Telos(TLS) - 2024 Q2 - Quarterly Results

Exhibit 99.1 1 Telos Corporation Announces Second Quarter Results Above Guidance: Reports $28.5 Million of Revenue, 34.1% GAAP Gross Margin, and 42.0% Cash Gross Margin • Reports Second Quarter Results Above High End of Guidance Range on Key Financial Metrics • Delivered $28.5 Million of Revenue, Reflecting Outperformance by Secure Networks • Generated 34.1% GAAP Gross Margin; Expanded Cash Gross Margin by 326 Basis Points to 42.0% • Expanded Network of TSA PreCheck Enrollment Centers from 28 to 83 Location ...