Unisys Corporation operates as an information technology services company worldwide. It operates in two segments, Services and Technology. The Services segment offers cloud and infrastructure services, application services, and business process outsourcing services. Its solutions include Unisys InteliServe, a service solution that transforms traditional service desk into an intelligent, user-centric experience aligned with the needs of the modern digital workplace; Unisys CloudForte, a comprehensive managed service offering to help accelerate the secure move of data and applications to the cloud; and Unisys Security Solutions, a portfolio that includes managed security services, security consulting services, the Unisys Incident Response Ecosystem subscription service, and the TrustCheck cyber risk management solution. The Technology segment designs and develops software, and hardware and other related products. Its products include Unisys ClearPath Forward, a software operating environment for high-intensity enterprise computing; and Unisys Stealth security software, which enables trusted identities to access micro-segmented critical assets and safely communicate through secure and encrypted channels. This segment also provides industry solutions, which help law enforcement agencies solve crime; social services case workers assist families; travel and transportation companies manage freight and distribution; and financial institutions deliver omnichannel banking. The company serves customers in the government, financial services, and commercial markets through direct sales force, distributors, resellers, and alliance partners. Unisys Corporation was founded in 1886 and is based in Blue Bell, Pennsylvania.
IPO Year:
Exchange: NYSE
Website: unisys.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/24/2023 | Buy → Hold | Maxim Group | |
| 11/9/2022 | Market Outperform → Market Perform | CJS Securities | |
| 11/9/2022 | $20.00 → $5.00 | Buy → Hold | Canaccord Genuity |
| 9/15/2021 | $35.00 | Buy | Maxim Group |
| 8/4/2021 | Hold → Buy | Canaccord Genuity |
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Maxim Group downgraded Unisys from Buy to Hold
CJS Securities downgraded Unisys from Market Outperform to Market Perform
Canaccord Genuity downgraded Unisys from Buy to Hold and set a new price target of $5.00 from $20.00 previously
Maxim Group initiated coverage of Unisys with a rating of Buy and set a new price target of $35.00
Canaccord Genuity upgraded Unisys from Hold to Buy
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TYSONS CORNER, Va. and PETAH TIKVA, Israel, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Cellebrite (NASDAQ:CLBT), a global leader in premier digital investigative solutions for the public and private sectors, announced today that Troy Richardson has joined its board of directors, effective August 13, 2024. Mr. Richardson is a seasoned technology executive with more than 30 years of experience in leading, scaling and transforming global organizations. He currently serves on the Unisys Corporation (NYSE:UIS) Board of Directors and previously served as a Director of the Board for Carestream Dental. Mr. Richardson was president of the Digital Thread group at PTC Inc. (NASDAQ:PTC) from 2021 until 2022
Accomplished executive brings significant senior human resources experience and expertise to Unisys BLUE BELL, Pa., April 3, 2024 /PRNewswire/ -- Unisys (NYSE:UIS) announced the appointment of Ruchi Kulhari as the company's senior vice president and chief human resources officer, effective immediately. She will report to Unisys Chair and CEO Peter Altabef. "As an information technology solutions company in an ever-evolving, fast-paced industry, our CHRO is a critical role for us, as recruiting, retaining, developing, and transforming our workforce to meet the needs of our clie
Accomplished executive brings decades of senior legal experience and expertise to Unisys BLUE BELL, Pa., Aug. 7, 2023 /PRNewswire/ -- Unisys (NYSE:UIS) announced the appointment of Kristen Prohl as the company's general counsel and chief administrative officer, effective immediately. She will report to Unisys Chair and CEO Peter Altabef. "As an information technology solutions company in an ever-evolving, fast-paced industry, our general counsel and chief administrative officer is a critical role," said Unisys CEO Peter Altabef. "Prohl's deep experience and her proven leadership abilities make her an exceptional addition to our senior leadership team." Prohl brings more than 20 years of lega
