Telos (TLS) Set to Announce Quarterly Earnings on Friday

Telos (NASDAQ:TLS) is scheduled to be announcing its earnings results before the market opens on Friday, May 10th. Analysts expect the company to announce earnings of ($0.11) per share for the quarter. Telos has set its Q1 2024 guidance at EPS.Investors interested in listening to the company’s conference call can do so using this link.

Telos (NASDAQ:TLS) last posted its quarterly earnings results on Friday, March 15th. The company reported ($0.12) EPS for the quarter, meeting the consensus estimate of ($0.12). Telos had a negative net margin of 23.68% and a negative return on equity of 24.23%. The business had revenue of $41.06 million during the quarter, compared to analyst estimates of $31.97 million. During the same period in the previous year, the business posted ($0.18) EPS. On average, analysts expect Telos to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Telos Stock Performance

Shares of NASDAQ TLS opened at $3.67 on Wednesday. Telos has a 52-week low of $1.74 and a 52-week high of $5.00. The stock has a market capitalization of $269.05 million, a P/E ratio of -7.34 and a beta of 0.90. The company has a quick ratio of 3.54, a current ratio of 3.57 and a debt-to-equity ratio of 0.06. The firm’s 50-day moving average price is $3.75 and its two-hundred day moving average price is $3.78.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on TLS shares. B. Riley raised their target price on Telos from $4.50 to $5.50 and gave the company a “buy” rating in a research note on Monday, March 18th. DA Davidson boosted their target price on shares of Telos from $3.25 to $3.50 and gave the company a “neutral” rating in a research note on Monday, March 18th. Finally, BMO Capital Markets raised their price target on shares of Telos from $3.50 to $4.50 and gave the company a “market perform” rating in a research note on Monday, March 18th.

About Telos

Telos Corporation, together with its subsidiaries, provides cyber, cloud, and enterprise security solutions worldwide. The company operates in two segments, Security Solutions and Secure Networks. It provides Xacta, a platform for enterprise cyber risk management and security compliance automation; and consulting, assessment and compliance, engineering and evaluation, operations, and penetration testing services.