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.

From recycling more than 200,000 pounds of end-of-life electronics to board diversity, Unisys remains committed to bold breakthroughs BLUE BELL, Pa. , June 13, 2023 /PRNewswire/ --  Unisys  (NYSE: UIS) announces the release of the company's 2022 Sustainability Report , detailing the progress made in the past year towards achieving the environmental, social, and governance (ESG) goals of the organization.

Unisys Releases 2022 Sustainability Report Highlighting Progress in ESG Performance

Global analyst firm acknowledges Unisys for investment in AI/ML-enabled client journeys and organizational change management focus BLUE BELL, Pa. , June 8, 2023 /PRNewswire/ -- Unisys (NYSE: UIS) has been named a leader in the 2023 Cognitive & Self-Healing IT Infrastructure Management report, recently published by global analyst firm NelsonHall.

NelsonHall Recognizes Unisys as a Leader in Cognitive & Self-Healing IT Infrastructure Management Assessment

Unisys annual flagship event in India connects aspiring innovators with business leaders to foster new technology and ideas BENGALURU, India and BLUE BELL, Pa. , May 18, 2023 /PRNewswire/ -- Unisys (NYSE: UIS) announces the winners of the company's annual technical project competition for engineering students in India – the Unisys Innovation Program (UIP).

Unisys Innovation Program (UIP) Announces This Year's Winners

The 2023 HDI Awards honor the 'best of the best' during SupportWorld Live BLUE BELL, Pa. , May 4, 2023 /PRNewswire/ -- Unisys  (NYSE: UIS) has been awarded the HDI Awards for "Best Service and Support Culture" and "Best Service and Support Organization.

Unisys Wins Two HDI Awards for Exceptional Service and Support Teams

The tech sector veteran wowed the market with a sparkling first-quarter earnings report. It notched a powerful beat on the bottom line, and also topped expectations for revenue.

Why Unisys Stock Rocketed Nearly 26% Higher Today

Unisys Corporation (NYSE:UIS ) Q1 2023 Earnings Conference Call May 3, 2023 8:00 AM ET Company Participants Michaela Pewarski – Vice President of Investor Relations Peter Altabef – Chair and Chief Executive Officer Deb McCann – Chief Financial Officer Mike Thomson – Chief Operating Officer Conference Call Participants Rod Bourgeois – DeepDive Equity Research Pallav Saini – Canaccord Genuity Anja Soderstrom – Sidoti Matthew Galinko – Maxim Group Operator Good morning, and welcome to the Unisys Corporation First Quarter 2023 Earnings Call. All participants will be in listen-only mode.

Unisys Corporation (UIS) Q1 2023 Earnings Call Transcript

Unisys Reiterates Full-Year Guidance and Reports Solid First Quarter Results Revenue increased 15.6% year over year (YoY), or 18.9% YoY in constant currency(1) Excluding License and Support (Ex-L&S)(13), revenue increased 1.7% YoY, or 4.6% in constant currency Gross profit of $159.0M vs. $87.4M in 1Q22, an increase of 81.9% YoY Operating profit margin of 9.7%, non-GAAP operating profit(8) margin of 11.6% GAAP net loss of $175.4M and diluted loss per share of $2.58, includes $183.2M non-cash pension settlement charge Non-GAAP net income(10) of $34.7M and Non-GAAP diluted earnings per share of $0.51 Total company pipeline(3) grew 6% YoY and 15% sequentially Next-Gen Solutions (7) pipeline grew 16% YoY and 34% sequentially BLUE BELL, Pa.

Unisys Announces 1Q23 Results

Members of the senior leadership team to present on Unisys strategy and financial objectives BLUE BELL, Pa. , May 1, 2023 /PRNewswire/ -- Unisys (NYSE: UIS) announces that it will host an Investor Day for institutional investors and financial analysts on Thursday, June 15, 2023, at the New York Downtown Marriott in New York City.

Unisys Announces 2023 Investor Day

Company ranked in the top 20 of IT, Internet, Software & Services companies on 2023 list BLUE BELL, Pa. , April 27, 2023 /PRNewswire/ -- Unisys (NYSE: UIS) has been recognized by Forbes in its 2023 America's Best Employers for Diversity List.

Forbes Names Unisys to America's Best Employers for Diversity List

BLUE BELL, Pa. , April 17, 2023 /PRNewswire/ -- Unisys Corporation (NYSE: UIS) today announces the dates for its first-quarter 2023 financial results and conference call, and its participation in upcoming investor conferences.

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

F&G Annuities & Life Inc

This agreement marks the third U.S. retiree buyout since 2021 and reflects continuation of efforts to reduce pension liabilities, volatility and cost while securing retiree pension benefits with highly-rated insurance companies BLUE BELL, Pa. , March 23, 2023 /PRNewswire/ -- Unisys Corporation (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 $265 million through which Unisys will transfer projected benefit obligations valued slightly less than this 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 a nearly $265 Million Annuity Contract

BLUE BELL, Pa. , March 20, 2023 /PRNewswire/ -- Unisys Corporation (NYSE: UIS) today announced its participation in the Sidoti Small Cap Virtual Investor Conference.

Unisys Announces Fireside Chat at the Sidoti Small Cap Virtual Investor Conference

Unisys Corporation reported its Q4 2022 financial results on February 22, 2023. The company provides digital workplace and various cloud computing solutions to organizations worldwide.

