TLS Q3 2024 Earnings — Telos Corporation Revenue & Financial Results | Market Cap Arena

TLSTelos Corporation

$323M

Q3 2024 Earnings

Technology Information Technology Services

Income Statement

Revenue

$24M-34.3% YoY

Gross Profit

$8M34.3% margin

Operating Income

-$17M-70.5% margin

Net Income

-$28M-118.0% margin

EPS (Diluted)

$-0.39

QoQ Revenue Growth

-16.5%

Cash Flow

Operating Cash Flow

-$7M

Free Cash Flow

-$7M

Stock-Based Comp.

$9M

Balance Sheet

Total Assets

$166M

Total Liabilities

$37M

Stockholders' Equity

$129M

Cash & Equivalents

$70M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$24M	$36M	-34.3%
Gross Profit	$8M	$13M	-37.2%
Operating Income	-$17M	-$10M	-73.0%
Net Income	-$28M	-$9M	-223.5%

Revenue Segments

Service

$22M93%

Product

$2M7%