Telos Corp reports results for the quarter ended in June - Earnings Summary

Telos

09/08/2023 15:17

* Telos Corp  TLS.OQ  reported a quarterly adjusted loss
of 3
cents​​ per share for the quarter ended in June. The mean
expectation of six analysts for the quarter was for a loss of 13
cents per share.
    * Revenue fell 41% to $32.91 million from a year ago;
analysts
expected $29.83 million. 
    * Telos Corp's reported EPS for the quarter was a loss of 12
cents​.
    * The mean earnings estimate of analysts had fallen by
about 6.5%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Telos Corp shares had fallen by 10.2% this quarter and
lost 54.8% so far this year.
    * The company reported a quarterly loss of $8.02 million.
    * Wall Street's median 12-month price target for Telos Corp
is
$2.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 9 at 02:16 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.13          -0.03          Beat
 Mar. 31 2023      -0.13          -0.04          Beat
 Dec. 31 2022      -0.01          0.05           Beat
 Sep. 30 2022      0.02           0.10           Beat