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) is frequently in the news for its activities in cyber, cloud and enterprise security, as well as its role as an authorized TSA PreCheck enrollment provider. The TLS news feed on Stock Titan aggregates company-issued announcements and other coverage so readers can follow how Telos executes on its security and compliance-focused business.
Recent Telos news highlights include cyber governance, risk and compliance (GRC) engagements with large commercial customers and U.S. federal agencies. The company has reported on renewals and expansions of cyber GRC and security operations support for large-scale commercial cloud environments, including work that involves maintaining authorities to operate (ATOs) and pursuing new authorizations across multiple cloud product lines. Telos has also announced the first enterprise-wide federal deployment of Xacta.ai, the AI capability at the core of its Xacta cyber GRC platform.
Investors and observers can use the TLS news page to monitor announcements about government contracting developments, such as Telos’ selection for the Missile Defense Agency’s SHIELD IDIQ contract, as well as updates on its TSA PreCheck enrollment network across many U.S. states and territories. The company also issues press releases related to quarterly financial results, investor conference participation and liquidity commentary, which are reflected in its news flow.
By reviewing the TLS news stream, readers can see how Telos communicates about its cyber GRC offerings, TSA PreCheck enrollment expansion, AI-enabled compliance capabilities and financial reporting milestones. Bookmark this page to access a consolidated view of Telos Corporation news, from contract awards and product updates to earnings announcements and investor events.
Telos (NASDAQ: TLS), an authorized TSA PreCheck® enrollment provider, has expanded its services by opening seven new locations across six states. This expansion brings Telos' total TSA PreCheck enrollment centers to 76 across the U.S. The new centers, located in Arizona, California, Georgia, Ohio, Minnesota, and Texas, began operations on August 5, 2024.
TSA PreCheck members enjoy expedited security screening at airports, with 99% of members waiting less than 10 minutes at checkpoints nationwide. Telos plans to continue expanding its enrollment footprint throughout 2024, offering extended hours and more convenient locations for travelers. Applicants can pre-enroll or schedule appointments through Telos' authorized TSA PreCheck website.
Telos (NASDAQ: TLS), an authorized TSA PreCheck® enrollment provider, has expanded its services with a new location at the Eastern Iowa Airport (CID) in Cedar Rapids, Iowa. This marks Telos' first airport-based enrollment center and brings their total to 69 locations nationwide. The center, which opened on July 24, 2024, offers appointments for TSA PreCheck enrollment and renewals, operating Monday, Wednesday, and Thursday from noon to 4 p.m.
TSA PreCheck members enjoy expedited security screening, with 99% waiting less than 10 minutes at checkpoints. The program allows members to keep shoes, belts, and light jackets on, and leave electronics and compliant liquids in carry-on bags. This expansion demonstrates Telos' commitment to enhancing travel convenience for millions of Americans.
Telos (NASDAQ: TLS), a leading provider of cyber, cloud, and enterprise security solutions, has announced it will report its second quarter 2024 financial results on Friday, August 9, 2024. The company will host a webcast at 8:30 a.m. ET on the same day to discuss the financial results and business outlook. Investors and interested parties can access the webcast through the company's investor relations website. An on-demand replay of the webcast will be available after the event.
Telos (NASDAQ: TLS) will join the Russell 3000 Index on July 1, 2024, following the 2024 Russell U.S. Indexes annual reconstitution. This inclusion reflects Telos' advancements in capturing new business and its positive outlook on key programs. The announcement was made on June 27, 2024, with a preliminary list of additions released by FTSE Russell on June 21, 2024. CEO John B. Wood sees this as an opportunity to increase institutional ownership.
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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