Filing Analysis
Telos Corporation announced its second quarter 2026 financial results and scheduled a conference call to discuss the performance for the period ended June 30, 2026.
📋 Key Facts
- Company issued a press release regarding Q2 2026 financial results on August 10, 2026.
- Financial results were posted on the company's website as part of the filing.
- A conference call to discuss results was scheduled for August 10, 2026, at 9:30 a.m. ET.
Telos Corporation announced its quarterly financial results for the period ended September 30, 2025, and scheduled a conference call to discuss the performance.
📋 Key Facts
- Financial results for the quarter ended September 30, 2025, were released on November 10, 2025.
- The company held/is holding a conference call at 9:30 a.m. ET on November 10, 2025, to discuss the results.
- Financial statements and press releases are provided as Exhibits 99.1 and 99.2.
Telos Corporation issued a Regulation FD disclosure to address investor speculation regarding potential equity dilution following a recent stock price appreciation. The company explicitly stated it has no current plans or needs to raise cash through the issuance of dilutive capital.
🚩 Red Flags
- Investor speculation regarding potential dilutive capital raises suggests market uncertainty or volatility in the stock price.
📋 Key Facts
- Reported Q2 2025 financial results on August 11, 2025.
- As of June 30, 2025, the company held approximately $57 million in cash and cash equivalents.
- The company reported having no outstanding debt as of June 30, 2025.
- Management expects positive cash flow for the twelve months ending December 31, 2025.
- Company states it has 'ample liquidity' to fund current operating, investing, and financing needs.
Telos Corporation announced its quarterly financial results for the period ended June 30, 2025, and scheduled a conference call to discuss the performance.
📋 Key Facts
- The company issued a press release regarding Q2 2025 financial results on August 11, 2025.
- A conference call was held/scheduled for August 11, 2025, at 9:30 a.m. ET to discuss the results.
- Financial results were made available via the company's investor relations website.
Telos Corporation announced the appointment of Donald Joseph (DJ) Terreri as Controller and Chief Accounting Officer on June 30, 2025. Additionally, the Board appointed him as Principal Accounting Officer effective July 8, 2025.
📋 Key Facts
- Donald Joseph (DJ) Terreri joined Telos Corporation as Controller and Chief Accounting Officer on June 30, 2025.
- The Board of Directors appointed Mr. Terreri as Principal Accounting Officer on July 8, 2025.
- Mr. Terreri reports directly to Mark Bendza, Executive Vice President and CFO.
- Compensation includes an annual salary of $285,000 plus standard benefits and eligibility for bonus/equity programs.
- Terreri's background includes roles at CBRE Government and Defense Business, J&J Worldwide, ICF International, Privia Health, and Discovery Communications.
Telos Corporation announced the resignation of Victoria Harding from her roles as Controller and Chief Accounting Officer, effective May 30, 2025. The company has appointed Brian Bienert as Interim Controller while searching for a permanent replacement.
🚩 Red Flags
- Departure of key financial leadership (Controller and CAO) can lead to temporary administrative friction or oversight gaps during transition periods.
📋 Key Facts
- Victoria Harding is resigning as Controller and Chief Accounting Officer.
- Resignation effective date: May 30, 2025.
- Reason for departure: To pursue a new professional opportunity.
- Interim replacement: Assistant Controller Brian Bienert will assume the role of Interim Controller.
Telos Corporation held its annual meeting of stockholders on May 8, 2025, where shareholders approved the election of seven directors and several other matters. Notably, stockholders also approved an amendment to the company's Long-Term Incentive Plan to increase available share capacity.
📋 Key Facts
- Annual meeting held on May 8, 2025.
- Stockholders approved Amendment No. 1 to the 2016 Omnibus Long-Term Incentive Plan.
- The amendment increases shares available under the Plan by 4,900,000 shares.
- Seven directors were elected to serve until the 2026 Annual Meeting: John B. Wood, David Borland, John W. Maluda, Bonnie Carroll, Derrick D. Dockery, Brad Jacobs, and Fredrick D. Schaufeld.
- PricewaterhouseCoopers LLP was ratified as the independent registered public accounting firm for fiscal year 2025.
- Say-on-pay advisory resolution regarding executive compensation was approved.
Telos Corporation announced its quarterly financial results for the period ended March 31, 2025, via a press release and scheduled a conference call to discuss the performance.
📋 Key Facts
- Company issued a press release on May 9, 2025, regarding Q1 2025 financial results.
- Financial results for the quarter ended March 31, 2025, were posted to the company's website.
