Telos Corp Expects Q3 Revenue Of $22M-$24M Vs $29.4M Est
Portfolio Pulse from Benzinga Newsdesk
Telos Corp (TLS) has announced its Q3 2024 revenue expectations to be between $22 million and $24 million, significantly lower than the estimated $29.4 million. This represents a year-over-year decline of 34% to 39%.
August 09, 2024 | 12:01 pm
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Telos Corp (TLS) has announced its Q3 2024 revenue expectations to be between $22 million and $24 million, significantly lower than the estimated $29.4 million. This represents a year-over-year decline of 34% to 39%.
The significant miss on revenue expectations and the substantial year-over-year decline are likely to negatively impact investor sentiment and the stock price in the short term.
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