Gold prices steady ahead of Fed decision, Trump’s tariff deadline
ASHBURN, Va. - Telos Corporation (NASDAQ:TLS), a cybersecurity solutions provider with a strong balance sheet showing more cash than debt and a healthy current ratio of 4.0, announced Tuesday that its Xacta cyber governance, risk and compliance platform has received Federal Risk and Authorization Management Program (FedRAMP) authorization at the High impact level. According to InvestingPro analysis, the company appears undervalued at current levels, despite recent market challenges.
The authorization allows federal agencies to use the software-as-a-service version of Xacta for handling sensitive government information, including financial data, healthcare records and personally identifiable information.
FedRAMP is a U.S. government program that provides a standardized approach to security assessment and authorization for cloud products and services. The High impact level represents the most stringent security requirements within the program.
"Securing the FedRAMP High designation is a significant milestone for both Telos and our customers," said John B. Wood, CEO and chairman of Telos.
With this certification, Telos is now listed in the FedRAMP Marketplace as an Authorized vendor, indicating the platform has met all necessary security assessment criteria for sensitive government operations.
The Xacta platform features automated control selection and assessment, continuous compliance monitoring, and a knowledge base of security requirements cross-referenced to government and industry standards.
Earlier this year, the company also received StateRAMP High authorization for the platform, positioning it for use by state and local government agencies.
Telos Corporation provides cybersecurity solutions for IT risk management, cloud security, and enterprise security to commercial enterprises, regulated industries and government customers.
The announcement was based on a press release statement issued by the company. With the stock down nearly 12% over the past week and trading significantly below its 52-week high of $4.82, investors seeking detailed analysis can access comprehensive financial metrics and additional ProTips through InvestingPro’s exclusive research report, part of its coverage of over 1,400 US equities.
In other recent news, Telos Corporation reported its Q1 2025 financial results, revealing a 16% sequential growth in revenue, reaching $30.6 million. However, the company’s earnings per share (EPS) fell short of analyst expectations, which contributed to a negative market reaction. The Security Solutions segment showed significant growth, increasing revenue by 18%. Despite the earnings miss, Telos is optimistic about accelerated growth in the latter half of 2025, with projections of revenue between $32.5 million and $34.5 million for Q2 2025. In addition to its financial results, Telos secured a $14 million contract with the Defense Information Systems Agency (DISA) for the Organizational Messaging Service. This five-year contract involves support services for the Telos Automated Message Handling System, reinforcing the company’s role in secure communications. The company is also expanding its TSA PreCheck enrollment network, aiming for 500 locations by the end of the year. Analysts from firms like B. Riley Securities and D.A. Davidson have expressed interest in Telos’s strategic initiatives, noting the robust business pipeline and potential growth opportunities.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.