earnings
confidence high
sentiment positive
materiality 0.75
Telos Q2 revenue up 33% to $47.7M; raises FY Adjusted EBITDA guidance
TELOS CORP
- Q2 revenue $47.7M, up 33% YoY; Security Solutions grew 44% on Telos ID program expansion.
- GAAP net income $0.7M (1.4% margin); Adjusted EBITDA $6.9M; Adjusted EBITDA margin expanded to 14.4% from 1.1%.
- Free cash flow $6.6M, up 43% YoY; sixth straight quarter FCF margin above 12.0% (13.9%).
- Repurchased 1.0M+ shares at avg $4.50/share, deploying $4.7M.
- FY Adjusted EBITDA guidance raised to $23.6M-$28.6M from $20.6M-$28.0M; revenue trimmed to $187M-$195M.