TLS Q1 2022 Earnings — Telos Corporation Revenue & Financial Results | Market Cap Arena

TLSTelos Corporation

$323M

Q1 2022 Earnings

Technology Information Technology Services

Income Statement

Revenue

$50M-10.0% YoY

Gross Profit

$19M37.6% margin

Operating Income

-$16M-32.6% margin

Net Income

-$17M-33.1% margin

EPS (Diluted)

$-0.22

QoQ Revenue Growth

-21.7%

Cash Flow

Operating Cash Flow

$249,000

Free Cash Flow

-$3M

Stock-Based Comp.

$16M

Balance Sheet

Total Assets

$244M

Total Liabilities

$69M

Stockholders' Equity

$175M

Cash & Equivalents

$120M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$50M	$56M	-10.0%
Gross Profit	$19M	$14M	+31.4%
Operating Income	-$16M	-$13M	-21.3%
Net Income	-$17M	-$15M	-12.4%

Revenue Segments

Security Solutions Segment

$27M54%

Secure Networks Segment

$23M46%