NASDAQ$TLS
Telos Corporation · Q2 2021 earnings
Q2 2021 earnings · · Investor relations
Briefing
Reported strong second quarter results driven by growth in Xacta, Telos Ghost and Secure Networks, delivered gross margin expansion and positive cash flow, and reaffirmed full year guidance.
Telos Corporation reported an 8% increase in revenue to $52.6 million, or 48% excluding a contract with the U.S. Census Bureau. The company experienced double-digit growth in Xacta, Telos Ghost, and Secure Networks. Gross profit increased 17% to $20.6 million, with gross margin expanding to 39.1%. Telos generated $3.5 million in cash flow from operations and reaffirmed its full-year guidance.
- Revenue was $52.6 million, up 8% reported, and up 48% excluding the U.S. Census Bureau contract.
- Gross profit increased 17% to $20.6 million, with gross margin expanding 290 basis points to 39.1%.
- Cash flow from operations was $3.5 million.
- Full year sales guidance of $283 million - $295 million and Adjusted EBITDA guidance of $33 million - $36 million was reaffirmed.
Headline financials
Revenue & EPS history
Telos · Revenue · Quarterly
$52.6M
Forward guidance
Telos reaffirmed its 2021 sales guidance of $283 million - $295 million and Adjusted EBITDA guidance of $33 million - $36 million.
Tailwinds
- Revenue guidance of $283M - $295M
- YoY Organic Growth 57% - 64%
- Adjusted EBITDA guidance of $33M - $36M
- YoY Adjusted EBITDA Growth 190% - 216%
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q2 2021
-4.3%
Avg return
Earnings day
-0.2%
Avg return
5 days after
+1.5%
Avg return
30 days after
36%
8 / 22 earnings
Positive
+24.8%
Q3 2023
Best reaction
-68.4%
Q3 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -5.4% | -6.7% | +1.8% | |
| Q4 2025 | -3.7% | +1.2% | +3.7% | |
| Q3 2025 | +21.5% | -8.3% | -5.0% | |
| Q1 2025 | -19.6% | +6.9% | +12.2% | |
| Q4 2024 | -9.1% | -7.0% | -15.7% | |
| Q3 2024 | -12.7% | -22.3% | -17.1% | |
| Q2 2024 | -30.2% | -41.8% | -15.6% | |
| Q1 2024 | -11.2% | +16.6% | +18.6% | |
| Q4 2023 | +24.8% | +38.7% | +14.3% | |
| Q3 2023 | +24.8% | +38.9% | +45.1% | |
| Q2 2023 | +12.2% | -3.5% | -7.4% | |
| Q1 2023 | +22.7% | +55.2% | +43.1% | |
| Q4 2022 | -24.4% | -22.2% | -20.9% | |
| Q3 2022 | -68.4% | -55.8% | -60.4% | |
| Q2 2022 | +3.9% | +9.9% | +17.1% | |
| Q1 2022 | -0.7% | +7.7% | +30.3% | |
| Q4 2021 | -2.2% | -2.1% | -6.8% | |
| Q3 2021 | -27.9% | -22.8% | -36.5% | |
| Q2 2021 | -0.5% | +12.7% | +27.0% | |
| Q1 2021 | -16.5% | -14.2% | +0.3% | |
| Q2 2020 | +14.0% | +7.3% | +2.4% | |
| Q4 2020 | +14.0% | +7.3% | +2.4% | |
| Q3 2020 | — | — | — | |
| Q1 2020 | — | — | — | |
| Q2 2019 | — | — | — | |
| Q4 2019 | — | — | — | |
| Q3 2019 | — | — | — | |
| Q1 2019 | — | — | — | |
| Q4 2018 | — | — | — | |
| Q3 2018 | — | — | — | |
| Q2 2018 | — | — | — | |
| Q1 2018 | — | — | — | |
| Q4 2017 | — | — | — | |
| Q3 2017 | — | — | — | |
| Q2 2017 | — | — | — | |
| Q1 2017 | — | — | — | |
| Q4 2016 | — | — | — | |
| Q3 2016 | — | — | — | |
| Q2 2016 | — | — | — | |
| Q1 2016 | — | — | — | |
| Q4 2015 | — | — | — | |
| Q3 2015 | — | — | — | |
| Q2 2015 | — | — | — | |
| Q1 2015 | — | — | — | |
| Q4 2014 | — | — | — | |
| Q3 2014 | — | — | — | |
| Q2 2014 | — | — | — | |
| Q1 2014 | — | — | — | |
| Q4 2013 | — | — | — | |
| Q3 2013 | — | — | — | |
| Q2 2013 | — | — | — | |
| Q1 2013 | — | — | — | |
| Q4 2012 | — | — | — | |
| Q3 2012 | — | — | — | |
| Q2 2012 | — | — | — | |
| Q1 2012 | — | — | — | |
| Q4 2011 | — | — | — | |
| Q3 2011 | — | — | — | |
| Q2 2011 | — | — | — | |
| Q1 2011 | — | — | — | |
| Q4 2010 | — | — | — | |
| Q3 2010 | — | — | — | |
| Q2 2010 | — | — | — | |
| Q1 2010 | — | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro