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Unisys Announces 1Q25 Results
Prnewswire· 2025-04-30 20:30
Core Insights - Unisys Corporation reported a significant increase in new business signings, with an over 80% year-over-year growth, indicating strong demand for its innovative solutions [3][6] - The company achieved solid profitability results in the first quarter of 2025, with a focus on improving efficiency and enhancing free cash flow [3][6] - Despite a decline in overall revenue, Unisys reiterated its full-year financial guidance, expecting constant currency revenue growth and a path to exceed profitability guidance [3][16] Financial Performance - Total revenue for 1Q25 was $432.1 million, down 11.4% from $487.8 million in 1Q24, with a constant currency decline of 8.5% [5][6] - Excluding License and Support (Ex-L&S) revenue, the total was $361.0 million, reflecting an 8.5% year-over-year decrease [5][6] - Gross profit margin decreased to 24.9% from 27.9% year-over-year, primarily due to the timing of software license renewals [5][8] Segment Results - Digital Workplace Solutions (DWS) revenue declined 10.4% year-over-year to $118.6 million, with a gross profit margin of 14.2% [9][10] - Cloud, Applications & Infrastructure Solutions (CA&I) revenue decreased 6.3% year-over-year to $176.6 million, maintaining a gross profit margin of 19.5% [9][10] - Enterprise Computing Solutions (ECS) revenue fell 14.8% year-over-year to $118.7 million, with a gross profit margin of 47.7% [11][10] Cash Flow and Balance Sheet - Cash provided by operations increased to $33.3 million from $23.8 million in 1Q24, while free cash flow improved to $13.2 million from $3.9 million [12][6] - The company reported cash and cash equivalents of $393.1 million as of March 31, 2025, up from $376.5 million at the end of 2024 [12][40] Guidance and Outlook - Unisys reiterated its full-year 2025 revenue growth guidance in constant currency, projecting a growth range of 0.5% to 2.5% [16] - The company expects non-GAAP operating profit margin to be between 6.5% and 8.5% for the full year [16]
Unisys Cloud Leader to Discuss AI Security Risks and Rewards at Avasant's Empowering Beyond Summit 2025
Prnewswire· 2025-04-29 13:00
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 ...
Unisys Announces Dates of First-Quarter 2025 Financial Results and Conference Call, and Participation in Upcoming Investor Conferences
Prnewswire· 2025-04-21 12:00
Core Points - Unisys will release its first-quarter 2025 financial results on April 30, 2025, after the market closes [1] - A conference call to discuss the results will be held on May 1, 2025, at 8 a.m. EDT [1] - The conference call will be accessible via a live webcast on the Unisys Investor Website [2] Financial Communication - Domestic callers can join the conference call by dialing 1-844-695-5518, while international callers can dial 1-412-902-6749 [2] - A replay of the conference call will be available shortly after the event on the Unisys Investor Website [3] - The replay can also be accessed by calling 1-877-344-7529 for domestic callers or 1-412-317-0088 for international callers, using access code 2787914 [3] Upcoming Investor Conferences - Unisys management will participate in one-on-one and group meetings at various upcoming investor conferences [4] - Specific dates include virtual meetings hosted by CEO Mike Thomson on May 9 and 12, 2025, at the Needham Technology, Media, & Consumer Conference [6] - On May 29, 2025, Unisys executive leadership will host meetings at the Goldman Sachs Leveraged Finance and Credit Conference in Dana Point, California [6] Company Overview - Unisys is a global technology solutions company that provides services in cloud, AI, digital workplace, logistics, and enterprise computing [5] - The company has been assisting clients in pushing boundaries for over 150 years [5]
L.B. Foster Company to Present Virtually at Sidoti Small Cap Conference on March 20, 2025
Globenewswire· 2025-03-13 17:00
Company Announcement - L.B. Foster Company will present virtually at the Sidoti Small Cap Virtual Conference on March 20, 2025, starting at 2:30 PM EST [1] - Presentation materials will be available on the Company's Investor Relations website on the morning of the conference [1] Webcast Information - A video webcast and replay will be available online, with a registration link provided on the L.B. Foster website on the day of the event [2] - The video replay will be accessible for 90 days following the event [2] Company Overview - L.B. Foster Company, founded in 1902, is a global technology solutions provider specializing in engineered, manufactured products and services for infrastructure [3] - The Company focuses on innovative engineering and product development solutions to meet safety, reliability, and performance needs [3] - L.B. Foster maintains locations across North America, South America, Europe, and Asia [3]
Geospace Technologies (GEOS) - 2025 Q1 - Earnings Call Transcript
2025-02-06 16:00
Financial Data and Key Metrics Changes - For the first quarter of fiscal year 2025, the company reported revenue of $37.2 million, a decrease from $50 million in the same period last year, representing a decline of 26% [5][9] - Net income for the quarter was $8.4 million, or $0.65 per diluted share, down from $12.7 million, or $0.94 per diluted share, in the prior year, indicating a decrease of 34% in net income [5][9] Business Line Data and Key Metrics Changes - The Smart Water segment reported revenue of $7.3 million, an increase of 72% compared to $4.2 million in the same period last year, driven by higher demand for Hydrakon cable and connector products [6][9] - The Energy Solutions segment revenue was $24.3 million, down 39% from $39.9 million in the first quarter of fiscal year 2024, influenced by a significant sale of $30 million in the prior year [7][10] - The Intelligent Industrial segment revenue totaled $5.6 million, a decrease of 4% from $5.8 million in the same period last year, attributed to lower demand for imaging products [8][11] Market Data and Key Metrics Changes - The company sees significant potential in the municipal and multifamily marketplace for its water management solutions, indicating a focus on organic growth and potential acquisitions [6] - The company is monitoring the new administration's focus on border security and immigration, which may present opportunities for its products [18][33] Company Strategy and Development Direction - The company has realigned its business segments into Smart Water, Energy Solutions, and Intelligent Industrial to better reflect its technology-driven solutions [6] - The company completed a $7 million stock repurchase program, purchasing approximately 716,000 shares at an average price of $9.72 per share, indicating a commitment to returning value to shareholders [14] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism regarding future opportunities in the Smart Water segment, particularly with products like Hydrocon and Aquana, which have seen increased market uptake [27][29] - The company is actively engaging with partners regarding carbon capture technologies, although no immediate revenue opportunities have been identified [19] Other Important Information - Operating expenses for the first quarter were $12.3 million, an increase of 31% compared to $9.4 million in the same period last year, primarily due to higher personnel costs and increased R&D expenditures [12] - The company maintains a strong balance sheet with $22 million in cash and short-term investments, and total liquidity of $34 million [12] Q&A Session Summary Question: Any updates on Homeland Security activities? - Management is monitoring the new administration's direction, particularly regarding immigration and border protection, and is hopeful for opportunities [18] Question: Any developments in carbon capture? - Management continues discussions with partners but has not yet identified revenue-generating opportunities in carbon capture [19] Question: Insights on R&D projects? - Management indicated that some projects are capital intensive with long lead times, and additional R&D investments have been made recently [22][24] Question: Future expectations for Smart Water products? - Management noted strong market interest in Hydrocon and Aquana, with expectations for continued growth in both domestic and international markets [27][29] Question: Optimism regarding Quantum technology and border security? - Management sees potential opportunities but is awaiting clarity on funding allocations from the federal government [33] Question: Developments with PRM technology? - Management mentioned ongoing discussions but noted no pressing opportunities for PRM at this time [37][39]