---
schema_version: "secwatch.filing_event.v1"
accession: "0000320121-24-000082"
form_type: "8-K"
ticker: "TLS"
cik: "0000320121"
company_name: "TELOS CORP"
filed_at: "2024-08-09T23:59:59+00:00"
generated_at: "2026-05-31T10:34:00.390914+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Telos Q2 revenue $28.5M above guidance; cash gross margin expands to 42.0%

## Summary
- Revenue $28.5M, down 13% YoY from $32.9M; net loss $7.8M vs $8.0M loss YoY.
- GAAP gross margin 34.1% (down 349bps YoY); cash gross margin improved to 42.0% (up 326bps).
- Adjusted EBITDA loss $2.9M vs break-even YoY; adjusted EPS $(0.09) vs $(0.03).
- TSA PreCheck enrollment centers expanded from 28 to 83; targeting 500 locations by 2025.

## SEC filing metadata
- accession: 0000320121-24-000082
- form_type: 8-K
- ticker: TLS
- cik: 0000320121
- company_name: TELOS CORP
- filed_at: 2024-08-09T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/320121/000032012124000082/0000320121-24-000082-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/320121/000032012124000082/tls-20240809.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000320121-24-000082
- JSON: https://secwatch.observer/filing/0000320121-24-000082.json
- Plain text: https://secwatch.observer/filing/0000320121-24-000082.txt

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