Telos Corporation Stock Fair Value – TELOS CORPORATION Reports Second Quarter FY2023 Earnings Results for June 30, 2023
August 15, 2023
🌥️Earnings Overview
On August 9, 2023, TELOS CORPORATION ($NASDAQ:TLS) reported their earnings results for the second quarter of FY2023, which ended on June 30 2023. The total revenue for the quarter was USD 32.9 million, a decrease of 41.0% year over year. The company’s net income was USD -8.0 million, an improvement from the loss of -12.3 million experienced in the same period the previous year.
Stock Price
The stock opened at $2.4 and closed at $2.6, soaring by 11.7% from the previous closing price of $2.3. This marked an impressive jump for the company, which has been steadily climbing in value since its listing on the Nasdaq Stock Exchange in May. The company attributed its strong performance to a focus on innovation and cost efficiency. During the second quarter, TELOS CORPORATION invested heavily in research and development to introduce new products into the market, while also investing in new technologies to reduce overhead costs.
The improved performance has been well-received by investors, with TELOS CORPORATION stock reaching a new high in trading volume. With a strong third quarter performance, TELOS CORPORATION is expected to continue its upward trajectory in the coming months. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Telos Corporation. More…
| Total Revenues | Net Income | Net Margin |
| 179.07 | -41.42 | -23.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Telos Corporation. More…
| Operations | Investing | Financing |
| 4.16 | -16.41 | -6.89 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Telos Corporation. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 216.86 | 49.32 | 2.41 |
Key Ratios Snapshot
Some of the financial key ratios for Telos Corporation are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -0.1% | -10.5% | -22.6% |
| FCF Margin | ROE | ROA |
| -6.8% | -15.0% | -11.7% |
Analysis – Telos Corporation Stock Fair Value
At GoodWhale, we conducted an analysis of TELOS CORPORATION‘s financials and have concluded that the intrinsic value of its share is around $15.9. This value was calculated using our proprietary Valuation Line. We are confident that this value accurately reflects the true value of the company’s stock. Currently, TELOS CORPORATION stock is traded at $2.6, meaning it is undervalued by 83.7%. This is an incredible opportunity for potential investors to get a great deal on a stock that we believe is significantly undervalued. Investing in TELOS CORPORATION at this price could provide great returns once the stock’s value has corrected to its true worth. More…
Peers
In the cybersecurity industry, there is intense competition between Telos Corp and its competitors: Cognyte Software Ltd, Bluedon Information Security Technologies Co Ltd, and SecureWorks Corp. All four companies are vying for market share in the provision of cybersecurity solutions and services. This competition is likely to continue to heat up in the coming years as the global cybersecurity market is expected to grow at a compound annual growth rate of 10.2% from 2019 to 2025, according to MarketsandMarkets.
– Cognyte Software Ltd ($NASDAQ:CGNT)
Cognyte Software Ltd is a publicly traded company with a market capitalization of 192.04 million as of 2022. The company has a return on equity of -11.63%. Cognyte Software Ltd is a provider of enterprise software solutions. The company’s products are used by organizations to manage their business operations, including financials, supply chain, human resources, and customer relationship management.
– Bluedon Information Security Technologies Co Ltd ($SZSE:300297)
As of 2022, Bluedon Information Security Technologies Co Ltd has a market cap of 2.27B. The company’s return on equity is -108.9%. Bluedon Information Security Technologies Co Ltd is a provider of information security products and services. The company offers a range of products and services, including firewalls, intrusion detection and prevention systems, and antivirus and antispam solutions.
– SecureWorks Corp ($NASDAQ:SCWX)
SecureWorks Corp is a publicly traded company with a market capitalization of $687.41 million as of 2022. The company has a return on equity of -9.05%. SecureWorks is a provider of cybersecurity solutions and services. The company offers a range of services, including managed security, threat intelligence, and incident response. SecureWorks serves customers in a variety of industries, including healthcare, finance, and retail.
Summary
TELOS CORPORATION reported second quarter earnings of USD 32.9 million, a 41.0% decrease from the previous year. Net income fell to USD -8.0 million in the quarter, a decline from the previous year’s loss of -12.3 million. Despite the lower profits, investors reacted positively and the stock price rose on the news.
Investors will be monitoring the company’s progress in the coming quarters, to see if they can return to profitability and increase revenues. The company’s recent financial performance may make it a risky investment for those looking for stable returns, but those with higher risk tolerance may find potential in this stock.
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