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 ...

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 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 ...

Panel discussion details: Unisys has been proactively working with businesses to address rising security gaps posed by emerging technologies like AI and quantum computing. Recently, the company launched its first post-quantum cryptography service to help organizations defend against future quantum threats. To learn more about Avasant's Empowering Beyond events, click here. About Unisys BLUE BELL, Pa., April 29, 2025 /PRNewswire/ -- Unisys (NYSE: UIS) has announced its participation in Avasant's Empowering B ...

NEW YORK, April 26, 2025 (GLOBE NEWSWIRE) -- Why: Rosen Law Firm, a global investor rights law firm, continues to investigate 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. The ...

BLUE BELL, Pa., April 21, 2025 /PRNewswire/ -- Unisys (NYSE: UIS) announced it will release its first- quarter 2025 financial results on Wednesday, April 30, 2025, after the close of trading on the New York Stock Exchange. Unisys and other Unisys products and services mentioned herein, as well as their respective logos, are trademarks or registered trademarks of Unisys Corporation. Any other brand or product referenced herein is acknowledged to be a trademark or registered trademark of its respective holder ...

The enhanced digital-first solution streamlines bank operations, boosts security and improves client satisfaction BLUE BELL, Pa., April 2, 2025 /PRNewswire/ -- Unisys (NYSE: UIS) has announced a partnership with Thought Machine, the cloud-native banking technology company, to provide end-to-end core and branch banking solutions that accelerate any bank's technology-first strategies. This solution offers premium features to the banking industry, including trusted, robust transaction processing and the abilit ...

Core Insights - Unisys has launched new Post-Quantum Cryptography (PQC) capabilities to enhance cybersecurity and prepare organizations for future quantum threats [1][2] - The company aims to help organizations identify vulnerabilities in their cryptographic environment and implement actionable steps to strengthen defenses [1][3] - Unisys emphasizes the importance of proactive measures against potential data theft by malicious actors, even before quantum computers become commercially available [3] PQC Capabilities and Services - The PQC capabilities include cryptographic posture assessment, which provides a complete inventory and analysis of an organization's cryptographic environment [1][2] - Unisys offers tailored PQC transition roadmaps based on clients' needs, including modernization pathways and achieving crypto agility [6] - The company implements quantum-resistant technologies and complex cybersecurity program management as part of its PQC infrastructure modernization services [6] Strategic Partnerships - Unisys has joined the Chicago Quantum Exchange (CQE) to drive industry-specific applications for quantum technology and develop top-tier quantum talent [4] - This partnership aims to enhance businesses' quantum resiliency and data protection through Unisys's PQC capabilities and services [4]

Company Participation - Unisys will participate virtually in the Sidoti Small-Cap Conference on March 19 - 20, 2025, allowing management to engage in one-on-one and small group meetings with investors [1] Company Overview - Unisys is a global technology solutions company that provides services in cloud, AI, digital workplace, logistics, and enterprise computing, aimed at helping clients unlock their full potential [2]

