TLS
Telos Corporation5.42
-0.01-0.18%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
399.75MP/E (TTM)
-Basic EPS (TTM)
-0.41Dividend Yield
0%Recent Filings
10-Q
8-K
8-K
No dilutive raises planned
Telos Corporation addressed investor concerns over potential dilutive capital raises following its favorable stock response to Q2 2025 results, affirming no current plans or needs. As of June 30, 2025, it held $57 million in cash and cash equivalents with no debt. The company anticipates positive cash flow through year-end. Liquidity supports all needs; yet risks could alter outcomes.
8-K
Telos Q2 revenue surges 26%
Telos Corporation reported Q2 2025 revenue of $36.0 million, up 26.2% year-over-year, fueled by 81.8% growth in Security Solutions from scaling the DMDC program and expanding TSA PreCheck locations to 357. While GAAP net loss widened to $9.5 million, Adjusted EBITDA swung to $0.4 million positive, with operating cash flow hitting $7.0 million. Momentum builds. Q3 guidance projects $44-$47 million revenue and $4.0-$5.7 million Adjusted EBITDA, but execution risks linger amid program ramps.
10-Q
Q2 FY2025 results
Telos Corporation posted solid revenue growth in Q2 FY2025 ended June 30, 2025, with total revenue up 26.2% y/y to $36.0M, driven by an 81.8% surge in Security Solutions to $32.5M from program ramps, while Secure Networks dropped 67.1% y/y to $3.5M on portfolio wind-downs; gross margin slipped to 33.2% from 34.1% y/y amid mix shifts. Operating loss widened to $9.9M from $8.6M y/y, fueled by $14.8M in stock-based compensation that inflated SG&A, yet operating cash flow flipped positive at $13.1M for the half-year. Cash swelled to $57.0M, bolstered by no revolver draws on the $30M facility maturing December 2025, with $34.7M left for share repurchases after $4.0M spent. Stock-based comp drove the net loss beyond operating loss. Tariffs on imported IT hardware pose rising procurement risks.
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