secwatch.observer — SEC 8-K summary
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Issuer:     TELOS CORP (TLS)
CIK:        0000320121
Form:       8-K
Filed at:   2025-08-11T23:59:59+00:00
Accession:  0000320121-25-000037
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Telos Q2 revenue $36.0M (+26% YoY); Security Solutions up 82%; guides Q3 $44-47M revenue
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- Revenue $36.0M (+26.2% YoY); Security Solutions $32.5M (+81.8%); GAAP net loss $9.5M.
- Adjusted EBITDA improved to $0.4M from -$2.9M YoY; operating cash flow $7.0M; free cash flow $4.6M.
- DMDC program scaling; TSA PreCheck locations increased from 56 to 357 YoY (now 415).
- Resumed share repurchases: $4.0M for 1.5M shares at avg $2.69 per share.
- Q3 guidance: revenue $44-47M (85-98% YoY growth); Adjusted EBITDA $4.0-5.7M; full year positive cash flow.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/320121/000032012125000037/0000320121-25-000037-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/320121/000032012125000037/tls-20250811.htm
  HTML page:      https://secwatch.observer/filing/0000320121-25-000037

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