Telos Corporation reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported revenue was USD 41.06 million compared to USD 47.34 million a year ago. Net loss was USD 6.98 million compared to USD 14.2 million a year ago. Basic loss per share from continuing operations was USD 0.1 compared to USD 0.21 a year ago. Diluted loss per share from continuing operations was USD 0.1 compared to USD 0.21 a year ago.

For the full year, the company reported revenue was USD 145.38 million compared to USD 216.89 million a year ago. Net loss was USD 34.42 million compared to USD 53.43 million a year ago. Basic loss per share from continuing operations was USD 0.5 compared to USD 0.79 a year ago. Diluted loss per share from continuing operations was USD 0.5 compared to USD 0.79 a year ago.