Telos Corporation reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was USD 32.91 million compared to USD 55.79 million a year ago. Net loss was USD 8.02 million compared to USD 14.16 million a year ago. Basic loss per share from continuing operations was USD 0.12 compared to USD 0.21 a year ago. Diluted loss per share from continuing operations was USD 0.12 compared to USD 0.21 a year ago.
For the six months, revenue was USD 68.13 million compared to USD 105.95 million a year ago. Net loss was USD 18.77 million compared to USD 30.78 million a year ago. Basic loss per share from continuing operations was USD 0.27 compared to USD 0.45 a year ago. Diluted loss per share from continuing operations was USD 0.27 compared to USD 0.45 a year ago.