undisclosed financial terms. The acquisition includes all patents and will integrate the ONYX touchless fingerprinting software with Telos' IDTrust360 platform.

Telos Acquires Diamond Fortress Technologies' Assets For Undisclosed Terms To Expand Into Touchless Fingerprinting

Acquisition enables Telos' IDTrust360 to streamline identity and background check processes for organizations and consumers Acquisition enables Telos' IDTrust360 to streamline identity and background check processes for organizations and consumers

Telos Corporation Expands Into Touchless Fingerprinting Capability with Acquisition of Diamond Fortress Technologies

Okta

Palantir Technologies

The Biden administration is pushing for cybersecurity infrastructure upgrades after recent attacks. Can these stocks ride the secular growth tailwinds and boost your portfolio?

The Top 3 Cybersecurity Stocks to Buy in August

Mark Bendza, accomplished corporate finance executive, to serve as CFO of leading cybersecurity company Mark Bendza, accomplished corporate finance executive, to serve as CFO of leading cybersecurity company

Telos Corporation Appoints New Chief Financial Officer

Xacta.io 1.6.1 expands support for multi-regulatory compliance Xacta.io 1.6.1 expands support for multi-regulatory compliance

Next Generation of Telos' Cyber Risk Management Platform Alleviates Audit Fatigue via Automated Control Mapping

Cybersecurity strategy, assessment and implementation leader to help prepare the Defense Supply Chain for CMMC Cybersecurity strategy, assessment and implementation leader to help prepare the Defense Supply Chain for CMMC

Telos Corporation Authorized as CMMC-AB Registered Provider Organization™ (RPO)

Cybersecurity leader receives award based on employee engagement and satisfaction Cybersecurity leader receives award based on employee engagement and satisfaction

Telos Corporation Named a 2021 Top Workplace by The Washington Post

ASHBURN, Va., June 16, 2021 (GLOBE NEWSWIRE) -- Telos® Corporation (NASDAQ: TLS), a leading provider of cyber, cloud and enterprise security solutions for the world's most security-conscious organizations, today announced that John B. Wood, CEO and Michele Nakazawa, CFO will present at the Northland Capital Markets SMB and Travel Conference on June 23, 2021.

Telos Corporation to Present at Northland Capital Markets SMB and Travel Conference on June 23, 2021

Security leader recognized for its innovative virtual obfuscation network Security leader recognized for its innovative virtual obfuscation network

Telos Corporation Wins 2021 Fortress Cyber Security Award

DLT Solutions and Presidio Government Solutions among program's launch partners DLT Solutions and Presidio Government Solutions among program's launch partners

Telos Corporation Expands Market Reach with the Telos CyberProtect Partner Program

Investors weren't happy with the company's first-quarter results.

Why Telos Stock Fell Today

Telos' (TLS) CEO John Wood on Q1 2021 Results - Earnings Call Transcript

The global cybersecurity market is valued at $153.16 billion in 2020 and it is expected to be valued at $366.10 billion in 2028 at a CAGR of 12%. Throughout 2020, malware and ransomware attacks increased by more than a third (e.g., Colonial Pipeline is the latest example of a ransomware attack).

Telos: A Big Opportunity In A Big Market

Cybersecurity leader to provide support of Yongsan Relocation Plan and Land Partnership Plan Cybersecurity leader to provide support of Yongsan Relocation Plan and Land Partnership Plan

News for Telos Stock (TLS)