TLS

This article first appeared on GuruFocus. Total Revenue: Increased 56% year-over-year to $47.7 million. GAAP Gross Margin: 36.4%. Cash Gross Margin: 42.3%. Adjusted Operating Expenses: Down $1.2 million year-over-year. Adjusted EBITDA: $7.9 million, with a margin of 16.5%. Operating Cash Flow: $8.7 million. Free Cash Flow: $6.4 million, representing a 13.4% margin. Share Repurchases: $2.2 million, over 500,000 shares at an average price of $4.25 per share. Second-Quarter Revenue Guidance: Expected growth of 22% to 28%, or $44 million to $46 million. Second-Quarter Cash Gross Margin Guidance: Approximately 39%. Second-Quarter Adjusted EBITDA Guidance: Between $5 million and $6 million, with a margin of 11.4% to 13%. Warning! GuruFocus has detected 4 Warning Signs with TLS. Is TLS fairly valued? Test your thesis with our free DCF calculator. Release Date: May 11, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Telos Corp (NASDAQ:TLS) reported a 56% year-over-year increase in total company revenue, surpassing their guidance range. The company achieved a GAAP gross margin of 36.4% and a cash gross margin of 42.3%, both exceeding expectations. Adjusted EBITDA reached $7.9 million, significantly higher than the guidance of $4.5 million to $5 million. Telos Corp (NASDAQ:TLS) maintained a strong free cash flow margin of 13.4%, marking the fifth consecutive quarter above 12%. The company repurchased $2.2 million of stock, demonstrating confidence in long-term business value and plans to accelerate repurchases in the second quarter. The CEO, John Wood, is on medical leave, which could potentially impact leadership continuity. Despite strong first-quarter performance, Telos Corp (NASDAQ:TLS) chose not to revise its full-year guidance, indicating a cautious approach. There is a potential risk of seasonality affecting TSA PreCheck enrollments, typically lower in the second half of the year. The timing of government contract awards, which are expected in the second half of 2026, remains uncertain and could impact revenue projections. Xacta AI's contribution was flat year-over-year, suggesting limited growth in that segment for the quarter. Q: Can you provide more details on the strength seen in the Security Solutions segment, particularly in Telos ID? A: Mark Bendza, CFO, explained that the strong performance was b...

ASHBURN, Va., May 11, 2026 (GLOBE NEWSWIRE) -- Telos Corporation (NASDAQ: TLS), a leading provider of cyber, cloud and enterprise security solutions for the world’s most security-conscious organizations, has posted its 2026 first quarter financial results on its investor relations website at https://investors.telos.com. Telos will host a live webcast to discuss its first quarter 2026 financial results today, May 11, 2026, at 9:30 a.m. ET. To access the webcast, visit https://edge.media-server.com/mmc/p/so4sxhaa. Related presentation materials will be available in the Investors section of the Company’s website. In addition, an archived webcast will be posted on the website approximately two hours after the live event concludes. About Telos CorporationTelos Corporation (NASDAQ: TLS) empowers and protects the world’s most security-conscious organizations with efficient, adaptable, and secure solutions that safeguard people, systems, and information. We deliver advanced capabilities across cyber governance, risk, and compliance (GRC) with Xacta®; identity and biometric solutions; secure networks and communications; and TSA PreCheck® enrollment services. Serving the U.S. federal government, regulated industries, and global enterprises, Telos helps customers stay ahead of evolving threats, accelerate compliance, and achieve mission success. Driven by purpose and guided by our core values, we build trusted partnerships, deliver superior solutions, and help create a more secure, interconnected world. Learn more at https://www.telos.com/. Media: [email protected] Investors: [email protected]

