---
schema_version: "secwatch.filing_event.v1"
accession: "0000320121-22-000113"
form_type: "8-K"
ticker: "TLS"
cik: "0000320121"
company_name: "TELOS CORP"
filed_at: "2022-08-09T23:59:59+00:00"
generated_at: "2026-06-24T02:23:43.385099+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Telos Q2 revenue $55.8M above guidance; GAAP net loss $12.3M; starts share repurchases

## Summary
- Revenue $55.8M, above high end of guidance; gross margin 37.5%, also above guidance range.
- GAAP net loss $12.3M ($0.18 per diluted share); adjusted net income $2.8M, adjusted EPS $0.04.
- Cash flow from operations $7.9M; free cash flow $5.4M; repurchased $3.0M of stock.
- Formed strategic partnership with IBM; updates full-year 2022 guidance.
- First-half gross margin expanded 374 bps YoY to 40.0% (not reported in Q2 alone).

## SEC filing metadata
- accession: 0000320121-22-000113
- form_type: 8-K
- ticker: TLS
- cik: 0000320121
- company_name: TELOS CORP
- filed_at: 2022-08-09T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/320121/000032012122000113/0000320121-22-000113-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/320121/000032012122000113/tls-20220809.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000320121-22-000113
- JSON: https://secwatch.observer/filing/0000320121-22-000113.json
- Plain text: https://secwatch.observer/filing/0000320121-22-000113.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.