Sokenu succeeds Gerry Kenney, who is retiring from Unisys BLUE BELL, Pa., April 19, 2022 /PRNewswire/ -- Unisys Corporation (NYSE:UIS) today announced the appointment of Claudius O. Sokenu as senior vice president, general counsel and secretary. He will lead Unisys' global legal, corporate secretary and ethics and compliance functions. He will report to Unisys Chair and Chief Executive Officer Peter Altabef. His appointment is effective May 2. Sokenu joins Unisys from Cognizant, a Fortune 200 information technology company, where he served as senior vice president, global depu
BLUE BELL, Penn., April 14, 2022 /PRNewswire/ -- Unisys Corporation (NYSE:UIS) today announced the appointment of Debra "Deb" McCann as executive vice president and chief financial officer (CFO). McCann, who reports to Unisys Chair and Chief Executive Officer Peter Altabef, leads the finance function for the company, which includes controllership, investor relations, financial planning and analysis (FP&A), treasury, tax and internal audit. Her appointment is effective May 2. McCann joins Unisys from Dun & Bradstreet (D&B), where she most recently served as treasurer and senior
WESTMINSTER, Colo., Dec. 14, 2021 /PRNewswire/ -- Global security pioneer Coalfire named Dennis Schumacher to the position of chief financial officer and established a new C-level position with the appointment of Chris Kloes as chief revenue officer (CRO). "After celebrating our 20th year, surpassing 1,000 employees, and breaking all revenue records, Coalfire's executive leadership is focused on our clients' security and compliance future," said CEO Tom McAndrew. "With Chris and Dennis on the team, we're poised to continue our growth through the integration of services and sol
VANCOUVER, British Columbia , April 26, 2021 (GLOBE NEWSWIRE) -- via InvestorWire – Hunter Technology Corp. (TSXV:HOC, OTCQB:HOILF, WKN: A2QEYH, FSE: RWPM, OTC:HOILF) ("Hunter" or the "Company") is pleased to announce that Mr. Alex Wong has been appointed to its Board of Directors, effective immediately. Mr. Wong is a co-founder of China Soft Capital, an independent private equity and asset management firm with a focus on strategic emerging industries and financial technology, recognized as one of the top private equity investment institutions in China. He has a proven track record making strategic investments in private and public technology companies globally based on more than 30 year
Decades of delivering innovation position Unisys as a top 2024 tech leader BLUE BELL, Pa., Nov. 21, 2024 /PRNewswire/ -- Unisys (NYSE:UIS) is excited to announce its selection as a winner in Fast Company's 2024 Next Big Things in tech list under the new category, Enduring Impact: 15+ Years in Business, honoring the most groundbreaking technological innovations of 2024. This recognition underscores the company's longstanding commitment to innovation and, most significantly, its influence on the travel and transportation (including air cargo and freight forwarders) industries with its Unisys Logistics Optimization™ solution.
Global technology solutions company enhances workplaces with innovative AI-driven insights and experience-centric transformations BLUE BELL, Pa., Nov. 19, 2024 /PRNewswire/ -- Unisys (NYSE:UIS) has been named a leader in Everest Group's Digital Workplace Services PEAK Matrix® Assessment 2024 – Mid-market Enterprises. Highlighted in the report are the company's strong capabilities in workplace consulting and analytics-driven transformations for mid-market enterprises seeking experience-centric solutions. The inaugural report from Everest Group showcases providers of digital wor
BLUE BELL, Pa., Nov. 8, 2024 /PRNewswire/ -- Unisys (NYSE:UIS) announces that its management team will host one-on-one and small group meetings in the following upcoming investor conferences: The Southwest IDEAS Investor Conference in Dallas, Texas, on November 20, 2024.The Bank of America Securities Leveraged Finance Conference in Boca Raton, Florida, on December 3-4, 2024.The Sidoti Small-Cap Virtual Investor Conference on December 5, 2024.Investors interested in arranging meetings with Unisys executives should contact their respective conference representatives. About Unisy
