Telos Corporation Announces Second Quarter Results Above Guidance: Reports $28.5 Million of Revenue, 34.1% GAAP Gross Margin, and 42.0% Cash Gross Margin
TLSTelos(TLS) GlobeNewswire News Room·2024-08-09 20:01

Reports Second Quarter Results Above High End of Guidance Range on Key Financial MetricsDelivered $28.5 Million of Revenue, Reflecting Outperformance by Secure NetworksGenerated 34.1% GAAP Gross Margin; Expanded Cash Gross Margin by 326 Basis Points to 42.0%Expanded Network of TSA PreCheck® Enrollment Centers from 28 to 83 Locations in Three Months; Expect to Reach 500 Locations in 2025 ASHBURN, Virginia, Aug. 09, 2024 (GLOBE NEWSWIRE) -- Telos Corporation (NASDAQ: TLS), a leading provider of cyber, cloud a ...