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.

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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.

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ASHBURN, Va., Nov. 08, 2024 (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, chairman and chief executive officer, and Mark Bendza, executive vice president and chief financial officer, will host investor meetings at the following investor conferences:

Telos Corporation to Participate in Upcoming Investor Conferences

ASHBURN, Va., Oct. 29, 2024 (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 2024 financial results on Tuesday, November 12, 2024. Management will host a webcast to discuss the Company's financial results and business outlook at 10:30 a.m. ET.

Telos Corporation to Announce Third Quarter 2024 Financial Results on November 12, 2024

New enrollment locations from Office Depot and Telos offer convenient options for consumers to enroll in TSA PreCheck ahead of the holiday travel season New enrollment locations from Office Depot and Telos offer convenient options for consumers to enroll in TSA PreCheck ahead of the holiday travel season

Office Depot and Telos Corporation Surpass 160 TSA PreCheck® Enrollment Locations Nationwide

New enrollment locations offer convenient options for consumers to enroll in TSA PreCheck at Office Depot locations in California, Colorado, Indiana, Mississippi, Missouri, Oregon, Texas and Washington. New enrollment locations offer convenient options for consumers to enroll in TSA PreCheck at Office Depot locations in California, Colorado, Indiana, Mississippi, Missouri, Oregon, Texas and Washington.

Telos Corporation, an Official TSA PreCheck® Enrollment Provider, Expands Enrollment and Renewal Options by Opening New Locations

ASHBURN, Va., Aug. 28, 2024 (GLOBE NEWSWIRE) -- On March 15, 2024, Telos Corporation (NASDAQ: TLS), announced that it had teaming agreements in place with prime partners who received awards from the federal government worth up to $525 million to Telos' Security Solutions business over five years. Telos also announced that the awards had been protested pursuant to a customary post-award protest period provided by the federal government and that finalization of the awards was subject to the resolution of protests.

Telos Corporation Announces Resolution of Protest on an Award Worth up to $485 Million to Telos Over Five Years

Telos (TLS) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Telos (TLS) Upgraded to Buy: Here's What You Should Know

Telos awarded a $12.5 billion United States Air Force base infrastructure modernization IDIQ contract Telos awarded a $12.5 billion United States Air Force base infrastructure modernization IDIQ contract

Telos Corporation Receives Prime Position on Department of the Air Force Network Infrastructure Contract

Telos Corporation (NASDAQ:TLS ) Q2 2024 Earnings Conference Call August 9, 2024 8:30 AM ET Company Participants Allison Phillipp – Director-Corporate Communications John Wood – Chairman and Chief Executive Officer Mark Bendza – Executive Vice President and Chief Financial Officer Mark Griffin – Executive Vice President-Security Solutions Conference Call Participants Zach Cummins – B. Riley Securities Rudy Kessinger – D.A.

Telos Corporation (TLS) Q2 2024 Earnings Call Transcript

Telos Corporation (TLS) came out with a quarterly loss of $0.09 per share versus the Zacks Consensus Estimate of a loss of $0.14. This compares to loss of $0.03 per share a year ago.

Telos Corporation (TLS) Reports Q2 Loss, Tops Revenue Estimates

ASHBURN, Virginia, Aug. 09, 2024 (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 of 2024.

Telos Corporation Announces Second Quarter Results Above Guidance: Reports $28.5 Million of Revenue, 34.1% GAAP Gross Margin, and 42.0% Cash Gross Margin

ASHBURN, Va., July 26, 2024 (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 second quarter 2024 financial results on Friday, August 9, 2024. Management will host a webcast to discuss the Company's financial results and business outlook at 8:30 a.m. ET.

Telos Corporation to Announce Second Quarter 2024 Financial Results on August 9, 2024

ASHBURN, Va., June 27, 2024 (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 is set to join the Russell 3000® Index at the conclusion of the 2024 Russell U.S. Indexes annual reconstitution, effective at the open of U.S. equity markets on July 1, 2024, according to a preliminary list of additions released by FTSE Russell on June 21, 2024.

Telos Corporation Set to Join Russell 3000 Index

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Applying for TSA PreCheck just got easier: Office Depot and Telos partner to bring new enrollment locations to Georgia, Tennessee and Texas Applying for TSA PreCheck just got easier: Office Depot and Telos partner to bring new enrollment locations to Georgia, Tennessee and Texas

Office Depot and Telos Corporation Announce New TSA PreCheck® Enrollment Locations

ASHBURN, Va., June 20, 2024 (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, chairman and chief executive officer, and Mark Bendza, executive vice president and chief financial officer, will participate in the Northland Capital Markets Virtual Growth Conference on Tuesday, June 25, 2024.

Telos Corporation to Participate in Northland Capital Markets Virtual Growth Conference on June 25, 2024

Telos Corporation (NASDAQ:TLS ) Q1 2024 Earnings Conference Call May 10, 2024 8:30 PM ET Company Participants Allison Phillipp - Director, Corporate Communications Mark Bendza - EVP & CFO John Wood - Chairman & CEO Mark Griffin - EVP, Security Solutions Conference Call Participants Zachary Cummins - B. Riley Securities.

Telos Corporation (TLS) Q1 2024 Earnings Call Transcript

ASHBURN, Va., May 10, 2024 (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 first quarter of 2024.

Telos Corporation Announces First Quarter Results Above Guidance: Reports $29.6 Million of Revenue, 37.0% GAAP Gross Margin, and 42.2% Cash Gross Margin

ASHBURN, Va., April 26, 2024 (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 first quarter 2024 financial results on Friday, May 10, 2024. Management will host a webcast to discuss the Company's financial results and business outlook at 8:30 a.m. ET.

Telos Corporation to Announce First Quarter 2024 Financial Results on May 10, 2024

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Telos Corporation has shown strong signs of growth recovery in 4Q23, leading to a revision of the rating from sell to buy. TLS exceeded revenue expectations and beat the high end of management's guidance range for adj EBITDA and adj EPS. The Company has secured new contracts worth $525 million over the next five years, indicating potential positive growth and revenue acceleration in the future.

Telos: Rating Upgrade To Buy As Growth Outlook Turns Positive

Telos Corporation (TLS) came out with a quarterly loss of $0.09 per share versus the Zacks Consensus Estimate of a loss of $0.12. This compares to earnings of $0.05 per share a year ago.

Telos Corporation (TLS) Reports Q4 Loss, Tops Revenue Estimates

Telos Corporation (TLS) Q4 2023 Earnings Call Transcript

ASHBURN, Va., March 15, 2024 (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 fourth quarter 2023.

Telos Corporation Announces Substantial Progress on New Business Capture; Reports Fourth Quarter and Full Year 2023 Results Above Expectations

ASHBURN, Va., March 08, 2024 (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, chairman and chief executive officer, and Mark Bendza, executive vice president and chief financial officer, will host investor meetings at the following investor conference:

Telos Corporation to Participate in 36th Annual Roth Conference on March 17-19, 2024

ASHBURN, Va., March 01, 2024 (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 fourth quarter and full year 2023 financial results on Friday, March 15, 2024. Management will host a webcast to discuss the Company's financial results and business outlook at 8:30 a.m. ET.

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