Unisys(UIS)
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Unisys (UIS) Reports Q3 Loss, Tops Revenue Estimates
ZACKS· 2024-10-29 22:41
Unisys (UIS) came out with a quarterly loss of $0.08 per share versus the Zacks Consensus Estimate of a loss of $0.04. This compares to loss of $0.33 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -100%. A quarter ago, it was expected that this information technology service provider would post a loss of $0.37 per share when it actually produced earnings of $0.16, delivering a surprise of 143.24%.Over the last four quarters, ...
Unisys(UIS) - 2024 Q3 - Quarterly Results
2024-10-29 20:41
News Release Unisys Announces 3Q24 Results Unisys Continues Strong New Business Signings andRaises Profitability Guidance (6) • (1) Revenue growth of 7.0% year over year (YoY), an 8.2% increase in constant currency • (15) Gross profit margin of 29.2%, up 870 bps YoY; Excluding License and Support (Ex-L&S) gross profit margin of 17.9%, up 390 bps YoY • Operating profit margin of 1.5 %, up 520 bps YoY; non-GAAP operating profit margin of 9.9 %, up 980 bps YoY (8) • Cash provided by operations of $32.0 million ...
Unisys Announces 3Q24 Results
Prnewswire· 2024-10-29 20:30
Unisys Continues Strong New Business(6) Signings and Raises Profitability Guidance Revenue growth of 7.0% year over year (YoY), an 8.2% increase in constant currency(1) Gross profit margin of 29.2%, up 870 bps YoY; Excluding License and Support (Ex-L&S)(15) gross profit margin of 17.9%, up 390 bps YoY Operating profit margin of 1.5 %, up 520 bps YoY; non-GAAP operating profit(8) margin of 9.9 %, up 980 bps YoY Cash provided by operations of $32.0 million, compared to cash used for operations of $(4.1) milli ...
UNISYS ALERT: Bragar Eagel & Squire, P.C. is Investigating Unisys Corporation on Behalf of Unisys Stockholders and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2024-10-29 01:00
NEW YORK, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Unisys Corporation ("Unisys" or the "Company") (NYSE: UIS) on behalf of Unisys stockholders. Our investigation concerns whether Unisys has violated the federal securities laws and/or engaged in other unlawful business practices. Click here to participate in the action. The investigation focuses on whether the Company issued false and/or misle ...
UIS Stock Ahead of Q3 Earnings Report: To Buy or Not to Buy?
ZACKS· 2024-10-25 18:42
Unisys Corporation (UIS) is set to release its third-quarter 2024 results on Oct. 29.For the third quarter of 2024, Unisys expects revenues to grow mid-to-high single digits on a constant currency year-over-year basis, which equates to roughly between $485 million and $490 million.The Zacks Consensus Estimate for revenues is pegged at $489 million, suggesting growth of 5.25% year over year. The consensus estimate for third-quarter loss is pegged at 4 cents per share, unchanged over the past 60 days.UIS’ ear ...
Unisys Corporation Announcement: If You Have Suffered Losses in Unisys Corporation (NYSE: UIS), You Are Encouraged to Contact The Rosen Law Firm About Your Rights
GlobeNewswire News Room· 2024-10-25 00:30
NEW YORK, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Unisys Corporation (NYSE: UIS) resulting from allegations that Unisys may have issued materially misleading business information to the investing public. So What: If you purchased Unisys securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. ...
Is Unisys Stock a Buy, Sell or Hold at 0.19X Price/Sales Ratio?
ZACKS· 2024-10-24 18:35
Unisys (UIS) shares are one of the cheaper stocks in the broader Zacks Computer & Technology sector, with a Value Score of A. UIS stock is trading at a significant discount with a forward 12-month Price/Sales (P/S) ratio of 0.19X compared with the sector’s 6.14X. It is cheaper than its Zacks IT Services industry peers Accenture (ACN) , CyberArk (CYBR) and CoStar Group (CSGP) , which are currently trading at a forward 12-month P/S of 3.33X, 11.04X and 9.71X, respectively.Price/Sales (P/S) Ratio Image Source: ...
SHAREHOLDER ALERT: Investigation of Unisys Corporation (UIS) Announced by Holzer & Holzer, LLC
GlobeNewswire News Room· 2024-10-24 17:44
ATLANTA, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Holzer & Holzer, LLC is investigating whether Unisys Corporation (“Unisys” or the “Company”) (NYSE: UIS) complied with federal securities laws. On October 22, 2024, the SEC announced charges against Unisys for “making materially misleading disclosures regarding cybersecurity risks and intrusions. The SEC also charged Unisys with disclosure controls and procedures violations.” Following this news, the price of the Company’s stock dropped. If you purchased Unisys st ...
Unisys Opens Registration for Its 16th Annual Unisys Innovation Program
Prnewswire· 2024-10-24 16:00
The program's next cycle will focus on emerging technologies such as artificial intelligence (AI), quantum computing, and the internet of things (IoT)BENGALURU, India and BLUE BELL, Pa., Oct. 24, 2024 /PRNewswire/ -- Unisys (NYSE: UIS) has opened registration for its sixteenth annual Unisys Innovation Program (UIP), the company's flagship technical project competition for engineering students in India. The ten-month program provides aspiring innovators the opportunity to learn hands-on from Unisys mentors, ...
SHAREHOLDER ALERT: Investigation of Unisys Corporation (UIS) Announced by Johnson Fistel
GlobeNewswire News Room· 2024-10-23 20:46
SAN DIEGO, Oct. 23, 2024 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, LLP is investigating whether Unisys Corporation (NYSE: UIS) or any of its executive officers or others violated securities laws by misrepresenting or failing to timely disclose material, adverse information to investors. On October 22, 2024, the SEC announced charges against Unisys and three other companies for “making materially misleading disclosures regarding cybersecurity risks and intrusions.” Following this announ ...