Telos Corp. (TLS) Tops Q3 EPS by 2c; Offers FY22 Revenue Guidance

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Go back to Telos Corp. (TLS) Tops Q3 EPS by 2c; Offers FY22 Revenue Guidance

Telos Corporation Announces Third Quarter Results: Delivers $63.6 Million of Revenue, 32.9% Gross Margin, and $12.0 Million of Cash Flow from Operations

November 9, 2022 8:05 AM EST

Exceeded High End of Guidance Range on All Financial MetricsGenerated $12.0 Million of Cash Flow from Operations and $8.4 Million of Free Cash FlowDeployed $4.7 Million to Share Repurchases During the Third Quarter, Totaling $7.7 Million During the First Nine Months of 2022Updates 2022 Full-Year Guidance Primarily to Reflect Lower Secure Networks Revenues in the Fourth QuarterAnnounces Retirement of Brendan Malloy, Executive Vice President of Secure Networks

ASHBURN, Va., Nov. 09, 2022 (GLOBE NEWSWIRE) -- Telos Corporation (NASDAQ:... More