Interested in Telos Corporation? Here are five stocks we like better. Telos beat first-quarter expectations with revenue of $47.7 million, up 56% year over year, and adjusted EBITDA of $7.9 million, both above guidance. Management said stronger TSA PreCheck enrollments and execution across core programs drove the upside. The company also delivered solid cash generation and improving margins, producing $6.4 million in free cash flow and a 13.4% free cash flow margin, while repurchasing $2.2 million of stock. Telos said it plans to continue buybacks while keeping cash around $50 million. Telos reaffirmed its full-year outlook and guided Q2 revenue to $44 million-$46 million, with adjusted EBITDA of $5 million-$6 million. It said CEO John Wood’s medical leave has not disrupted operations, and it continues to see a sizable pipeline of nearly $500 million in submitted proposals. Telos (NASDAQ:TLS) reported a stronger-than-expected first quarter for fiscal 2026, with revenue and adjusted EBITDA exceeding the company’s guidance as growth in TSA PreCheck enrollment activity and execution across large programs helped lift results. Executive Vice President and Chief Financial Officer Mark Bendza said the quarter reflected “continued transformation of Telos into a more scalable, profitable, and cash-generative business.” He also addressed the company’s April 29 announcement that Chairman and CEO John Wood is on a medical leave of absence. Bendza said Independent Director Fred Schaufeld has assumed the role of chairman, while Bendza, General Counsel Hutch Robbins and Executive Vice President of Security Solutions Mark Griffin have jointly taken on Wood’s responsibilities on an interim basis. → Beyond NVIDIA: Picks-and-Shovels AI Plays with Strong Momentum “This interim leadership structure is functioning as intended, and our teams remain fully aligned and focused on execution,” Bendza said, adding that customer and partner engagement remains strong and program execution is uninterrupted. Telos reported first-quarter revenue of $47.7 million, up 56% from the prior-year period and above its guidance range of $44 million to $45 million. Bendza said the outperformance was supported by strong TSA PreCheck enrollment activity, continued execution across core programs and benefits from efficiency initiatives. → 3 Ways to Target the Resources Powering AI and Data Centers GAAP g...

Image source: The Motley Fool. May 11, 2026, 9:30 a.m. ET Chief Financial Officer and Executive Vice President — G. Mark Bendza Executive Vice President of Security Solutions — Mark D. Griffin Need a quote from a Motley Fool analyst? Email [email protected] G. Mark Bendza will begin with remarks on our first quarter results and full-year outlook. We will then open the line for Q&A, where Mark D. Griffin will also join us. The first quarter financial results were issued earlier today and are posted on the Telos Corporation Investor Relations website where this call is being simultaneously webcast. Additionally, we have provided presentation slides on our Investor Relations website. Before we begin, we want to emphasize that some of our statements on this call, including all of those relating to 2026 company performance, plans, and operations, are forward-looking statements and are made under the safe harbor provisions of the federal securities laws. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could materially differ for various reasons, including the factors described in today’s financial results summary and the comments made during this conference call and in our SEC filings. We do not undertake any duty to update any forward-looking statements. In addition, during today’s call, we will discuss non-GAAP financial measures we believe are useful as supplemental and clarifying measures to help investors understand Telos Corporation’s financial performance. These non-GAAP financial measures should be considered in addition to and not as a substitute for or in isolation from GAAP results. You can find additional disclosures regarding these non-GAAP measures, including reconciliations with comparable GAAP results, in our first quarter results summary and on the Investor Relations portion of our website. Please also note that financial comparisons are year-over-year unless otherwise specified. The webcast replay of this call will be available on our company website under the Investor Relations link. With that, I will turn the call over to G. Mark Bendza. Thank you, and good morning, everyone. G. Mark Bendza: Before we begin, I would like to address our April 29 announcement regarding our Chairman and CEO, John B. Wood. John is currently on a medical leave of absence, and we wish him a full...

Telos Corporation (TLS) came out with quarterly earnings of $0.06 per share, beating the Zacks Consensus Estimate of $0.02 per share. This compares to a loss of $0.03 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +242.86%. A quarter ago, it was expected that this company would post earnings of $0.02 per share when it actually produced earnings of $0.06, delivering a surprise of +200%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Telos, which belongs to the Zacks Computers - IT Services industry, posted revenues of $47.74 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 7.29%. This compares to year-ago revenues of $30.62 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Telos shares have lost about 12.2% since the beginning of the year versus the S&P 500's gain of 8.1%. While Telos has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Telos was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It wil...

