Telos (NASDAQ:TLS) Issues Quarterly Earnings Results, Beats Expectations By $0.04 EPS

Telos (NASDAQ:TLS) released its quarterly earnings data on Monday. The company reported $0.06 earnings per share for the quarter, beating analysts’ consensus estimates of $0.02 by $0.04, FiscalAI reports. The company had revenue of $46.78 million for the quarter, compared to the consensus estimate of $45.22 million. Telos had a negative return on equity of 26.12% and a negative net margin of 20.47%.

Telos Price Performance

Shares of TLS stock traded up $0.08 on Monday, hitting $4.36. 1,114,917 shares of the company’s stock were exchanged, compared to its average volume of 729,109. The stock has a market cap of $321.55 million, a P/E ratio of -10.63 and a beta of 1.03. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.76 and a quick ratio of 2.67. The company has a 50 day moving average of $4.85 and a 200 day moving average of $5.80. Telos has a 12 month low of $1.83 and a 12 month high of $8.36.

Hedge Funds Weigh In On Telos

Institutional investors and hedge funds have recently modified their holdings of the business. Schonfeld Strategic Advisors LLC bought a new stake in shares of Telos in the 3rd quarter worth $206,000. Public Employees Retirement System of Ohio boosted its position in shares of Telos by 12.6% in the third quarter. Public Employees Retirement System of Ohio now owns 27,749 shares of the company’s stock valued at $190,000 after acquiring an additional 3,100 shares during the period. HRT Financial LP bought a new stake in Telos during the 4th quarter worth approximately $179,000. Fox Run Management L.L.C. increased its stake in Telos by 123.2% in the 4th quarter. Fox Run Management L.L.C. now owns 34,777 shares of the company’s stock worth $177,000 after acquiring an additional 19,194 shares during the last quarter. Finally, Invesco Ltd. boosted its position in shares of Telos by 36.8% during the 2nd quarter. Invesco Ltd. now owns 54,793 shares of the company’s stock valued at $174,000 after acquiring an additional 14,751 shares during the last quarter. 62.14% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Telos in a report on Wednesday, January 21st. Two research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $7.75.

Telos Company Profile

Telos Corporation (NASDAQ: TLS) is a provider of cybersecurity, secure communications, and enterprise IT solutions designed to help organizations manage risk, accelerate mission delivery and maintain compliance. The company’s core business activities encompass risk management and compliance automation, secure mobility, zero-trust architecture, cloud security, and identity and access management. Telos serves a diverse customer base that includes U.S. federal agencies, the Department of Defense, intelligence communities and select commercial enterprises.

Among its flagship offerings is the Xacta® platform, which automates assessment and authorization for IT systems and cloud environments, helping clients streamline compliance with NIST, FedRAMP and other frameworks.