73% of executives believe AI adoption is critical for long-term competitiveness BLUE BELL, Pa., Oct. 30, 2024 /PRNewswire/ -- Unisys (NYSE:UIS) released a new report that shows employees and employers alike believe AI positively affects their work environment. The study surveying respondents from four countries highlights the transformative impact of AI on job satisfaction, productivity and career progression, underscoring its growing importance on organizational strategies. Unisys' new research, "The AI Equation: 2024 AI Business Impact Research", reveals that 71% of employe
Unisys Continues Strong New Business(6) Signings and Raises Profitability Guidance Revenue growth of 7.0% year over year (YoY), an 8.2% increase in constant currency(1) Gross profit margin of 29.2%, up 870 bps YoY; Excluding License and Support (Ex-L&S)(15) gross profit margin of 17.9%, up 390 bps YoYOperating profit margin of 1.5 %, up 520 bps YoY; non-GAAP operating profit(8) margin of 9.9 %, up 980 bps YoYCash provided by operations of $32.0 million, compared to cash used for operations of $(4.1) million for the third quarter of 2023 (3Q23), and free cash flow(11) of $14.2 million compared to $(25.7) million for 3Q23New Business Total Contract Value (TCV)(4) increased 50% YoY driven by m
The program's next cycle will focus on emerging technologies such as artificial intelligence (AI), quantum computing, and the internet of things (IoT) BENGALURU, India and BLUE BELL, Pa., Oct. 24, 2024 /PRNewswire/ -- Unisys (NYSE:UIS) has opened registration for its sixteenth annual Unisys Innovation Program (UIP), the company's flagship technical project competition for engineering students in India. The ten-month program provides aspiring innovators the opportunity to learn hands-on from Unisys mentors, subject matter experts, and other leaders before entering the workforce. Program participants will work collaboratively to think outside the box and develop cutting-edge solutions that hav
Unisys awarded with 30 leader designations across six regions, excelling in providing tools for collaboration, productivity, strategy and sustainability BLUE BELL, Pa., Oct. 23, 2024 /PRNewswire/ -- Unisys (NYSE:UIS) has been named a leader in all quadrants by Information Services Group (ISG) in its 2024 ISG Provider Lens™ Future of Work Services Report. ISG awarded Unisys 30 leader designations across six regions — including the U.S., U.S. Public Sector, Australia, Brazil, Germany, Switzerland and the U.K. The company was also named a leader in two new quadrants added to the report this year: Workplace Strategy and Enablement Services and Smart and Sustainable Workplace Services.
BLUE BELL, Pa., Oct. 22, 2024 /PRNewswire/ -- Unisys (NYSE:UIS) is excited to announce its participation in the EDUCAUSE Annual Conference 2024, taking place in San Antonio, TX, from Oct. 21 – 24. This leading event brings together executives in the higher education technology sector to network, share ideas and discover innovative solutions to today's challenges. "Participating in the EDUCAUSE Annual Conference 2024 is a fantastic opportunity for us to engage with leaders in higher education and together, create breakthroughs in this sector," said Rudy Gonzalez, managing direc
BLUE BELL, Pa., Oct. 14, 2024 /PRNewswire/ -- Unisys (NYSE:UIS) announced it will release its third-quarter 2024 financial results on Tuesday, October 29, 2024, after the close of trading on the New York Stock Exchange. Unisys will host a conference call with the financial community on Wednesday, October 30, 2024, at 8 a.m. ET to discuss the results. The company will offer a live, listen-only webcast of the conference call on the Unisys Investor Website at www.unisys.com/investor. In addition, domestic callers can dial 1-844-695-5518 and international callers can dial 1-412-90
Practice maturity, innovation in emerging technologies and partner ecosystem earn global tech company "Leader" title for the third consecutive year BLUE BELL, Pa., Oct. 9, 2024 /PRNewswire/ -- Unisys (NYSE:UIS) has been named a leader in Avasant's Digital Workplace Services 2024 RadarView™. Unisys earned this recognition for its persona-based digital workplace services and continuous focus on enhancing the employee experience driven by AI innovation. "Unisys is dedicated to transforming the modern workplace with innovative solutions that seamlessly integrate remote and hybrid
