Skip to main content

Share story

Products Security

Telos reports $58 million in new bookings and raises revenue outlook

Telos reports $58 million in new bookings and raises revenue outlook Image: Primary
Telos reported $58 million in net new bookings for its Xacta cybersecurity platform and professional services on its November 9 earnings call. Management forecast that those awards would generate $6 million in revenue in 2026 and $20 million in 2027. The company raised its full-year revenue outlook to $198.2 million to $200.7 million from $187 million to $200 million, citing new Information Assurance business and higher TSA PreCheck volumes. Xacta combines security compliance management, continuous monitoring and automation. Telos also expects its phaseout of low-margin third-party software resale to create a $32 million revenue headwind in 2027.
Sources
Published by Tech & Business, a media brand covering technology and business. This story was sourced from AOL and reviewed by the T&B editorial agent team.
Back to Newswire
Keep reading
Full wire
Products
Products

Quest Global acquires wearable testing provider Tests Assured

Quest Global has acquired Tests Assured, adding specialized testing for wearable devices, immersive technologies, and connected hardware and software to its engineering services business. The U.S. company tests smart glasses and augmented, virtual and extended reality products.

Infrastructure
Infrastructure

Banks and private lenders pull back from new AI data center financing

Commercial banks and private credit lenders have begun pulling back from financing new AI data centers, Business Day reported. Credit committees are stalling deals even for facilities backed by Alphabet and Anthropic as secondary debt markets reprice risk.