Unisys

Unisys Corp. is an information technology solutions company that delivers successful outcomes for the most demanding businesses and governments. The firm offers digital workplace solutions, cloud and infrastructure solutions, enterprise computing solutions and business process solutions. It operates through the following business segments: Digital Workplace Solutions (DWS), Cloud & Infrastructure Solutions (C&I), and Enterprise Computing Solutions (ECS). The Digital Workplace Solutions segment provides solutions that transform digital workplaces securely and create exceptional end-user experiences. The Cloud & Infrastructure segment provides solutions that drive modern IT service platforms, cloud applications development, intelligent services, and cybersecurity services. The Enterprise Computing Solutions segment provides solutions that harness secure, continuous high-intensity computing and enable digital services through software-defined operating environments. The company was founded in 1986 and is headquartered in Blue Bell, PA.

Earnings data Q1 2021

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Unisys reports solid Q4 earnings, anticipates revenue decline in 2023

Unisys delivered solid financial performance in Q4 2022, with revenue growth and exceeding guidance ranges. While challenges lie ahead with expected revenue declines in 2023, the company is focusing on higher-margin solutions and cost management. Opportunities in expanding cargo services and investing in Next-Gen solutions position Unisys for future growth.

Unisys reports robust Q1 performance, eyes mid-market growth opportunities

Unisys' Q1 2023 showcased strong revenue growth, margin expansion, and pipeline growth. Challenges include market share decline in financial services and caution in certain segments. Opportunities exist in mid-market focus and next-gen solutions.

Unisys surpasses Q2 revenue expectations, focuses on innovation and efficiency

Unisys delivered strong performance in Q2 2023, with a focus on innovation, workforce efficiency, and strategic client relationships. While facing challenges in contract signings and margin decline, the company remains optimistic about revenue guidance and free cash flow improvement. Opportunities lie in expanding the Ex-L&S portfolio and capitalizing on renewals and new client acquisitions.

Unisys reports solid Q3 earnings, eyes growth in technology advancements

Unisys delivered strong financial performance in Q3 2023, with raised guidance and positive revenue trends.
While facing challenges such as low renewals and revenue reversals, the company is leveraging opportunities in technology and client relationships.
Improved cash flow and strategic initiatives position Unisys for future growth and stability in revenue streams.
Overall, Unisys is navigating market dynamics effectively and focusing on sustainable growth strategies.

Unisys reports solid 2023 performance, eyes profitability and cost management

Unisys had a successful year in 2023 with revenue growth and operational improvements, despite reporting a GAAP net loss due to pension actions
The company's focus on client relationships, innovation, and cost management positions it well for future growth and profitability in 2024
Challenges include revenue growth expectations for 2024, sector-specific spending trends, and ongoing pension liability management efforts
Opportunities lie in reducing pension obligations, driving revenue growth through AI demand, and expanding market presence for increased profitability

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Unisys Corp. is an information technology solutions company, which engages in the provision of digital workplace solutions, cloud and infrastructure solutions, enterprise computing solutions, and business process solutions. It operates through the following business segments: Digital Workplace Solutions, Cloud, Applications, and Infrastructure Solutions, and Enterprise Computing Solutions. The Digital Workplace Solutions segment provides modern and traditional workplace solutions. The Cloud, Applications, and Infrastructure Solutions segment provides digital platform, applications, and infrastructure solutions. The Enterprise Computing Solutions segment provides solutions that harness continuous high-intensity computing and enable digital services through software-defined operating environments. The company was founded in 1986 and is headquartered in Blue Bell, PA.

BLUE BELL, Pa. , Dec. 14, 2023 /PRNewswire/ -- Unisys (NYSE: UIS) announced in a previous statement released on November 27, 2023, annuity purchase agreements to transfer a portion of its U.S. pension obligations.

