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.
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Telos Corporation (NASDAQ: TLS) announced that it will report its first quarter 2023 financial results on May 10, 2023. The management will conduct a webcast at 8:30 a.m. ET to discuss the Company’s performance and outlook. Telos focuses on providing cybersecurity, cloud security, and enterprise security solutions to highly security-conscious organizations, including commercial enterprises and government clients. The webcast will be accessible on their investor relations website, offering an on-demand replay for those unable to attend live.
Telos Corporation (NASDAQ: TLS) reported $47.3 million in revenue for Q4 2022, down from $64.1 million in Q4 2021, with a GAAP net loss of $14.2 million. The full year revenue reached $216.9 million, and gross margin improved by 95 basis points to 38.6%. However, the company forecasted a significant revenue drop in 2023 due to the wind-down of large programs and insufficient new business wins. Full-year cash flow from operations was $16.5 million, with $11.2 million in free cash flow utilized for share repurchases. New senior leaders were appointed to enhance growth and customer solutions.
Telos Corporation (NASDAQ: TLS) will report its fourth quarter and full year 2022 financial results on March 16, 2023, with a webcast scheduled for 8:30 a.m. ET. The company specializes in cybersecurity, cloud, and enterprise security solutions catering to security-conscious organizations globally. Following the live event, an on-demand replay will be accessible on the investor relations website.