Unisys Continues Strong New Business(6) Signings and Raises Profitability Guidance Revenue growth of 7.0% year over year (YoY), an 8.2% increase in constant currency(1) Gross profit margin of 29.2%, up 870 bps YoY; Excluding License and Support (Ex-L&S)(15) gross profit margin of 17.9%, up 390 bps YoYOperating profit margin of 1.5 %, up 520 bps YoY; non-GAAP operating profit(8) margin of 9.9 %, up 980 bps YoYCash provided by operations of $32.0 million, compared to cash used for operations of $(4.1) million for the third quarter of 2023 (3Q23), and free cash flow(11) of $14.2 million compared to $(25.7) million for 3Q23New Business Total Contract Value (TCV)(4) increased 50% YoY driven by m
BLUE BELL, Pa., Oct. 14, 2024 /PRNewswire/ -- Unisys (NYSE:UIS) announced it will release its third-quarter 2024 financial results on Tuesday, October 29, 2024, after the close of trading on the New York Stock Exchange. Unisys will host a conference call with the financial community on Wednesday, October 30, 2024, at 8 a.m. ET to discuss the results. The company will offer a live, listen-only webcast of the conference call on the Unisys Investor Website at www.unisys.com/investor. In addition, domestic callers can dial 1-844-695-5518 and international callers can dial 1-412-90
Unisys Continues Strong Momentum in New Business(6) Signings and Reiterates Full-Year Guidance Revenue growth of 0.3% year over year (YoY), a 0.5% increase in constant currency(1); Excluding License and Support (Ex-L&S)(15) revenue was flat YoY, a 0.1% increase in constant currencyGross profit margin of 27.2%, an improvement of 290 bps YoY; Ex-L&S gross profit margin of 18.7%, an increase of 270 bps YoYOperating profit margin of 4.9 %; non-GAAP operating profit(8) margin of 6.1 %New Business Total Contract Value (TCV)(4) increased 64% YoY and 17% quarter-over-quarter (QoQ) driven by more than doubling of new logo signings in both YoY and QoQBLUE BELL, Pa., Aug. 5, 2024 /PRNewswire/ -- Unisys
BLUE BELL, Pa., July 23, 2024 /PRNewswire/ -- Unisys (NYSE:UIS) announced it will release its second-quarter 2024 financial results on Monday, August 5, 2024, after the close of trading on the New York Stock Exchange. Unisys will host a conference call with the financial community on Tuesday, August 6, 2024, at 8 a.m. EDT to discuss the results. The company will offer a live, listen-only webcast of the conference call on the Unisys Investor Website at www.unisys.com/investor. In addition, domestic callers can dial 1-844-695-5518 and international callers can dial 1-412-902-674
Unisys Reiterates Full-Year Guidance and Builds Momentum in New Logo Signings Revenue declined 5.5% year over year (YoY), 7.1% decline in constant currency(1); Excluding License and Support (Ex-L&S)(15) revenue grew 4.0% YoY, 3.0% growth in constant currencyGross profit margin of 27.9%, down 290 bps; Ex-L&S gross profit margin of 18.0%, up 420 bpsOperating profit margin of 3.6 %; non-GAAP operating profit(8) margin of 7.1 %Operating cash flow of $23.8 million, compared to $12.8 million for 1Q23, and free cash flow(11) of $3.9 million compared to $(7.5) million for 1Q23New Logo Total Contract Value (TCV)(4) more than doubled YoYBLUE BELL, Pa., May 7, 2024 /PRNewswire/ -- Unisys Corporation (N
BLUE BELL, Pa., April 24, 2024 /PRNewswire/ -- Unisys (NYSE:UIS) announces the date for its first-quarter 2024 financial results and conference call and its participation in upcoming investor conferences. First-Quarter 2024 Financial Results Unisys will release its first-quarter 2024 financial results on Tuesday, May 7, 2024, after the close of trading on the New York Stock Exchange. Management will host a conference call with the financial community on Wednesday, May 8, 2024, at 8 a.m. EST to discuss the results. The company will offer a live, listen-only webcast of the confe
Company Exceeds 2023 Upwardly Revised Revenue and Profitability Guidance, Delivers Strong Growth in Contract Signings in 4Q Full-year revenue growth of 1.8% year over year (YoY), or 1.6% in constant currency(1); Excluding License and Support (Ex-L&S)(15) revenue growth of 4.9% YoY both as reported and in constant currency4Q revenue up 0.1% YoY, a decline of 2.1% in constant currency; 4Q Ex-L&S revenue growth of 6.8% YoY, or 4.3% in constant currencyFull-year operating profit margin of 3.8%; non-GAAP operating profit(8) margin of 7.0%Full-year operating cash flow of $74.2 million compared to $12.7 million for 2022, and free cash flow(11) of ($4.5) million compared to ($73.2) million for 2022E
