TLS Q1 2023 Earnings — Telos Corporation Revenue & Financial Results | Market Cap Arena

TLSTelos Corporation

$323M

Q1 2023 Earnings

Technology Information Technology Services

Income Statement

Revenue

$35M-29.8% YoY

Gross Profit

$13M38.3% margin

Operating Income

-$13M-36.8% margin

Net Income

-$11M-30.5% margin

EPS (Diluted)

$-0.16

QoQ Revenue Growth

-25.6%

Cash Flow

Operating Cash Flow

-$100,000

Free Cash Flow

-$4M

Stock-Based Comp.

$9M

Balance Sheet

Total Assets

$221M

Total Liabilities

$51M

Stockholders' Equity

$170M

Cash & Equivalents

$112M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$35M	$50M	-29.8%
Gross Profit	$13M	$19M	-28.6%
Operating Income	-$13M	-$16M	+20.8%
Net Income	-$11M	-$17M	+35.3%

Revenue Segments

Service

$32M90%

Product

$4M10%