Welcome to our dedicated page for Telos news (Ticker: TLS), a resource for investors and traders seeking the latest updates and insights on Telos stock.
Telos Corporation (NASDAQ: TLS) provides cybersecurity solutions and secure network infrastructure for government agencies and enterprises requiring high-level protection. This news hub offers investors and security professionals centralized access to official announcements, financial updates, and strategic developments.
Track TLS's progress in cloud security innovations, federal contracting milestones, and IT risk management initiatives. The curated collection includes earnings reports, product launch details, and partnership announcements – all essential for understanding the company's position in the defense technology sector.
Key updates cover TLS's work in identity management systems, TSA PreCheck program expansions, and compliance solutions for regulated industries. Bookmark this page for real-time insights into how Telos addresses evolving cyber threats while maintaining government security standards.
Office Depot and Telos announced the opening of five new TSA PreCheck enrollment locations at Office Depot stores in Georgia, Tennessee, and Texas, starting June 21, 2024. This expansion follows the addition of 20 new locations since May 2024. The partnership aims to ease TSA PreCheck enrollment with a total of 53 centers, including 51 at Office Depot and OfficeMax stores.
These new locations offer extended hours for TSA PreCheck enrollment and renewals, providing greater convenience for travelers. TSA PreCheck members enjoy expedited security screening at airports, with 99% waiting less than 10 minutes. New applicants can start their process online or schedule in-person appointments via Telos' authorized TSA PreCheck website.
Telos (NASDAQ: TLS), a premier provider of cyber, cloud, and enterprise security solutions, announced its participation in the Northland Capital Markets Virtual Growth Conference on June 25, 2024. John B. Wood, the chairman and CEO, along with Mark Bendza, the executive VP and CFO, will represent Telos at the event. This conference will provide an opportunity for investors and stakeholders to engage directly with Telos's leadership. For more details or to schedule one-on-one meetings, attendees are advised to contact their Northland Capital Markets representative.
Telos announced first quarter results above guidance, reporting $29.6 million of revenue, a 37.0% GAAP gross margin, and a 42.2% cash gross margin. Despite a modest $0.4 million cash flow outflow, free cash flow improved year-over-year. The company expects revenues to return to sequential growth in the third or fourth quarter of 2024, depending on the resolution of protests. Telos also highlighted several new business awards and contract renewals.
Telos (NASDAQ: TLS) will participate in upcoming investor conferences, showcasing its cybersecurity, cloud, and enterprise security solutions to the world's most security-conscious organizations. John B. Wood and Mark Bendza will host meetings at the 19th Annual Needham Technology, Media and Consumer Conference on May 14-15, 2024, and the B. Riley Securities 24th Annual Institutional Investor Conference on May 22-23, 2024.
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