Unisys Revises Estimate of One-Time, Non-Cash, Pre-Tax Settlement Charge Related to Previously Announced Purchase of Group Annuity Contracts

The only service provider to be named a leader in all U.S. quadrants, Unisys awarded 22 leader designations across six regions for its commitment to employee experience and adoption of emerging technology BLUE BELL, Pa. , Dec. 13, 2023 /PRNewswire/ -- Unisys (NYSE: UIS) has been recognized as a leader in the 2023 ISG Provider Lens™️ Future of Work (Workplace) – Services and Solutions Report.

Unisys Named a Leader in 2023 ISG Provider Lens™️ Future of Work (Workplace) -- Services and Solutions Report (Global)

Leveraging emerging technologies to optimize processes, enhance the employee experience and promote sustainability earns Unisys 'leader' honor in inaugural report BLUE BELL, Pa. , Dec. 1, 2023 /PRNewswire/ -- Unisys  (NYSE: UIS) has been named a leader by prominent management consulting firm Avasant in its inaugural End-User Computing Services 2023 RadarView™ report.

Unisys Recognized by Avasant as a Leader in Its End-User Computing Services 2023 RadarView™ Report

F&G Annuities & Life Inc

This agreement marks the fourth U.S. retiree buyout since the beginning of 2021 and reflects a continuation of efforts to reduce pension liabilities, volatility and cost while securing retiree pension benefits with highly-rated insurance companies BLUE BELL, Pa. , Nov. 27, 2023 /PRNewswire/ -- Unisys (NYSE: UIS) today announced it has closed agreements with F&G Annuities & Life, Inc. (NYSE: FG) ("F&G") to purchase group annuity contracts totaling approximately $250 million through which Unisys will transfer projected benefit obligations valued at a similar amount related to certain retirees under one of the company's U.S. pension plans to F&G.

Unisys Transfers a Portion of its U.S. Defined Benefit Pension Obligations to F&G Through $250 Million of Group Annuity Contracts

NEW YORK--(BUSINESS WIRE)-- #A--Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Unisys Corporation (NYSE: UIS) on behalf of long-term stockholders following a class action complaint that was filed against Unisys on November 11, 2022 with a Class Period from August 3, 2022 to November 7, 2022. Our investigation concerns whether the board of directors of Unisys have breached their fiduciary duties to the company. Unisys, t.

UNISYS ALERT: Bragar Eagel & Squire, P.C. is Investigating Unisys Corporation on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm

Unisys Corporation (UIS) Q3 2023 Earnings Call Transcript

Company Raises Full-Year Guidance for Revenue Growth and Profitability Revenue up 0.7% year over year (YoY), or a decline of 1.4% YoY in constant currency(1) Excluding License and Support (Ex-L&S)(14), revenue growth of 6.2% YoY, or growth of 4.1% in constant currency Ex-L&S pipeline(3) growth of 18% YoY, Next-Gen Solutions(6) pipeline growth of 50% YoY Unisys raises full-year guidance for 2023; now expects constant currency revenue growth of 0% to 1.5%, non-GAAP operating profit(7) margin of 5.0% to 6.0% and adjusted EBITDA(8) margin of 12.5% to 13.5% BLUE BELL, Pa. , Nov. 6, 2023 /PRNewswire/ -- Unisys (NYSE: UIS) today reported financial results for the third quarter ended September 30, 2023.

Unisys Announces 3Q23 Results

Unisys was among eight companies awarded for value-focused management, improved outcomes BLUE BELL, Pa. , Nov. 2, 2023 /PRNewswire/ -- Unisys (NYSE: UIS) has been recognized as a 2023 Value Champion by the Association of Corporate Counsel (ACC) for their legal department's successful shift from a cost center to being a data-driven partner to the business, resulting in greater efficiencies and reduced external spend.

Unisys Named 2023 Value Champion by Association of Corporate Counsel for Legal Department Transformation

BLUE BELL, Pa. , Nov. 1, 2023 /PRNewswire/ --  Unisys  (NYSE: UIS) and its brand agency of record, Landor & Fitch, were recognized with three Gold awards and one Highly Commended recognition at the Transform Awards North America 2023 for their comprehensive brand transformation work.

