Unisys(US:UIS)2025-05-01 15:06Financial Performance - Total company revenue declined by 11.4% year-over-year to $432 million, or 8.5% in constant currency, driven by software license renewals and lower client volumes[13] - Ex-L&S revenue decreased by 10.4% year-over-year to $361 million, or 5.5% in constant currency, due to lower volumes with existing clients[13] - Total Company gross margin was 24.9%, a decrease of 300 bps year-over-year[21] - Ex-L&S gross margin was 17.8%, a decrease of 20 bps year-over-year[21] - GAAP Operating Profit decreased to $5.1 million from $17.7 million, while Non-GAAP Operating Profit decreased to $11.9 million from $34.4 million[55] - GAAP Diluted Loss Per Share was ($0.42), compared to ($2.18) in the prior year; Non-GAAP Diluted Loss Per Share was ($0.05) compared to earnings of $0.04 in the prior year[59] Sales Metrics and Outlook - Total Company Total Contract Value (TCV) increased by 17% year-over-year to $434 million[11] - Ex-L&S New Business TCV increased by 83% year-over-year to $337 million, driven by new logo signings[11] - The company reiterated full-year constant currency revenue growth guidance of +0.5% to +2.5%[9] - The company increased full-year L&S revenue expectations to $410 million, up from $390 million[9]