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Unisys Q1 2025: High-Margin Fragility, Structural Headwinds - Wait For Execution To Catch Up
Seeking Alpha· 2025-05-07 13:29
Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or ...
Why Unisys (UIS) is a Top Value Stock for the Long-Term
ZACKS· 2025-05-06 14:45
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.Zacks Premium includes access to the Zacks Style Scores a ...
Unisys(UIS) - 2025 Q1 - Quarterly Report
2025-05-01 20:36
Financial Performance - For the three months ended March 31, 2025, the company reported a net loss of $29.5 million, or $0.42 per diluted share, compared to a loss of $149.5 million, or $2.18 per diluted share, for the same period in 2024[104][122]. - Revenue for the three months ended March 31, 2025 was $432.1 million, a decrease of 11.4% from $487.8 million in the same period of 2024, primarily due to the timing of software license renewals and lower client volume[105]. - License and Support (L&S) revenue decreased by 23.7% to $71.1 million for the three months ended March 31, 2025, down from $93.2 million in the prior year, mainly driven by the timing of software license renewals[106]. - Excluding License and Support (Ex-L&S) revenue was $361.0 million for the three months ended March 31, 2025, a decrease of 8.5% from $394.6 million in the same period of 2024, attributed to lower client volume[107]. - Gross profit for the three months ended March 31, 2025 was $107.5 million, with a gross profit margin of 24.9%, compared to $136.0 million and 27.9% for the same period in 2024[112]. - Operating profit for the three months ended March 31, 2025 was $5.1 million, down from $17.7 million in the same period of 2024, primarily due to the timing of software license renewals[115]. Revenue and Backlog - Total Contract Value (TCV) metrics are influenced by software license renewals, with fluctuations expected based on timing and terms of renewals[129]. - Backlog represents estimated future revenue under contracted work that has not yet been delivered, with timing of conversion to revenue affected by various factors including contract execution and foreign currency exchange rates[130]. - The company’s international revenue for the three months ended March 31, 2025 was $246.2 million, a decrease of 10.6% from $275.5 million in the same period of 2024, impacted by foreign currency fluctuations[108]. - Total TCV for the three months ended March 31, 2025, was $434 million, an increase of 17% from $370 million in the same period of 2024, primarily driven by new logo signings[132]. - Backlog increased to $2.89 billion as of March 31, 2025, compared to $2.78 billion as of March 31, 2024, reflecting a 4% growth driven by new logo contracts within DWS[133]. Cash Flow and Debt - Cash and cash equivalents at March 31, 2025, were $393.1 million, up from $376.5 million at December 31, 2024[136]. - Cash provided by operations for the three months ended March 31, 2025, was $33.3 million, compared to $23.8 million in the same period of 2024, primarily due to working capital improvement[138]. - Cash used for investing activities was $20.3 million for the three months ended March 31, 2025, compared to $18.8 million in the prior-year period[139]. - Total debt at March 31, 2025, was $494.8 million, slightly up from $493.2 million at December 31, 2024[143]. - The company had no borrowings under its $125 million revolving credit facility as of March 31, 2025, with $82.5 million available net of letters of credit issued[144]. - Cash used for financing activities was $4.0 million for the three months ended March 31, 2025, down from $7.7 million in the same period of 2024[140]. - The company expects to continue meeting all covenants and conditions under its various lending and funding agreements for at least the next 12 months[149]. Pension Contributions - The company estimates future cash contributions to its defined benefit pension plans of approximately $91 million in 2025 and $122 million in 2026[141].
Unisys(UIS) - 2025 Q1 - Earnings Call Presentation
2025-05-01 15:06
First Quarter Financial Results APRIL 30, 2025 U unisys Mike Thomson Chief Executive Officer & President Deb McCann Chief Financial Officer Disclaimer Forward-Looking Statements This presentation contains for ward-looking statements within the meaning of Section 274 of the Sepurities Adt of 1933, as amended, Section 21E of the Securities Exchange and the Private Securities Litication Reform A-ct of 1995. Unisvs cautions readers that the assumptions forming the base for forward-looking statements include man ...
Unisys(UIS) - 2025 Q1 - Earnings Call Transcript
2025-05-01 13:02
Unisys (UIS) Q1 2025 Earnings Call May 01, 2025 08:00 AM ET Company Participants Michaela Pewarski - Vice President, Investor RelationsMike Thomson - CEO & PresidentDebra McCann - Executive VP & CFORod Bourgeois - Head of Research Conference Call Participants Anja Soderstrom - Senior Equity Research AnalystArun Seshadri - Head - US Credit Desk Analysts Operator Please note this event is being recorded. I would now like to turn the conference over to Mikayla Paworski, Vice President of Investor Relations. Pl ...
Unisys(UIS) - 2025 Q1 - Earnings Call Transcript
2025-05-01 13:02
Unisys (UIS) Q1 2025 Earnings Call May 01, 2025 08:00 AM ET Company Participants Michaela Pewarski - Vice President, Investor RelationsMike Thomson - CEO & PresidentDebra McCann - Executive VP & CFORod Bourgeois - Head of Research Conference Call Participants Anja Soderstrom - Senior Equity Research AnalystArun Seshadri - Head - US Credit Desk Analysts Operator Please note this event is being recorded. I would now like to turn the conference over to Mikayla Paworski, Vice President of Investor Relations. Pl ...
Unisys(UIS) - 2025 Q1 - Earnings Call Transcript
2025-05-01 12:00
Unisys (UIS) Q1 2025 Earnings Call May 01, 2025 08:00 AM ET Speaker0 Please note this event is being recorded. I would now like to turn the conference over to Mikayla Paworski, Vice President of Investor Relations. Please go ahead. Speaker1 Thank you, operator. Good morning, everyone. Thank you for joining us. Yesterday afternoon, Unisys released its first quarter twenty twenty five financial results. I'm joined this morning to discuss those results by Mike Thompson, our CEO and President and Deb McCann, ou ...
Unisys (UIS) Reports Q1 Loss, Lags Revenue Estimates
ZACKS· 2025-04-30 23:20
Unisys (UIS) came out with a quarterly loss of $0.05 per share versus the Zacks Consensus Estimate of a loss of $0.24. This compares to earnings of $0.04 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 79.17%. A quarter ago, it was expected that this information technology service provider would post earnings of $0.20 per share when it actually produced earnings of $0.33, delivering a surprise of 65%.Over the last four quarter ...
Unisys(UIS) - 2025 Q1 - Quarterly Results
2025-04-30 20:37
News Release Unisys Announces 1Q25 Results Unisys Improves Operating and Free Cash Flow and Continues Momentum in New Logo Signings BLUE BELL, Pa., April 30, 2025 – Unisys Corporation (NYSE: UIS) reported financial results for the first quarter of 2025 (1Q25). "We are pleased with the momentum in New Business signings we achieved during the quarter, which increased more than 80% year-over-year," said Michael Thomson, Unisys CEO and President. "We are delivering innovative solutions focused on our clients' h ...
Unisys Announces 1Q25 Results
Prnewswire· 2025-04-30 20:30
Unisys Improves Operating and Free Cash Flow and Continues Momentum in New Logo Signings  Cash provided by operations of $33.3 million compared to $23.8 million in 1Q24, and free cash flow(9) of $13.2 million compared to $3.9 million in 1Q24 Total company revenue of $432.1 million; Excluding License and Support (Ex-L&S)(13) revenue of $361.0 million  Gross profit margin of 24.9%; Ex-L&S gross profit margin of 17.8% Operating profit margin of 1.2 %; non-GAAP operating profit(6) margin of 2.8 % Ex-L&S New Bus ...