secwatch.observer — SEC 8-K summary
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Issuer:     TELOS CORP (TLS)
CIK:        0000320121
Form:       8-K
Filed at:   2022-03-16T23:59:59+00:00
Accession:  0000320121-22-000059
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Telos Q4 revenue $64.1M (+43% YoY); delays 10-K filing due to internal controls
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- 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).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/320121/000032012122000059/0000320121-22-000059-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/320121/000032012122000059/tls-20220316.htm
  HTML page:      https://secwatch.observer/filing/0000320121-22-000059

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer