Brief: Telos Corporation Reports Strong Second Quarter Results Driven By Growth In Xacta, Telos Ghost And Secure Networks Delivers Gross Margin Expansion And Positive Cash Flow Reaffirms Full Year Guidance

Telos

16/08/2021 22:07

Aug 16 (Reuters) - Telos Corp  TLS.O :
    * ORATION REPORTS STRONG SECOND QUARTER RESULTS DRIVEN BY
GROWTH
IN XACTA, TELOS GHOST AND SECURE NETWORKS; DELIVERS GROSS MARGIN
EXPANSION AND POSITIVE CASH FLOW; REAFFIRMS FULL YEAR GUIDANCE
    * SEES FY SALES $283 MILLION TO $295 MILLION
    * Q2 REVENUE $52.6 MILLION VERSUS REFINITIV IBES ESTIMATE OF
$53.7
MILLION
    * QTRLY LOSS PER SHARE $0.28
    * QTRLY ADJUSTED EARNINGS PER SHARE $0.04
    * Q2 EARNINGS PER SHARE VIEW $0.02, REVENUE VIEW $53.7
MILLION --
REFINITIV IBES DATA
    * FY2021 REVENUE VIEW $288.7 MILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nGNX9QwNrs 
Further company coverage:  TLS.O 

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