This article first appeared on GuruFocus. Telos Corp (NASDAQ:TLS) is set to release its Q1 2026 earnings on May 11, 2026. The consensus estimate for Q1 2026 revenue is $44.63 million, and the earnings are expected to come in at -$0.03 per share. The full year 2026's revenue is expected to be $193.72 million and the earnings are expected to be -$0.12 per share. More detailed estimate data can be found on the Forecast page. Warning! GuruFocus has detected 4 Warning Signs with TLS. Is TLS fairly valued? Test your thesis with our free DCF calculator. Revenue estimates for Telos Corp (NASDAQ:TLS) have declined from $195.30 million to $193.72 million for the full year 2026 and from $233.05 million to $222.04 million for 2027 over the past 90 days. Earnings estimates have increased from -$0.30 per share to -$0.12 per share for the full year 2026 and from -$0.17 per share to -$0.08 per share for 2027 over the same period. In the previous quarter ending on December 31, 2025, Telos Corp's (NASDAQ:TLS) actual revenue was $46.78 million, which beat analysts' revenue expectations of $45.22 million by 3.44%. Telos Corp's (NASDAQ:TLS) actual earnings were -$0.22 per share, which missed analysts' earnings expectations of -$0.07 per share by -214.29%. After releasing the results, Telos Corp (NASDAQ:TLS) was down by 3.74% in one day. Based on the one-year price targets offered by 5 analysts, the average target price for Telos Corp (NASDAQ:TLS) is $7.00 with a high estimate of $9.00 and a low estimate of $4.00. The average target implies an upside of 58.37% from the current price of $4.42. Based on GuruFocus estimates, the estimated GF Value for Telos Corp (NASDAQ:TLS) in one year is $5.12, suggesting an upside of 15.84% from the current price of $4.42. Based on the consensus recommendation from 5 brokerage firms, Telos Corp's (NASDAQ:TLS) average brokerage recommendation is currently 2.2, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

The market expects Telos Corporation (TLS) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2026. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on May 11, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower. While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise. This company is expected to post quarterly earnings of $0.02 per share in its upcoming report, which represents a year-over-year change of +166.7%. Revenues are expected to be $44.5 million, up 45.3% from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 21.57% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change. Price, Consensus and EPS Surprise Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction). The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive pow...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Telos Corporation (TLS), which belongs to the Zacks Computers - IT Services industry, could be a great candidate to consider. This company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 275.00%. For the most recent quarter, Telos was expected to post earnings of $0.02 per share, but it reported $0.06 per share instead, representing a surprise of 200.00%. For the previous quarter, the consensus estimate was $0.02 per share, while it actually produced $0.09 per share, a surprise of 350.00%. With this earnings history in mind, recent estimates have been moving higher for Telos. In fact, the Zacks Earnings ESP (Expected Surprise Prediction) for the company is positive, which is a great sign of an earnings beat, especially when you combine this metric with its nice Zacks Rank. Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the number of stocks that beat the consensus estimate could be as high as seven. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a version of the Zacks Consensus whose definition is related to change. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Telos has an Earnings ESP of +14.29% at the moment, suggesting that analysts have grown bullish on its near-term earnings potential. When you combine this positive Earnings ESP with the stock's Zacks Rank #3 (Hold), it shows that another beat is possibly around the corner. The company's next earnings report is expected to be released on May 11, 2026. When the Earnings ESP comes up negative, investors should note that this will reduce the predictive power of the metric. But, a negative value is not indicative of a stock's earnings miss. Many companies end up beating the consensus EPS...

