Telos(TLS) - 2024 Q3 - Quarterly Results
Telos(TLS)2024-11-12 14:00
Exhibit 99.2 Third Quarter 2024 Financial Results NOVEMBER 12, 2024 Telos Corporation Reports $23.8 Million of Revenue, 13.2% GAAP Gross Margin, and 44.0% Cash Gross Margin; Forecasts Sequential Revenue Growth in 4Q 2024 and Significant Year-Over-Year Revenue Growth in 2025 Third Quarter Financial Summary • Delivered $23.8 million of revenue, including $18.3 million or 77% from Security Solutions and $5.5 million or 23% from Secure Networks • Security Solutions delivered sequential revenue growth driven by ...