Unisys Sees Tepid 2023 While It Pursues Next-Gen Solutions Growth

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New research in partnership with HFS, "From Surviving to Thriving in Hybrid Work", uncovers insights related to workplace culture and technology BLUE BELL, Pa. , March 7, 2023 /PRNewswire/ -- Unisys Corporation's (NYSE: UIS) new research — "From Surviving to Thriving in Hybrid Work", conducted in partnership with leading global research consultancy HFS Research — provides a roadmap for employers to drive employee productivity and engagement.

Unisys Research Reveals that 49% of Employees Lose One to Five Hours of Productivity Weekly Due to IT Issues

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Why Shares of Unisys, Organogenesis, and Motorcar Parts of America Fell Today

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Shares of IT services firm Unisys Corp tumbled 16.7% on Monday and shares of embattled home goods retailer Bed Bath & Beyond Inc fell about 4% after it was announced they will be removed from the small-cap S&P 600 index in two weeks.

Unisys, Bed Bath & Beyond slide after removal from small-cap index

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NEW YORK , March 3, 2023 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400 and S&P SmallCap 600 indices effective prior to the open of trading on Monday, March 20, to coincide with the quarterly rebalance. The changes are being made to ensure each index is more representative of its market capitalization range.

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Unisys Corp (NYSE:UIS ) Q4 2022 Earnings Conference Call February 23, 2023 8:00 AM ET Company Participants Michaela Pewarski - VP, IR Peter Altabef - Chairman & CEO Debra McCann - EVP & CFO Michael Thomson - President & COO Conference Call Participants Rod Bourgeois - DeepDive Equity Research Joseph Vafi - Canaccord Genuity Matthew Galinko - Maxim Group Operator Good morning, and welcome to the Unisys Fourth Quarter and Full Year 2022 Financial Results Conference Call. [Operator Instructions].

Unisys Corp (UIS) Q4 2022 Earnings Call Transcript

Solid Fourth Quarter Performance with Expansion in Next-Gen (7)  Solutions 4Q revenue increased 3.3% year over year (YoY) and 7.0% in constant currency(1) Full-year revenue declined 3.6% YoY and grew 0.1% in constant currency 4Q GAAP operating profit margin of 9.0%; non-GAAP operating profit margin(8) of 20.2% Full-year GAAP operating profit margin of 2.6%; non-GAAP operating profit margin of 8.0% 4Q total company pipeline(3) growth of 15% YoY Full year book-to-bill(6) of 1.1x in 2022, up from 0.8x in 2021 Year-end global GAAP pension deficit improvement of approximately $210M Company issues full-year 2023 guidance of (3.0%) to (7.0%) YoY constant currency revenue growth, 2.0% to 4.0% non-GAAP operating margin, and 9.5% to 11.5% adjusted EBITDA margin Guidance reflects expectations for (1%) to 4% constant currency revenue growth excluding License and Support (L&S) revenue within Enterprise Computing Solutions BLUE BELL, Pa. , Feb. 22, 2023 /PRNewswire/ -- Unisys Corporation (NYSE: UIS) today reported fourth-quarter and full-year 2022 financial results.

Unisys Announces 4Q and FY22 Results

Two former executives at technology services company Unisys Corp must answer questions about their move to join an industry rival, as a U.S. court weighs a trade secrets lawsuit that seeks to place curbs on their new employment at Atos SE , a federal judge ruled on Tuesday.

Unisys can question former execs who jumped to rival Atos - U.S. judge

Philadelphia, Pennsylvania--(Newsfile Corp. - February 9, 2023) - If you are a current Unisys (NYSE: UIS) shareholder and have held shares since on or before August 3, 2022, you may be able seek corporate reforms, the return of funds back to the company, and a court approved incentive award if appropriate.

Grabar Law Office Investigates Claims on Behalf of Unisys Corporation (UIS) Shareholders

BLUE BELL, Pa. , Feb. 8, 2023 /PRNewswire/ -- Unisys Corporation (NYSE: UIS) announced today that it will release its fourth-quarter and full-year 2022 financial results on Wednesday, February 22, 2023 after the close of trading on the New York Stock Exchange.

Unisys Announces Dates of Fourth-Quarter and Full-Year 2022 Financial Results and Conference Call

The company is recognized in the U.S., U.S. public sector and UK for its consulting and transformation services and managed public cloud services BLUE BELL, Pa. , Jan. 25, 2023 /PRNewswire/ -- Unisys Corporation (NYSE: UIS) today announced that leading global technology research and advisory firm Information Services Group (ISG) has recognized Unisys as a leader in the 2022 ISG Provider Lens™ Public Cloud – Solutions and Services report.

Information Services Group (ISG) Names Unisys a Leader in Public Cloud Report

New York, New York--(Newsfile Corp. - January 10, 2023) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Unisys Corporation (NYSE: UIS) between August 3, 2022 and November 7, 2022, both dates inclusive (the "Class Period"), of the important January 10, 2023 lead plaintiff deadline.

UIS FINAL DEADLINE TODAY: ROSEN, A LONGSTANDING AND TRUSTED FIRM, Encourages Unisys Corporation Investors to Secure Counsel Before Important January 10 Deadline in Securities Class Action- UIS

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