earnings
confidence medium
sentiment negative
materiality 0.70
Telos Q4 revenue $64.1M (+43% YoY); delays 10-K filing due to internal controls
TELOS CORP
- Q4 revenue $64.1M (+43% YoY), gross margin 37.7% (+196 bps). GAAP EPS $(0.08), adjusted EPS $0.11.
- Full year revenue growth 35% (59% ex-Census); acquired Diamond Fortress Technologies in 2021.
- Will not file 2021 10-K on March 16 due to delays in internal control assessment; auditor audits incomplete.
- Issued 2022 guidance (specific figures not included in provided excerpt).