Unisys Brand Transformation Work Shines with Three Gold Awards at Transform Awards North America 2023

BLUE BELL, Pa. , Oct. 23, 2023 /PRNewswire/ -- Unisys (NYSE: UIS) announces the date for its third-quarter 2023 financial results and conference call and its participation in an upcoming investor conference.

Unisys Announces Third-Quarter 2023 Financial Results and Conference Call Date and Participation in Upcoming Investor Conference

The program's next iteration will focus on emerging, solution-oriented technologies such as artificial intelligence, quantum computing and data analytics BENGALURU, India, and BLUE BELL, Pa. , Oct. 18, 2023 /PRNewswire/ -- Unisys (NYSE: UIS) has opened registration for its fifteenth annual Unisys Innovation Program (UIP), the company's flagship technical project competition for engineering students in India.

Unisys Opens Registration for Its 15th Annual Unisys Innovation Program

Quantum maximizes capacity, translating it into time and cost savings; solution produces industry-specific analyses in seconds BLUE BELL, Pa. , Oct. 16, 2023 /PRNewswire/ -- Unisys (NYSE: UIS) has unveiled Unisys Logistics Optimization™, a new quantum-powered solution designed to help organizations solve complex logistics optimization challenges in seconds.

Unisys Debuts Quantum-Powered Solution that Tackles Complex Logistics Optimization Challenges

Expanded digital workplace services, strategic partnerships and investments in emerging technologies earn global tech company 'leader' title for a second consecutive year BLUE BELL, Pa. , Sept. 25, 2023 /PRNewswire/ -- Unisys  (NYSE: UIS) has been named a leader by prominent management consulting firm Avasant in its Digital Workplace Services 2023 RadarView™ report.

Avasant Recognizes Unisys as a Leader in its Digital Workplace Services 2023 RadarView™ Report

Unisys is recognized for implementing secure hybrid cloud infrastructure at California State University, leading to increased graduation rates and cost savings BLUE BELL, Pa. , Sept. 22, 2023 /PRNewswire/ -- Unisys  (NYSE: UIS) received the Workplace of the Future award, one of the categories in the  2023 ISG Paragon Awards™  North America, sponsored by the leading global technology research and advisory firm, Information Services Group (ISG).

Unisys Wins Workplace of the Future 2023 ISG Paragon Award for North America

BLUE BELL, Pa., Sept. 20, 2023 /PRNewswire/ -- Unisys (NYSE: UIS) announces that the company's Chair and CEO, Peter Altabef, and Dwayne Allen, senior vice president and chief technology officer, will participate in a fireside chat focused on the evolution of AI within IT services at the Virtual Tech Conference Series: Emerging Growth in AI event, presented by Maxim Group LLC.

Unisys Chair and CEO Peter Altabef and Chief Technology Officer Dwayne Allen to Participate at Maxim Group's Emerging Growth in AI Virtual Tech Conference Series

Unisys Corporation provides enterprise computing and cloud infrastructure services to mid-sized and large enterprises worldwide. Client decision delays continue to hinder Unisys' efforts to return to revenue growth. The company's financial position is strong; 2023's expected revenue drop is less than 2022's decline.

Unisys Aims For Next-Gen Solutions Growth And Employee Productivity Gains

ISG recognized Unisys for its robust managed hosting and services work in the U.S. midmarket, U.S. public sector and U.K. midmarket quadrant reports BLUE BELL, Pa. , Aug. 28, 2023 /PRNewswire/ -- Unisys (NYSE: UIS) has been named a leader by the global technology research and advisory firm Information Services Group (ISG) in its 2023 ISG Provider Lens™ Private/Hybrid Cloud – Data Center Services quadrant reports.

