TLS Q2 2024 Earnings — Telos Corporation Revenue & Financial Results | Market Cap Arena

TLSTelos Corporation

$323M

Q2 2024 Earnings

Technology Information Technology Services

Income Statement

Revenue

$28M-13.4% YoY

Gross Profit

$10M34.1% margin

Operating Income

-$9M-30.3% margin

Net Income

-$8M-27.2% margin

EPS (Diluted)

$-0.11

QoQ Revenue Growth

-3.8%

Cash Flow

Operating Cash Flow

-$8M

Free Cash Flow

-$11M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$182M

Total Liabilities

$33M

Stockholders' Equity

$149M

Cash & Equivalents

$80M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$28M	$33M	-13.4%
Gross Profit	$10M	$12M	-21.5%
Operating Income	-$9M	-$9M	+8.7%
Net Income	-$8M	-$8M	+3.3%

Revenue Segments

Service

$27M95%

Product

$2M5%