Telos Q2 2024 Adj. EPS $(0.09) Beats $(0.14) Estimate, Sales $28.498M Beat $26.454M Estimate
Portfolio Pulse from Benzinga Newsdesk
Telos Corporation (TLS) reported its Q2 2024 financial results, with an adjusted EPS of $(0.09), beating the estimate of $(0.14). Sales were $28.498 million, surpassing the expected $26.454 million.
August 09, 2024 | 11:59 am
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Telos Corporation (TLS) reported better-than-expected Q2 2024 results, with an adjusted EPS of $(0.09) beating the $(0.14) estimate and sales of $28.498 million surpassing the $26.454 million estimate.
The better-than-expected earnings and sales figures are likely to positively impact Telos Corporation's stock price in the short term. Beating both EPS and sales estimates typically boosts investor confidence and can lead to a stock price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100