BLUE BELL, Pa., Feb. 6, 2024 /PRNewswire/ -- Unisys (NYSE:UIS) announces the date for its fourth-quarter and full-year 2023 financial results and conference call and its participation in an upcoming investor conference. Fourth-Quarter and Full-year 2023 Financial Results Unisys will release its fourth-quarter and full-year 2023 financial results on Wednesday, February 21, 2024, before the open of trading on the New York Stock Exchange. Management will host a conference call at 8 a.m. EST that same day with the financial community to discuss the results. The company will offer
Next-Gen Solutions Drive Strong Growth in Pipeline; Company Reaffirms Full-Year Guidance Revenue decline of 7.4% year over year (YoY), or a decline of 6.3% YoY in constant currency(1) due to anticipated lower License and Support (L&S) renewalsExcluding License and Support (Ex-L&S)(14), revenue growth of 4.9% YoY, or growth of 6.5% in constant currencyGross profit margin of 24.3%, down 450 bps, Ex-L&S gross margin of 16.0%, up 560 bpsEx-L&S pipeline(3) growth of 22% YoY and 15% quarter over quarter (QoQ)Next-Gen Solutions(7) pipeline growth of 55% YoY and 25% QoQBLUE BELL, Pa., Aug. 1, 2023 /PRNewswire/ -- Unisys (NYSE:UIS) today reported financial results for the second quarter ended June 3
BLUE BELL, Pa., July 18, 2023 /PRNewswire/ -- Unisys (NYSE:UIS) announces the dates for its second-quarter 2023 financial results and conference call and its participation in an upcoming investor conference. Second-Quarter 2023 Financial Results Unisys will release its second-quarter 2023 financial results on Tuesday, August 1, 2023, after the close of trading on the New York Stock Exchange. Unisys will host a conference call with the financial community on Wednesday, August 2, 2023, at 8:00 a.m. Eastern Time to discuss the results. The company will offer a live, listen-only webcast of the conference call on the Unisys Investor Website at www.unisys.com/investor. In addition, domestic caller
Unisys (NYSE:UIS) today announced it closed agreements with F&G Annuities & Life, Inc. ("F&G") on March 28th to purchase group annuity contracts totaling almost $200 million using plan assets. Unisys will transfer projected benefit obligations valued at a similar amount related to certain retirees under one of the company's U.S. qualified pension plans to F&G. As part of the transfer, F&G's insurance subsidiaries, Fidelity & Guaranty Life Insurance Company and Fidelity & Guaranty Life Insurance Company of New York, will assume responsibility for pension benefits for approximately 3,800 retirees and beneficiaries with monthly benefits lower than certain thresholds. There will be no changes
Shares of International Flavors & Fragrances Inc. (NYSE:IFF) fell during Wednesday’s session after the company reported mixed fourth-quarter financial results and reduced its expected quarterly dividend approximately 50% to 40 cents per share. International Flavors & Fragrances shares dipped 8.4% to $75.11 on Wednesday. Here are some other stocks moving in today's mid-day session. Gainers Greenbrook TMS Inc. (NASDAQ:GBNH) climbed 120.8% to $0.4351. Greenbrook TMS raised $2.5 million in debt financing. Emergent BioSolutions Inc. (NYSE:EBS) gained 84% to $2.8050. Emergent BioSolutions appointed Joseph Papa as President and CEO, effective Feb. 21, 2024. Ventyx Biosciences, Inc. (NASDAQ
Unisys Corporation (NYSE:UIS) shares are slumping on Wednesday. The company reported fourth-quarter adjusted earnings per share of 51 cents, smashing the street view of 20 cents. Quarterly revenues of $557.60 million beat the analyst consensus of $535.27 million. Fourth quarter revenue was up 0.1% year over year; however, it marked a decline of 2.1% in constant currency. Digital Workplace Solutions’ revenue increased 8.9% year over year, driven by new business with existing clients. Cloud, Applications & Infrastructure Solutions revenue increased 0.1% year over year, a 0.5% decline in constant currency. Enterprise Computing Solutions revenue declined in the fourth quarter 10.
