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Unisys Innovation Program Announces the Winners of Its 16th Annual Competition
Prnewswire· 2025-06-05 16:24
Core Insights - The Unisys Innovation Program (UIP) recognized three teams for their innovative projects aimed at sustainable electric mobility, tumor diagnostics accuracy, and remote neurological monitoring [1][6]. Group 1: Unisys Innovation Program Overview - The UIP, established in 2009, connects engineering students with industry experts to develop technology-centric solutions [7]. - This year's program attracted over 890 project submissions from 12,760 registrants across eight themes addressing various business and technical challenges [2]. Group 2: Winning Projects - First place was awarded to RV College of Engineering for their project "Quantum Neural Network for Brain Tumor MRI Classification via Quantum Machine Learning," achieving over 98% accuracy in tumor diagnostics from lower-field (1.5T) scans, enabling cost-effective MRI analysis [3]. - Second place also went to RV College of Engineering for their project "Electronic Differential for Electric Vehicles," which integrates AI for real-time wheel speed control, enhancing traction, stability, and energy efficiency in electric vehicles [4]. - Third place was awarded to Ramaiah Institute of Technology for their "Earbud-Based Electroencephalogram (EEG) Monitoring System," a discreet wearable device for continuous brain monitoring using AI-based seizure detection [5]. Group 3: Leadership Insights - Unisys leadership emphasized the program's role in fostering creativity and technical excellence among India's engineering students, highlighting the importance of nurturing young talent [6][7].
Unisys to Participate in the East Coast IDEAS Conference
Prnewswire· 2025-05-30 16:00
Group 1 - Unisys will participate in the East Coast IDEAS Conference on June 11, 2025, with CEO Mike Thomson presenting at 8:35 a.m. EDT [1] - Investors can schedule meetings with Unisys executives through their conference representatives, and a live webcast of the presentation will be available on the Unisys investor website [2] - Unisys is a global technology solutions company that offers services in cloud, AI, digital workplace, logistics, and enterprise computing, aiming to help clients unlock their full potential [3]
Here's Why Unisys (UIS) is a Strong Value Stock
ZACKS· 2025-05-22 14:46
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of 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 also includes the Zacks Style Scores. What are the Zacks Style Scores? The Zacks St ...
Unisys Named a Leader in NelsonHall's 2025 Attack Surface Management NEAT Evaluation
Prnewswire· 2025-05-22 13:30
Core Insights - Unisys has been recognized as a leader in the 2025 Attack Surface Management (ASM) report by NelsonHall, receiving two leader designations in Overall and Integration in Wider Cyber Resiliency Strategy segments [1][2] - The company is also noted as a 'high achiever' in the Automated Attack Surface Management Services segment, highlighting its strong performance in threat exposure management [1] Company Strengths - Unisys's Continuous Threat Exposure Management (CTEM) framework and AI-driven asset labeling are key strengths that enable clients to evaluate their security posture and identify vulnerabilities [4] - A case study cited in the report indicates that clients have identified between 5,000 to 15,000 vulnerabilities, with 70% remediated within 30 days, showcasing the effectiveness of Unisys's solutions [4] Innovative Approaches - Unisys is the only vendor to incorporate quantum risk assessments, measuring organizations' cryptography levels against potential quantum attacks, demonstrating its innovative capabilities in the ASM space [3] - The company's secure-by-design approach, enhanced by AI-driven asset labeling and manual verification, facilitates faster and more accurate threat resolution [3]
Here's Why Unisys (UIS) Looks Ripe for Bottom Fishing
ZACKS· 2025-05-21 14:55
Shares of Unisys (UIS) have been struggling lately and have lost 8.7% over the past week. However, a hammer chart pattern was formed in its last trading session, which could mean that the stock found support with bulls being able to counteract the bears. So, it could witness a trend reversal down the road.While the formation of a hammer pattern is a technical indication of nearing a bottom with potential exhaustion of selling pressure, rising optimism among Wall Street analysts about the future earnings of ...
Unisys Named a Leader in NelsonHall's 2025 NEAT Evaluation for Cognitive & Self-Healing IT Infrastructure Management
Prnewswire· 2025-05-08 13:00
Core Insights - Unisys has been recognized as a leader in the 2025 Cognitive & Self-Healing IT Infrastructure Management report by NelsonHall for the fifth consecutive year, highlighting its strengths in AI, server-centric services, and cognitive service desk capabilities [1][2] - The report emphasizes Unisys's commitment to investing in AI capabilities, intellectual property, talent, and reskilling to enhance its cognitive and self-healing IT infrastructure management services [1] Company Strengths - Unisys is focused on delivering tangible results for clients throughout their IT management journey, with an emphasis on innovative cloud offerings that support the transition to AI capabilities and intelligent operations [3][4] - The company provides AI-enabled consulting and advisory services to assist clients in becoming AI-ready enterprises, including a framework for developing and operating AI systems tailored to specific industries [4][7] - Unisys has extensive intellectual property and accelerators that facilitate automation in AI operations, IT operations, hybrid cloud, and self-healing automation [7] - The company has a strong focus on cybersecurity capabilities, including zero trust readiness assessments and threat analysis, to enhance the security of cloud operations [7]
Unisys Q1 2025: High-Margin Fragility, Structural Headwinds - Wait For Execution To Catch Up
Seeking Alpha· 2025-05-07 13:29
Group 1 - Unisys reported Q1 2025 revenue of $432.1 million, reflecting an 11.4% year-over-year decline [1] - The revenue drop was primarily due to delays in software license renewals in the Enterprise Computing Solutions (ECS) segment [1] - Reduced project activity was noted within the Cloud, Applications & Infrastructure (CA&I) and Digital Workplace Solutions (DWS) segments [1]
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 Introduces Three New Cloud AI Solutions to Drive Business Outcomes
Prnewswire· 2025-05-05 13:00
Core Insights - Unisys has launched three new cloud AI solutions aimed at enhancing operational efficiency and decision-making processes for organizations [1][2] - The solutions include Cloud AI Foundation, Cloud AI Enablement, and Cloud AI Customer Experience, each designed to integrate AI into core operations and maximize resource utilization [1][5] Group 1: Solution Capabilities - Cloud AI Foundation offers a secure and scalable infrastructure for implementing AI initiatives across enterprises, enhancing productivity and resource optimization [5] - Cloud AI Enablement integrates AI into existing systems, improving workflows and decision-making by transforming isolated AI models into enterprise-grade tools [5] - Cloud AI Customer Experience leverages customer journey analytics and conversational AI to deliver hyper-personalized interactions, setting new standards for customer experience [5] Group 2: Strategic Importance - The new cloud AI solutions are designed to be scalable and flexible, addressing the competitive needs of modern enterprises [2] - Unisys aims to adapt these solutions across various sectors, modernizing industry-specific processes such as financial modeling and regulatory compliance [3] - Future expansions of the cloud AI solutions will include agentic AI capabilities, enhancing autonomous decision-making and proactive problem-solving for organizations [3]
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].