Financial Performance - The net loss attributable to Unisys Corporation in 2024 was $193.4 million, or $2.79 per diluted share, compared to a net loss of $430.7 million, or $6.31 per diluted share in 2023, reflecting a significant reduction in losses [181]. - Revenue for 2024 was $2.01 billion, a slight decrease of 0.3% from $2.02 billion in 2023, with U.S. operations revenue declining by 2.8% to $864.1 million [164][165]. - Digital Workplace Solutions (DWS) revenue decreased by 4.1% to $523.5 million in 2024, primarily due to lower volume with existing clients [184]. - Cloud, Applications & Infrastructure Solutions (CA&I) revenue was $526.9 million in 2024, a decrease of 0.8% from 2023, while gross profit margin improved to 16.5% [185]. - Enterprise Computing Solutions (ECS) revenue increased by 0.5% to $651.3 million in 2024, but gross profit margin decreased to 60.2% due to a higher proportion of lower-margin hardware revenue [186]. - Gross profit for 2024 was $585.9 million, with a gross profit margin of 29.2%, an increase from $551.3 million and 27.4% in 2023, driven by delivery modernization and labor cost savings [169]. Cost and Expenses - The company recognized cost-reduction charges of $20.6 million in 2024, compared to $9.3 million in 2023, with workforce reduction charges primarily related to severance costs [166][167]. - Pension expense decreased significantly to $182.8 million in 2024 from $391.3 million in 2023, reflecting lower settlement losses [174]. - The provision for income taxes in 2024 was $117.9 million, up from $79.3 million in 2023, influenced by a new tax provision for certain foreign subsidiaries [176]. Cash Flow and Liquidity - Cash and cash equivalents at December 31, 2024, were $376.5 million, a slight decrease from $387.7 million at the end of 2023 [189]. - Cash provided by operating activities increased to $135.1 million in 2024 from $74.2 million in 2023, primarily due to lower international pension contributions and favorable legal settlements [191]. - Cash used for investing activities rose to $97.4 million in 2024 from $69.6 million in 2023, with capital additions of properties at $16.0 million and investments in marketable software at $47.5 million [192]. - Cash used for financing activities was $18.1 million in 2024, slightly up from $17.3 million in 2023, including a $192 million group annuity contract purchase resulting in a pre-tax settlement loss of $130.1 million [193]. Debt and Obligations - Total debt decreased to $493.2 million as of December 31, 2024, from $504.2 million in 2023 [199]. - The company had operating lease liabilities of $43.9 million and finance lease liabilities of $2.8 million as of December 31, 2024 [200]. - The Amended and Restated ABL Credit Facility was amended to extend maturity to October 29, 2027, with a reduced aggregate loan limit of $125 million [202]. - At December 31, 2024, the company had outstanding standby letters of credit and surety bonds totaling approximately $194 million related to performance and payment guarantees [210]. Pension Plans - The company has reduced its global defined benefit pension obligations by approximately $2.2 billion since December 2020, including $1.5 billion in the U.S. [196]. - The company estimates future cash contributions to its defined benefit pension plans of approximately $92 million in 2025 and $120 million in 2026, with a total of approximately $750 million from 2027 through 2034 [198]. - As of December 31, 2024, the discount rate for U.S. defined benefit pension plans was 6.09%, an increase of 39 basis points from the previous year, while the non-U.S. rate was 5.10%, up 86 basis points [225]. - The calculated value of U.S. qualified defined benefit pension plan assets was $1.61 billion, with a fair value of $1.38 billion as of December 31, 2024 [226]. - For the year ended December 31, 2024, the company recognized consolidated pension expense of $182.8 million, down from $391.3 million in 2023, and expects approximately $87.0 million for 2025 [229]. - The estimated unrecognized loss for U.S. qualified defined benefit pension plans was approximately $1.00 billion, while for non-U.S. plans it was about $490 million as of December 31, 2024 [228]. Impairment and Fair Value - A goodwill impairment charge of $39.1 million was recognized for the DWS reporting unit due to a triggering event identified in the third quarter of 2024 [237]. - The fair value of the DWS reporting unit equaled its carrying value as of December 31, 2024, with no additional impairment charge recognized for other reporting units [238]. - The company had outstanding $481.6 million of 6.875% senior secured notes due 2027, with a fair value of $471.3 million as of December 31, 2024 [243]. Foreign Exchange and Interest Rate Risk - The company is exposed to foreign currency exchange rate risks, primarily benefiting from a weaker dollar against currencies like the Australian dollar and euro [244]. - A hypothetical 10% adverse movement in foreign currency exchange rates would have reduced the estimated fair value of derivative financial instruments by approximately $49 million for both 2024 and 2023 [246]. - The company expects to manage interest rate risk effectively, with substantially all long-term debt at a fixed rate as of December 31, 2024 [242].