secwatch.observer — SEC 8-K summary
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Issuer:     TELOS CORP (TLS)
CIK:        0000320121
Form:       8-K
Filed at:   2026-05-11T13:00:46+00:00
Accession:  0000320121-26-000021
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Telos Q1: Revenue up 56% to $47.7M, net income $2.0M, Adj EBITDA $7.9M; reaffirms FY outlook
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- Revenue grew 56% YoY to $47.7M; Security Solutions up 78% driven by Telos ID.
- GAAP Net Income $2.0M; Adjusted EBITDA $7.9M (16.5% margin), up from 1.2% YoY.
- Cash from ops $8.7M (18.1% of rev); Free Cash Flow $6.4M, up 69% YoY.
- Repurchased 0.5M shares for $2.2M at avg $4.25; repurchases expected to accelerate in Q2.
- Guidance: Q2 rev $44-46M, FY rev $187-200M; Adj EBITDA Q2 $5-6M, FY $20.6-28M; reaffirming outlook.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/320121/000032012126000021/0000320121-26-000021-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/320121/000032012126000021/tls-20260511.htm
  HTML page:      https://secwatch.observer/filing/0000320121-26-000021

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