BLUE BELL, Pa., Sept. 12, 2024 /PRNewswire/ -- Unisys (NYSE: UIS) will be participating virtually in the Sidoti Small-Cap Conference on September 19, 2024. The company will be represented by CFO Debra McCann, who will be available to host virtual one-on-one and small group meetings. Investors interested in arranging meetings with Unisys executives should contact the respective conference representatives. The live webcast, as well as the replay of the presentation, will be accessible from the Unisys Investor ...

Unisys excels with its AI-integrated solutions, cloud services, and modernization expertise in U.S. and U.K. markets BLUE BELL, Pa., Aug. 20, 2024 /PRNewswire/ -- Unisys (NYSE: UIS) is recognized as a leader in ISG's Provider Lens™ Private/Hybrid Cloud – Data Center Services quadrant reports. These reports spotlight service providers excelling in private cloud, hybrid cloud and data center outsourcing, and Unisys has achieved this level of recognition for the fourth year consecutively. ISG defines leaders a ...

BLUE BELL, Pa., Aug. 15, 2024 /PRNewswire/ -- Unisys (NYSE: UIS) announces that MAB Kargo, the air cargo division of Malaysia Aviation Group (MAG), selects Unisys and its logistics optimization solution to significantly enhance its operational efficiency, capacity utilization, and service delivery. Mab Kargo LogoMab Kargo Logo Like many in the air cargo industry, MAB Kargo faces challenges with time-consuming planning and loading processes that result in underutilized space on flights, missed revenue opport ...

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers. Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors rely on traditional forms of analysis on ke ...

Unisys (UIS) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system. The power ...

Global analyst firm recognizes Unisys for its comprehensive cloud solutions and client-centric approach BLUE BELL, Pa., Aug. 8, 2024 /PRNewswire/ -- Unisys (NYSE: UIS) has been recognized as a Leader in the 2024 End-to-End Cloud Infrastructure Management Services report by global analyst firm NelsonHall. Unisys received leader designations through the NelsonHall Vendor Evaluation and Assessment Tool (NEAT) across all six categories: Overall, AWS, Microsoft Azure, Cloud Management, Cloud Orchestration, and G ...

Financial Data and Key Metrics Changes - The second quarter revenue was $478 million, an increase of 0.3% year-over-year and 25% in constant currency [20] - Year-to-date total company revenue is $966 million, down 2.7% year-over-year and down 3.5% in constant currency [20] - Second quarter gross profit was $130 million, representing a 27.2% gross margin compared to 24.3% in the prior year period [24] - Non-GAAP operating profit margin was 6.1%, up from 3.4% in the prior year period [27] - The company had a net loss in the second quarter of $12 million, or a diluted loss per share of $0.17, compared to a net loss of $20 million, or negative $0.59 in the second quarter of 2023 [28] Business Line Data and Key Metrics Changes - Digital Workplace Solutions (DWS) revenue was $132 million, a 2.2% decline compared to the prior year period [20] - Cloud Applications and Infrastructure (CA&I) revenue was $134 million, an increase of 1.3% compared to the prior year period [22] - Enterprise Computing Solutions (ECS) revenue was $138 million, an increase of 2.5%, including 3.3% constant currency growth in Specialized Services and Next Generation Compute Solutions [22] - Total company TCV (Total Contract Value) increased 25% sequentially and 19% year-over-year [5] Market Data and Key Metrics Changes - The company exited the quarter with a backlog of $2.8 billion, up 4% year-over-year [23] - New business pipeline with existing clients is up 7% sequentially [8] - The overall pipeline declined 7% quarter-over-quarter, driven by timing of renewals and strong conversion of new logo opportunities [8] Company Strategy and Development Direction - The company is focused on portfolio transformation and initiatives for sales and marketing, which are becoming evident in signings and delivery efficiency [4] - There is a strong emphasis on AI-related consulting and services, with growing demand for AI-enabled solutions [11][12] - The company aims to achieve a non-GAAP operating margin above the midpoint of its guidance range due to improvements in delivery efficiencies and margin expansion [19] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving full-year guidance ranges for revenue growth and profitability [4] - The company anticipates continued delivery efficiencies and lower legal and environmental payments, which will benefit cash generation [5] - Management highlighted the positive trajectory in new business signings and the quality of the pipeline, indicating strong demand for solutions [8] Other Important Information - The company published its 2023 sustainability report, outlining progress in sustainability commitments [17] - Free cash flow was negative $19 million in the second quarter, attributed to timing of collections [30] - Cash balances were $345 million as of June 30, compared to $388 million at year-end [31] Q&A Session All Questions and Answers Question: Can you discuss the margin improvement and the role of positive mix shift? - Management confirmed that positive mix shift is occurring and is a positive factor for margin improvement, with efficiency in traditional business also contributing [37][38] Question: What is the outlook on environmental and legal costs? - Management indicated that the outlook for a 50% or more drop in environmental and legal costs remains intact, with no significant changes [41][43] Question: Can you share the potential scale of the AI opportunity with the restaurant client? - Management confirmed that the AI project is moving towards production and represents a significant opportunity, although it is still early days [44][45] Question: What percentage of new business signings currently have a Gen AI component? - Management stated that AI is infused throughout the company's solutions, but it is challenging to quantify revenue generated specifically from generative AI [48][50] Question: Can you discuss the cadence of the renewal schedule for next year? - Management indicated that the exact timing of renewals has not been laid out yet, but they expect consistent revenue from license and support [52][54] Question: Can you talk about the gross margin and the proportion of fixed versus variable costs? - Management noted that there are no significant one-time items affecting gross margin in Q2, and improvements are expected to continue [54][56]

About Unisys RELEASE NO.: 0730/9953 UIS-C BLUE BELL, Pa., July 30, 2024 /PRNewswire/ -- Unisys (NYSE: UIS) will be participating in the Deutsche Bank Technology Conference on Wednesday, August 28, 2024, at the Waldorf Astoria Monarch Beach in Dana Point, Calif. Unisys management will be available throughout the day for one-on-one and small group meetings. Investors who would like to schedule a meeting with Unisys should contact their Deutsche Bank representative. Unisys is a global technology solutions comp ...

BLUE BELL, Pa., July 23, 2024 /PRNewswire/ -- Unisys (NYSE: UIS) announced it will release its secondquarter 2024 financial results on Monday, August 5, 2024, after the close of trading on the New York Stock Exchange. Unisys will host a conference call with the financial community on Tuesday, August 6, 2024, at 8 a.m. EDT to discuss the results. The company will offer a live, listen-only webcast of the conference call on the Unisys Investor Website at www.unisys.com/investor. In addition, domestic callers c ...

Core Insights - Unisys has been awarded two prestigious titles by Dell Technologies, recognizing its innovative solutions and exceptional performance in client relationships [1][2]. Group 1: Awards and Recognition - Unisys received the 2024 Global Alliances Trailblazer Partner of the Year award for its pioneering efforts in technological advancements within the IT industry [2]. - The company was also named the 2024 Global Alliances Expansion Partner of the Year for the Americas, highlighting its significant growth and expansion of existing customer relationships in that region [2]. Group 2: Company Vision and Collaboration - The president and COO of Unisys emphasized the importance of innovation and a shared vision in the partnership with Dell Technologies, aiming to challenge the status quo and maximize client potential [3]. - Unisys positions itself as a global technology solutions provider, offering services in cloud, data and AI, digital workplace, logistics, and enterprise computing to help clients achieve breakthroughs [4].