Brief: Telos Corp Announces Third Quarter Results

Telos

09/11/2022 15:49

Nov 9 (Reuters) - Telos Corp  TLS.O :
    * ORATION ANNOUNCES THIRD QUARTER RESULTS: DELIVERS $63.6
MILLION
OF REVENUE, 32.9% GROSS MARGIN, AND $12.0 MILLION OF CASH FLOW
FROM OPERATIONS
    * UPDATES 2022 FULL-YEAR GUIDANCE PRIMARILY TO REFLECT LOWER
SECURE NETWORKS REVENUES IN THE FOURTH QUARTER
    * QTRLY ADJUSTED EARNINGS PER SHARE $0.10
    * EXPECTS SALES IN THE RANGE OF $213 MILLION TO $217 MILLION
AND
ADJUSTED EBITDA IN THE RANGE OF $14 MILLION TO $16 MILLION FOR
2022
    * QTRLY LOSS PER SHARE $0.11
    * SEES Q4 REVENUE $43 MILLION - $47 MILLION
    * SEES Q4 ADJUSTED EBITDA $0 - $2 MILLION
    * QTRLY REVENUE $63.6 MILLION VERSUS $69.0 MILLION
    * Q3 EARNINGS PER SHARE VIEW $0.02, REVENUE VIEW $59.6
MILLION --
REFINITIV IBES DATA
    * Q4 EARNINGS PER SHARE VIEW $0.08, REVENUE VIEW $64.4
MILLION --
REFINITIV IBES DATA

Source text for Eikon:  ID:nGNX8DYHJ5 
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