Telos Corp Expects Q1 Revenue of $28M-$29M Vs $33.06M Est
Portfolio Pulse from Benzinga Newsdesk
Telos Corp projects its Q1 revenue to be between $28M-$29M, which is below the estimated $33.06M. The company also anticipates a year-over-year revenue decline of 18% to 21% and expects its adjusted EBITDA to range from -$5.5M to -$5.0M.
March 15, 2024 | 12:05 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Telos Corp expects Q1 revenue to fall short of estimates at $28M-$29M, with a significant YoY decline and a negative adjusted EBITDA.
The projected revenue shortfall and negative adjusted EBITDA indicate potential financial challenges for Telos Corp, likely leading to a negative short-term impact on its stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100