Telos Corp Up 19.21% To $3.76 After Earnings

Telos Corp (TLS) surpassed earnings projections on 3/15/2024 for Q4 2023.



Revenues were downbeat at $0.00. Keep in mind that the revenues reported were on an adjusted basis, so they may not be directly comparable to estimates and prior periods.

The stock is up 19.21% to $3.76 after the report.

Telos Corp's profit margins maintained as both earnings and revenue declined at the same pace.

Wall Street Analysts had an average rating of Buy on the stock prior to the report.

InvestorsObserver gives the stock a Bearish Sentiment score at the moment based on recent trading.

Prior to the report, InvestorsObserver gave the stock an overall score of 44. Meanwhile, the average Wall Street analyst rated the stock a Buy.

Telos Corp offers technologically advanced, software-based security solutions that empower and protect the world's security-conscious organizations against rapidly evolving, sophisticated and pervasive threats. Its portfolio of security products, services and expertise empower customers with capabilities to reach new markets, serve their stakeholders more effectively, and successfully defend the nation or their enterprise. The company's customer base consists of the U.S. federal government, large commercial businesses, state and local governments, as well as international customers. It derives a substantial portion of revenues from contracts and subcontracts with the U.S. Government.