Why Telos Stock Popped Today

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Shares of Telos Corporation (NASDAQ: TLS) rose today after the company reported better-than-expected results in the company’s fourth quarter. 

Shares of the tech stock were up by 19.1% as of 3:18 p.m. EDT.

Telos’ diluted earnings per share of $0.08 easily outpaced Wall Street’s consensus estimate of a loss of $0.10 per share in the quarter. Additionally, the company’s revenue of $44.9 million inched past analysts’ consensus estimate of $44.7 million.

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