TLS Q3 2023 Earnings — Telos Corporation Revenue & Financial Results | Market Cap Arena

TLSTelos Corporation

$323M

Q3 2023 Earnings

Technology Information Technology Services

Income Statement

Revenue

$36M-43.1% YoY

Gross Profit

$13M36.0% margin

Operating Income

-$10M-26.8% margin

Net Income

-$9M-24.0% margin

EPS (Diluted)

$-0.12

QoQ Revenue Growth

+10.0%

Cash Flow

Operating Cash Flow

$846,000

Free Cash Flow

-$3M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$205M

Total Liabilities

$41M

Stockholders' Equity

$164M

Cash & Equivalents

$100M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$36M	$64M	-43.1%
Gross Profit	$13M	$21M	-37.9%
Operating Income	-$10M	-$9M	-10.3%
Net Income	-$9M	-$8M	-2.6%

Revenue Segments

Service

$34M95%

Product

$2M5%