Telos (TLS) Q1 2026 Earnings Call Transcript

Motley Fool Transcribing, The Motley Fool

Mon, May 11, 2026 astatine 9:38 AM CDT 17 min read

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DATE

May 11, 2026, 9:30 a.m. ET

CALL PARTICIPANTS

• Chief Financial Officer and Executive Vice President — G. Mark Bendza

• Executive Vice President of Security Solutions — Mark D. Griffin

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Full Conference Call Transcript

G. Mark Bendza volition statesman with remarks connected our archetypal 4th results and full-year outlook. We volition past unfastened the enactment for Q&A, wherever Mark D. Griffin volition besides articulation us. The archetypal 4th fiscal results were issued earlier contiguous and are posted connected the Telos Corporation Investor Relations website wherever this telephone is being simultaneously webcast. Additionally, we person provided presumption slides connected our Investor Relations website. Before we begin, we privation to stress that immoderate of our statements connected this call, including each of those relating to 2026 institution performance, plans, and operations, are forward-looking statements and are made nether the harmless harbor provisions of the national securities laws.

These statements are based connected existent expectations and assumptions that are taxable to risks and uncertainties. Actual results could materially disagree for assorted reasons, including the factors described successful today’s fiscal results summary and the comments made during this league telephone and successful our SEC filings. We bash not undertake immoderate work to update immoderate forward-looking statements. In addition, during today’s call, we volition sermon non-GAAP fiscal measures we judge are utile arsenic supplemental and clarifying measures to assistance investors recognize Telos Corporation’s fiscal performance. These non-GAAP fiscal measures should beryllium considered successful summation to and not arsenic a substitute for oregon successful isolation from GAAP results.

You tin find further disclosures regarding these non-GAAP measures, including reconciliations with comparable GAAP results, successful our archetypal 4th results summary and connected the Investor Relations information of our website. Please besides enactment that fiscal comparisons are year-over-year unless different specified. The webcast replay of this telephone volition beryllium disposable connected our institution website nether the Investor Relations link. With that, I volition crook the telephone implicit to G. Mark Bendza. Thank you, and bully morning, everyone.

G. Mark Bendza: Before we begin, I would similar to code our April 29 announcement regarding our Chairman and CEO, John B. Wood. John is presently connected a aesculapian permission of absence, and we privation him a afloat and speedy recovery. In the interim, autarkic manager Fred Schaufeld has assumed the relation of Chairman of the Board. In addition, the company’s 3 enforcement vice presidents—General Counsel Hutch Robbins, EVP of Security Solutions Mark D. Griffin, and I—have jointly assumed John’s responsibilities to guarantee seamless continuity of operations. This interim enactment operation is functioning arsenic intended, and our teams stay afloat aligned and focused connected execution.