Core Insights - Unisys Corporation exceeded its profitability guidance and met its revenue guidance for 2024, showing significant improvements in operating and free cash flow year over year [3][8][17] Financial Performance - Fourth quarter 2024 revenue was $545.4 million, a decline of 2.2% year-over-year, while full-year revenue was $2,008.4 million, down 0.3% year-over-year [5][8] - Excluding License and Support (Ex-L&S) revenue for Q4 2024 was $393.7 million, a decrease of 4.7% year-over-year, and for FY24 it was $1,576.9 million, down 0.6% year-over-year [5][6] - License and Support (L&S) revenue for Q4 2024 was $151.7 million, an increase of 5.1% year-over-year, and for FY24 it was $431.5 million, up 0.6% year-over-year [5][6] - Gross profit margin for FY24 improved to 29.2%, up 180 basis points year-over-year, while Ex-L&S gross profit margin improved to 17.6%, an increase of 250 basis points year-over-year [8][10] Cash Flow and Profitability - Full-year operating cash flow was $135.1 million, compared to $74.2 million in 2023, and free cash flow was $55.3 million, compared to a negative $4.5 million in 2023 [8][13] - Pre-pension and postretirement free cash flow nearly doubled to $82 million for the full year [3][8] Business Growth and Contracts - The company signed 29% more New Business Total Contract Value (TCV) driven by new logo signings, totaling $791 million for FY24 [3][8] - Total company TCV for FY24 was $1,946 million, a decline of 11% year-over-year, primarily due to the timing of renewals [14] Segment Performance - Digital Workplace Solutions (DWS) revenue for Q4 2024 was $128.2 million, down 7.9% year-over-year, while Cloud, Applications & Infrastructure Solutions (CA&I) revenue was $132.1 million, down 4.9% year-over-year [9][11] - Enterprise Computing Solutions (ECS) revenue increased by 2.9% year-over-year to $208.9 million in Q4 2024, driven by software license renewals [12] Guidance for 2025 - The company issued guidance for 2025, projecting revenue growth in constant currency of 0.5% to 2.5% and a non-GAAP operating profit margin of 6.5% to 8.5% [17][18]

Core Insights - Unisys has introduced a new multi-modal route optimization (MMRO) module aimed at enhancing the performance and cost management of freight companies [1][2] - The MMRO module analyzes various data points, including cargo details, weather data, and historical performance, to recommend optimal routes for freight forwarders and third-party logistics companies [2][3] - The solution is designed to address the industry's primary concern of transit delays, ultimately improving on-time deliveries and customer satisfaction [2][3] Company Overview - Unisys is a global technology solutions company that provides a range of services including cloud, AI, digital workplace, logistics, and enterprise computing [5] - The MMRO module is the second part of Unisys' Logistics Optimization solution, following the successful launch of a capacity optimization module in 2023 [3] - The company has a long-standing history of supporting the logistics market through its various management solutions [3]

Core Insights - Unisys has been recognized as a global leader in ISG's 2024 Advanced Analytics and AI Services Provider Lens™, excelling in three key areas: Advanced Business Intelligence and Reporting Modernization Services, Data Science and AI Services – Midsize, and Data Modernization Services – Midsize [1][2] Company Highlights - Unisys is committed to pioneering generative AI solutions that deliver high-impact results while ensuring security, compliance, and data privacy [2] - The company emphasizes the importance of leveraging data as a strategic asset to drive growth, innovation, and value for stakeholders [2] - Unisys promotes responsible data usage by balancing advanced AI capabilities with ethical data stewardship, enhancing operational clarity in complex digital environments [3] Service Offerings - Enhanced BI reporting and collaboration are key features, ensuring insights are accessible and fostering a data-driven decision-making culture [6] - The transformation of legacy systems into modern, cloud-based platforms is a significant focus, addressing the evolving demands of the digital landscape [6] - Unisys provides a range of innovative solutions, including machine learning operations (MLOps) and virtual assistants, showcasing adaptability and leadership in AI advancements [6]

CHICAGO and BLUE BELL, Pa., Feb. 4, 2025 /PRNewswire/ -- Unisys (NYSE: UIS), a leading global technology solutions provider, has joined the Chicago Quantum Exchange (CQE), launching a partnership aimed at driving industry-specific applications for quantum technology, developing top-tier quantum talent, and strengthening the Illinois-Wisconsin-Indiana quantum ecosystem.Unisys brings extensive expertise in quantum solutions and services across logistics, meteorology, financial modeling, and cryptography, cont ...

