---
schema_version: "secwatch.filing_event.v1"
accession: "0000320121-24-000016"
form_type: "8-K"
ticker: "TLS"
cik: "0000320121"
company_name: "TELOS CORP"
filed_at: "2024-03-15T23:59:59+00:00"
generated_at: "2026-06-04T18:17:45.628507+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Telos reports Q4 revenue $41.1M, full-year $145.4M; secures awards worth up to $525M over five years

## Summary
- Q4 revenue $41.1M (down from $47.3M but above expectations); GAAP net loss $(7.0)M vs $(14.2)M prior year.
- Full year revenue $145.4M; Q4 cash flow ops $5.0M, free cash flow $1.8M.
- Prime partners received awards worth up to $525M to Telos over five years, subject to protest resolution.
- Adjusted EBITDA loss $(3.2)M vs prior year $5.4M; CEO cites path to sequential revenue growth in 2024.
- GAAP EPS $(0.10), diluted weighted shares 69.8M.

## SEC filing metadata
- accession: 0000320121-24-000016
- form_type: 8-K
- ticker: TLS
- cik: 0000320121
- company_name: TELOS CORP
- filed_at: 2024-03-15T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/320121/000032012124000016/0000320121-24-000016-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/320121/000032012124000016/tls-20240315.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000320121-24-000016
- JSON: https://secwatch.observer/filing/0000320121-24-000016.json
- Plain text: https://secwatch.observer/filing/0000320121-24-000016.txt

## Key facts
- Earnings Releases
  TELOS CORP reported financial results for the fourth quarter and year ended December 31, 2023.
  - Period: the fourth quarter and year ended December 31, 2023
  - Result: reported results
  source text: On Friday, March 15, 2024, Telos Corporation (the “Company”) issued a press release reporting certain financial results of the Company for the fourth quarter and year ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/320121/000032012124000016/0000320121-24-000016-index.htm

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