ASHBURN, Va., April 27, 2026 (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 2026 financial results on Monday, May 11, 2026. Management will host a webcast to discuss the Company’s financial results and business outlook at 9:30 a.m. ET. An on-demand replay of the webcast will be available on the Company’s investor relations website. About Telos Corporation Telos Corporation (NASDAQ: TLS) empowers and protects the world’s most security-conscious organizations with efficient, adaptable, and secure solutions that safeguard people, systems, and information. We deliver advanced capabilities across cyber governance, risk, and compliance (GRC) with Xacta®; identity and biometric solutions; secure networks and communications; and TSA PreCheck® enrollment services. Serving the U.S. federal government, regulated industries, and global enterprises, Telos helps customers stay ahead of evolving threats, accelerate compliance, and achieve mission success. Driven by purpose and guided by our core values, we build trusted partnerships, deliver superior solutions, and help create a more secure, interconnected world. Learn more at www.telos.com. Media: [email protected] Investors: [email protected]

This article first appeared on GuruFocus. Revenue: Increased 77% year-over-year to $46.8 million, exceeding guidance range of $44 million to $46.3 million. Gross Margin: GAAP gross margin was 35%; excluding a $500,000 charge, gross margin was 36%, and cash gross margin was 41.9%. Adjusted EBITDA: $7.3 million, exceeding the guidance range of $4 million to $5.7 million; Adjusted EBITDA margin was 15.6%. Operating Cash Flow: $8 million for the quarter. Free Cash Flow: $6.3 million, representing a free cash flow margin of 13.4%. Restructuring Charge: $1.5 million, including approximately $500,000 recorded in cost of sales. Goodwill Impairment: $40.9 million noncash goodwill impairment within the Secure Networks segment. Full Year 2025 Revenue: Increased 52% to $164.8 million. Full Year 2025 Adjusted EBITDA: $18.1 million, representing a $27.8 million improvement year-over-year. Full Year 2025 Free Cash Flow: $21.3 million, representing a $61 million improvement year-over-year. Share Repurchases: $13.6 million deployed to repurchase approximately 4.3% of outstanding shares at an average price of $4.38 per share. Warning! GuruFocus has detected 2 Warning Sign with TLS. Is TLS fairly valued? Test your thesis with our free DCF calculator. Release Date: March 16, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Telos Corp (NASDAQ:TLS) reported significant revenue growth, with a 77% year-over-year increase in the fourth quarter, exceeding their guidance range. The company demonstrated strong operating leverage and excellent incremental adjusted EBITDA margins, driven by disciplined program execution and expense management. Telos Corp (NASDAQ:TLS) returned capital to shareholders through share repurchases, with the Board increasing the share repurchase authorization from $50 million to $75 million. The company expanded its confidential IT security work for the federal government, indicating strong demand and growth potential in this area. Telos Corp (NASDAQ:TLS) launched Xacta AI, enhancing their cyber governance platform with AI-driven insights, which has been positively received by major federal government customers. The company incurred a $1.5 million restructuring charge in the fourth quarter, aimed at streamlining operations. A $40.9 million noncash goodwill impairment was recorded within the Secure Network...

ASHBURN, Va., March 16, 2026 (GLOBE NEWSWIRE) -- Telos Corporation (NASDAQ: TLS), a leading provider of cyber, cloud and enterprise security solutions for the world’s most security-conscious organizations, has posted its 2025 fourth quarter and full year financial results on its investor relations website at https://investors.telos.com. Telos will host a live webcast to discuss its fourth quarter and full year 2025 financial results today, March 16, 2026, at 9:30 a.m. ET. To access the webcast, visit https://edge.media-server.com/mmc/p/p99edfa3/. Related presentation materials will be available in the Investors section of the Company’s website. In addition, an archived webcast will be posted on the website approximately two hours after the live event concludes. About Telos Corporation Telos Corporation (NASDAQ: TLS) empowers and protects the world’s most security-conscious organizations with efficient, adaptable, and secure solutions that safeguard people, systems, and information. We deliver advanced capabilities across cyber governance, risk, and compliance (GRC) with Xacta®; identity and biometric solutions; secure networks and communications; and TSA PreCheck® enrollment services. Serving the U.S. federal government, regulated industries, and global enterprises, Telos helps customers stay ahead of evolving threats, accelerate compliance, and achieve mission success. Driven by purpose and guided by our core values, we build trusted partnerships, deliver superior solutions, and help create a more secure, interconnected world. Learn more at www.telos.com. Media: [email protected] Investors: [email protected]