BLUE BELL, Pa., Jan. 30, 2025 /PRNewswire/ -- Unisys (NYSE: UIS) announced it will release its fourth-quarter and full-year 2024 financial results on Tuesday, February 18, 2025, after the close of trading on the New York Stock Exchange.Unisys will host a conference call with the financial community on Wednesday, February 19, 2025, at 8 a.m. EST to discuss the results.The company will offer a live, listen-only conference call webcast on the Unisys Investor Website at www.unisys.com/investor. In addition, dom ...

Unisys enables Finnair Cargo to strengthen its digital presence, streamline operationsand reach a new customer base BLUE BELL, Pa., Jan. 27, 2025 /PRNewswire/ -- Unisys (NYSE: UIS) announces the addition of Finnair Cargo – a leading global air cargo carrier specializing in fast and high-quality transport between Asia, Europe, and North America – to its Cargo Portal Services (CPS) platform. This strategic collaboration provides enhanced access and visibility to Finnair's cargo destinations, capacity and rout ...

Company Performance and Growth - Unisys' strong performance is driven by robust market demand for AI and cloud transformation, along with its innovative solutions [1] - The Zacks Consensus Estimate for Unisys' 2025 earnings is 61 cents per share, reflecting a year-over-year growth of 96.77% [2] - Unisys' 2025 revenue is estimated at $2.1 billion, indicating a year-over-year growth of 3.42% [2] - Unisys has beaten the Zacks Consensus Estimate for earnings in three of the past four quarters, with an average surprise of 50.58% [2] - Unisys shares have surged 36.7% over the past six months, outperforming the Zacks Computer and Technology sector (1%) and the Computers – IT Services industry (11.8%) [8] - Unisys shares have outperformed peers like ServiceNow (32.3%), DXC Technology (2.5%), and Draganfly (-39.9%) over the past six months [8] AI and Innovation - Unisys is leveraging over 120 active AI projects across diverse industries to deliver tailored, cutting-edge solutions [4] - The company's generative AI-powered tools, such as the Unisys Service Experience Accelerator and custom education companions, address specific client needs and enhance operational capabilities [4] - Unisys is advancing logistics optimization by using AI and quantum annealing to improve cargo solutions, expanding its presence in the travel and transportation sectors [5] Market Challenges - Unisys faces intense competition from rivals utilizing cutting-edge technologies like Generative AI, cloud computing, and digital transformation tools [5] - Macroeconomic uncertainties, including inflation and regulatory changes, are creating headwinds that could impact Unisys' growth [6] Investment Outlook - Unisys currently carries a Zacks Rank 3 (Hold), suggesting investors may wait for a more favorable entry point [7]

The company awarded five stars for practice maturity, partner ecosystem, and investments and innovationBLUE BELL, Pa., Jan. 13, 2025 /PRNewswire/ -- Unisys (NYSE: UIS) has been named a Leader in the Avasant End-User Computing Services 2024-2025 RadarView™ report for the second consecutive year. This recognition underscores Unisys' continued excellence and innovation in delivering end-user computing services that enhance the user experience and drive business outcomes.The Avasant RadarView™ report evaluates ...

Digital agility, client-centric and scalable solutions, and automation capabilities position Unisys as a leader across multiple quadrants in the U.S., U.S. Public Sector, UK and BrazilBLUE BELL, Pa., Jan. 9, 2025 /PRNewswire/ -- Unisys (NYSE: UIS) has been named a leader in the 2024 ISG Provider Lens™ Multi Public Cloud Services Report. The report evaluates providers' ability to facilitate public cloud services, including migration, consulting and transformation, managed services, financial operations servi ...

BLUE BELL, Pa., Dec. 18, 2024 /PRNewswire/ -- Unisys (NYSE: UIS) announced that the Financial Times has recognized the company as one of 2025 Best Employers to work for in Asia Pacific, placing Unisys in the top 35% of the 500 employers in the ranking. Represented by employees in more than thirty countries, this recognition underscores Unisys' commitment to fostering connections and understanding and valuing the employee experience worldwide. "We are honored to be recognized as a premier employer in the Asi ...