Telos Corp. (TLS) Tops Q2 EPS by 7c, Guidance Misses
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Telos Corporation Announces Second Quarter Results: Delivers $55.8 Million of Revenue, 37.5% Gross Margin, and $7.9 Million of Cash Flow from Operations; Begins Stock Repurchases
August 9, 2022 7:57 AM EDTDelivered $55.8 Million of Revenue, Above High End of Guidance RangeGenerated 37.5% Gross Margin, Above High End of Guidance Range; Expanded Gross Margin 374 Basis Points Year-over-Year in the First Half of 2022Generated $7.9 Million of Cash Flow from Operations and $5.4 Million of Free Cash Flow; Repurchased $3.0 Million of StockUpdates 2022 Full Year Guidance
ASHBURN, Va., Aug. 09, 2022 (GLOBE NEWSWIRE) -- Telos Corporation (NASDAQ: TLS), a leading provider of cyber, cloud and enterprise security solutions for the worlds most security-conscious organizations, today announced financial results for the second... More