Information Services Group (ISG) Names Unisys a Leader in Private/Hybrid Cloud-Data Center Services Reports

Global technology company recognized by Forbes for second consecutive year  BLUE BELL, Pa. , Aug. 14, 2023 /PRNewswire/ -- Unisys (NYSE: UIS) has been recognized by Forbes in its 2023 America's Best Employers for Women list.

Best Employers for Women Unveiled: Unisys Makes Top 100

Accomplished executive brings decades of senior legal experience and expertise to Unisys BLUE BELL, Pa. , Aug. 7, 2023 /PRNewswire/ -- Unisys  (NYSE: UIS) announced the appointment of Kristen Prohl as the company's general counsel and chief administrative officer, effective immediately.

Unisys Names Kristen Prohl as General Counsel and Chief Administrative Officer

Unisys Corporation (NYSE:UIS ) Q2 2023 Earnings Conference Call August 2, 2023 8:00 AM ET Company Participants Michaela Pewarski - VP, IR Peter Altabef - Chairman & CEO Debra McCann - EVP & CFO Michael Thomson - COO & President Conference Call Participants Rod Bourgeois - DeepDive Equity Research Joseph Vafi - Canaccord Genuity Anja Soderstrom - Sidoti & Company Arun Seshadri - Crédit Suisse Matthew Galinko - Maxim Group Operator Good day, and welcome to the Unisys Corporation Second Quarter 2023 Earnings Conference Call. [Operator Instructions].

Unisys Corporation (UIS) Q2 2023 Earnings Call Transcript

Next-Gen Solutions Drive Strong Growth in Pipeline; Company Reaffirms Full-Year Guidance Revenue decline of 7.4% year over year (YoY), or a decline of 6.3% YoY in constant currency(1) due to anticipated lower License and Support (L&S) renewals Excluding License and Support (Ex-L&S)(14), revenue growth of 4.9% YoY, or growth of 6.5% in constant currency Gross profit margin of 24.3%, down 450 bps, Ex-L&S gross margin of 16.0%, up 560 bps Ex-L&S pipeline(3) growth of 22% YoY and 15% quarter over quarter (QoQ) Next-Gen Solutions(7) pipeline growth of 55% YoY and 25% QoQ BLUE BELL, Pa. , Aug. 1, 2023 /PRNewswire/ -- Unisys (NYSE: UIS) today reported financial results for the second quarter ended June 30, 2023.

Unisys Announces 2Q23 Results

Company earns top score, demonstrating its strong dedication to inclusion and diversity in the workplace BLUE BELL, Pa. , July 27, 2023 /PRNewswire/ -- For the third year in a row, Unisys  (NYSE: UIS) received a top score of 100 in the 2023 Disability Equality Index, demonstrating its commitment to fostering an inclusive workplace.

Unisys Recognized as a "Best Place to Work for Disability Inclusion" on the 2023 Disability Equality Index for Third Consecutive Year

BLUE BELL, Pa. , July 18, 2023 /PRNewswire/ -- Unisys (NYSE: UIS) announces the dates for its second-quarter 2023 financial results and conference call and its participation in an upcoming investor conference.

Unisys Announces Second-Quarter 2023 Financial Results and Conference Call Dates and Participation in Upcoming Investor Conference

Barriers to propelling a new age of business transformation include tension between IT and the C-suite and ethical considerations around AI BLUE BELL, Pa. , June 27, 2023 /PRNewswire/ -- Unisys (NYSE: UIS) released a new report that profiles the role of IT, cloud, and AI as business transformation continues to evolve.

Economic Pressures No Match for Cloud Investment Finds Unisys Research: 65% of Enterprises Plan to Increase Spend in the Next Two Years

BLUE BELL, Pa., June 16, 2023 /PRNewswire/ -- On Thursday, Unisys (NYSE: UIS) hosted their Investor Day in New York City, where close to 50 in-person and virtual attendees learned from Unisys senior leadership about the company's strategic vision, portfolio of enhanced solutions and its multi-year financial targets.

News for Unisys Stock (UIS)