- A conference call was scheduled for May 9, 2025, at 9:30 a.m. ET to discuss the results.
Telos Corporation announced its financial results for the fourth quarter and fiscal year ended December 31, 2024. The filing serves as a formal announcement of the earnings release and accompanying conference call.
📋 Key Facts
- Earnings release date: March 10, 2025
- Reporting period covered: Q4 and Full Year ended December 31, 2024
- Conference call scheduled for March 10, 2025, at 9:30 a.m. ET
- Financial results made available via the company's Investor Relations website
Telos Corporation announced the lifting of a government Stop-Work Order on a federal award worth up to $40 million over five years following the denial of a protest. This follows previous resolutions regarding other teaming agreements totaling up to $525 million.
🚩 Red Flags
- The revenue realization was subject to significant delays due to government protests and Stop-Work Orders.
📋 Key Facts
- DHS CISA denied the protest against a specific award on January 6, 2025.
- The Stop-Work Order for this award was formally lifted effective January 6, 2025.
- The award is valued at up to $40 million over a five-year period.
- As of January 17, 2025, the window for filing additional protests has expired.
- This relates to broader teaming agreements previously announced that could total up to $525 million.
Telos Corporation issued an 8-K to announce the release of its financial results for the third quarter ended September 30, 2024. The filing serves as a formal notification of the earnings announcement and associated conference call.
📋 Key Facts
- Company announced Q3 2024 financial results on November 12, 2024.
- Financial results for the quarter ended September 30, 2024 were posted to the company's website.
- A conference call was scheduled for November 12, 2024, at 10:30 a.m. ET to discuss the results.
- Exhibits 99.1 and 99.2 contain the press release and financial results respectively.
Telos Corporation announced that a major GAO protest regarding a federal award worth up to $485 million has been withdrawn, and the associated 'Stop-Work Order' is set to be lifted on September 28, 2024. This resolves a significant portion of previously protested revenue streams for the company's Security Solutions business.
🚩 Red Flags
- One award worth $40 million remains under protest, representing a lingering uncertainty in the revenue pipeline.
📋 Key Facts
- GAO disclosed that the protester on an award worth up to $485 million has withdrawn its protest.
- The government's 'Stop-Work Order' on the $485 million award will be formally lifted effective September 28, 2024.
- One remaining award worth up to $40 million is still under protest.
- Total potential value of previously announced awards subject to protests was up to $525 million.
Telos Corporation issued an 8-K to announce the release of its financial results for the quarter ended June 30, 2024. The filing serves as a formal notification that a press release containing both GAAP and non-GAAP financial measures has been issued.
📋 Key Facts
- Reporting period: Quarter ended June 30, 2024.
- Filing date: August 9, 2024.
- The company included non-GAAP financial measures in the accompanying press release (Exhibit 99.1).
- A conference call was scheduled for August 9, 2024, at 8:30 a.m. ET to discuss results.
Telos Corporation reported the results of its annual meeting of stockholders held on May 21, 2024. The meeting included the election of seven directors and several shareholder proposals.
📋 Key Facts
- Stockholders approved the Amended and Restated 2016 Omnibus Long-Term Incentive Plan, which increases available shares by 8.5 million.
- Seven directors were elected to serve until the 2025 Annual Meeting: John B. Wood, David Borland, John W. Maluda, Bonnie Carroll, Derrick D. Dockery, Brad Jacobs, and Fredrick D. Schaufeld.
- Shareholders ratified the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm for fiscal year 2024.
- The 'say-on-pay' advisory resolution regarding executive compensation was approved by a majority vote.
Telos Corporation filed an 8-K to announce the release of its financial results for the quarter ended March 31, 2024. The filing serves as a formal notification that earnings data and non-GAAP reconciliations are being made public via a press release.
📋 Key Facts
- Reporting period: Quarter ended March 31, 2024.
- Filing date: May 10, 2024.
- The company issued a press release containing financial results (Exhibit 99.1).
- Financial results include non-GAAP financial measures with reconciliations to GAAP provided per Regulation G.
Telos Corporation filed an 8-K to announce the release of its financial results for the fourth quarter and full year ended December 31, 2023. The filing includes non-GAAP financial measures and a scheduled conference call to discuss performance.
📋 Key Facts
- Reporting period: Fourth quarter and fiscal year ended December 31, 2023.
- Filing date: March 15, 2024.
- The company issued a press release (Exhibit 99.1) containing financial results.
- Management provided reconciliations for non-GAAP financial measures per Regulation G.