TLS Q1 2024 Earnings — Telos Corporation Revenue & Financial Results | Market Cap Arena

TLSTelos Corporation

$323M

Q1 2024 Earnings

Technology Information Technology Services

Income Statement

Revenue

$30M-15.9% YoY

Gross Profit

$10M33.8% margin

Operating Income

-$8M-28.5% margin

Net Income

-$7M-24.9% margin

EPS (Diluted)

$-0.10

QoQ Revenue Growth

-27.9%

Cash Flow

Operating Cash Flow

-$350,000

Free Cash Flow

-$4M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$195M

Total Liabilities

$41M

Stockholders' Equity

$154M

Cash & Equivalents

$94M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$30M	$35M	-15.9%
Gross Profit	$10M	$13M	-25.8%
Operating Income	-$8M	-$13M	+34.9%
Net Income	-$7M	-$11M	+31.3%

Revenue Segments

Service

$29M97%

Product

$768,0003%