# Telos reports $58 million in new bookings as it exits software resale

_Published Monday, November 9, 2026 at 2:07 PM EST · Security · Latest · Tier 2 — Notable_

![Telos reports $58 million in new bookings as it exits software resale — Primary](https://s.yimg.com/lo/mysterio/api/d179761d484fec064a00126f6b600ce5a420679b48b7fb9d84c755a48a5f7f7f/lightyear_networkapi/resizefill_w1200%3Bquality_80%3Bformat_webp/https%3A%2F%2Fmedia.zenfs.com%2Fen%2Fmarketbeat_955%2F4adcead4b51cb3d12ca030659e1ef988.png_up.jpg)

Telos reported $58 million in new Xacta and services bookings from Information Assurance wins, with about $6 million of revenue expected in 2026 and $20 million in 2027, Yahoo Finance reported. The cybersecurity and identity services company expects these gains and other opportunities to offset much of a projected $32 million revenue decline in 2027 as it phases out low-margin software resale.

Telos expects removing resale to improve gross margin by about 600 basis points on a full-year run-rate basis. It also raised its 2026 revenue outlook to $198.2 million-$200.7 million after reporting third-quarter revenue of $55.2 million.

## Sources

- [Yahoo Finance](https://finance.yahoo.com/technology/articles/telos-tls-said-q3-earnings-181456919.html)

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Canonical: https://techandbusiness.org/newswire/a-oUgyWtiRB7vxmhLp1ICT
Published: 2026-11-09T19:07:20.511Z
Story chronology: 2026-11-09T18:14:56.000Z
Retrieved: 2026-11-09T20:58:33.857Z
Publisher: Tech & Business (techandbusiness.org)