Telos Corporation (TLS) revealed Loss for its fourth quarter of -$16.311 million
The company's bottom line came in at -$16.311 million, or -$0.22 per share. This compares with -$9.330 million, or -$0.13 per share, last year.
The company's revenue for the period rose 77.4% to $46.777 million from $26.372 million last year.
Telos Corporation earnings at a glance (GAAP) :
-Earnings: -$16.311 Mln. vs. -$9.330 Mln. last year.-EPS: -$0.22 vs. -$0.13 last year.-Revenue: $46.777 Mln vs. $26.372 Mln last year.
This surge in fourth-quarter revenue was supported by a 105% growth in Security Solutions, primarily due to the ongoing expansion of large programs in Telos ID.
The company’s fourth-quarter net loss of $16.3 million reflects $1.5 million restructuring charge and $14.9 million non-cash goodwill impairment.
For the fourth quarter, excluding items, Telos posted earnings of $4.463 million, or $0.06 per share, compared with a loss of $2.827 million, or $0.04 per share, in the same period last year.
TLS was up by 16.82% at $5 per share in the pre-market trade on the Nasdaq.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.