{"schema_version":"secwatch.filing_event.v1","accession":"0000320121-21-000058","form_type":"8-K","ticker":"TLS","cik":"0000320121","company_name":"TELOS CORP","filed_at":"2021-11-15T23:59:59+00:00","discovered_at":"2026-05-14T18:04:15.068731+00:00","generated_at":"2026-06-28T08:46:08.190085+00:00","sec_items":["2.02","5.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Telos Q3 revenue $70.1M (+48% YoY); record gross profit; raises FY guidance","bullets":["Revenue $70.1M, up 48% reported, 80% adjusted excluding Census contract; driven by Xacta, Telos ID, Secure Networks.","Record gross profit $26.1M (+57% YoY); gross margin 37.2% (+229 bps); every segment contributed to expansion.","GAAP net loss $(5.4)M vs $2.5M income; adjusted net income $6.8M; adjusted EBITDA $8.4M up from $5.8M.","Cash flow from operations $12.5M; free cash flow $9.4M; FY guidance raised to sales $240-245M, adj EBITDA $18-19M.","COO Edward Williams retiring, stepping down immediately; Mark Griffin (Telos ID) and Brendan Malloy (Secure Networks) to lead respective units."],"urls":{"canonical":"https://secwatch.observer/filing/0000320121-21-000058","json":"https://secwatch.observer/filing/0000320121-21-000058.json","markdown":"https://secwatch.observer/filing/0000320121-21-000058.md","text":"https://secwatch.observer/filing/0000320121-21-000058.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/320121/000032012121000058/0000320121-21-000058-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/320121/000032012121000058/tls-20211111.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-28T08:46:08.190085+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"d60d725e31","claim":"Edward Williams retired as Executive Vice President, Chief Operating Officer at TELOS CORP.","evidence_excerpt":"On November 11, 2021, Mr. Edward Williams, Executive Vice President, Chief Operating Officer, informed the Company that he is retiring.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/320121/000032012121000058/0000320121-21-000058-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"retired"},{"label":"Role","value":"Executive Vice President, Chief Operating Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}