2023-05-10 08:08:16 ET
- Telos press release ( NASDAQ: TLS ): Q1 Non-GAAP EPS of -$0.04 beats by $0.09 .
- Revenue of $35.2M (-29.8% Y/Y) beats by $3.81M .
- Expanded Quarterly Gross Margin by 66 Basis Points to 38.3% Year over Year.
- Reaffirms Full Year Guidance: Revenue of $115 - $140 Million vs. consensus of $30.49M; Adjusted EBITDA of ($27) - ($17) Million.
- Q2 FY23 guidance: Revenue of $28 - $32 Million vs. consensus of $127.15M; Adjusted EBITDA of ($8) - ($6) Million.
For further details see:
Telos beats Q1 top and bottom line estimates; initiates Q2 and reaffirms FY23 outlook