TLS Q2 2023 Earnings — Telos Corporation Revenue & Financial Results | Market Cap Arena

TLSTelos Corporation

$323M

Q2 2023 Earnings

Technology Information Technology Services

Income Statement

Revenue

$33M-41.0% YoY

Gross Profit

$12M37.6% margin

Operating Income

-$9M-28.8% margin

Net Income

-$8M-24.4% margin

EPS (Diluted)

$-0.12

QoQ Revenue Growth

-6.6%

Cash Flow

Operating Cash Flow

-$4M

Free Cash Flow

-$4M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$217M

Total Liabilities

$49M

Stockholders' Equity

$168M

Cash & Equivalents

$103M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$33M	$56M	-41.0%
Gross Profit	$12M	$21M	-40.9%
Operating Income	-$9M	-$14M	+32.6%
Net Income	-$8M	-$14M	+43.3%

Revenue Segments

Service

$29M88%

Product

$4M12%