Gainers Locafy (NASDAQ:LCFY) stock increased by 13.5% to $6.81 during Wednesday's regular session. The company's market cap stands at $8.6 million. Movano (NASDAQ:MOVE) shares moved upwards by 12.29% to $0.63. The company's market cap stands at $35.0 million. The Hackett Group (NASDAQ:HCKT) stock increased by 9.33% to $25.06. The company's market cap stands at $682.5 million. As per the news, the Q4 earnings report came out yesterday. CSP (NASDAQ:CSPI) stock moved upwards by 8.89% to $32.45. The company's market cap stands at $157.6 million. MMTEC (NASDAQ:MTC) stock increased by 8.46% to $1.41. The company's market cap stands at $280.7 million. Losers Synchronoss Technologies (NASDAQ
2024 Financial Guidance The company has issued full-year 2024 revenue growth and profitability guidance: Guidance Revenue growth in constant currency (1.5)% to 1.5% Non-GAAP operating profit margin 5.5% to 7.5% Constant currency revenue guidance implies (1.0)% to 2.0% revenue growth as reported, based on recent exchanges rates, and assumes Ex-L&S full-year revenue growth of 1.5% to 5.0% and L&S revenue of approximately $375 million.
Unisys (NYSE:UIS) reported quarterly earnings of $0.51 per share which beat the analyst consensus estimate of $0.20 by 155 percent. This is a 58.2 percent decrease over earnings of $1.22 per share from the same period last year. The company reported quarterly sales of $557.60 million which beat the analyst consensus estimate of $535.27 million by 4.17 percent. This is a 0.11 percent increase over sales of $557.00 million the same period last year.
Companies Reporting Before The Bell • Gatos Silver (NYSE:GATO) is estimated to report quarterly earnings at $0.09 per share on revenue of $83.00 million. • Wix.com (NASDAQ:WIX) is likely to report quarterly earnings at $0.95 per share on revenue of $402.83 million. • Rio Tinto (NYSE:RIO) is expected to report earnings for its Fiscal Year 2023. • Euroseas (NASDAQ:ESEA) is estimated to report quarterly earnings at $3.50 per share on revenue of $49.57 million. • Bausch & Lomb (NYSE:BLCO) is likely to report earnings for its fourth quarter. • Clean Harbors (NYSE:CLH) is estimated to report quarterly earnings at $1.69 per share on revenue of $1.36 billion. • Constellium (NYSE:CSTM) is expe
Gainers Alpha Technology Group (NASDAQ:ATGL) stock rose 29.1% to $14.07 during Friday's regular session. The company's market cap stands at $214.7 million. Aurora Mobile (NASDAQ:JG) stock increased by 22.64% to $3.92. The company's market cap stands at $23.4 million. Duos Technologies Group (NASDAQ:DUOT) stock increased by 20.98% to $2.45. The market value of their outstanding shares is at $17.7 million. Cemtrex (NASDAQ:CETXP) shares moved upwards by 16.09% to $0.94. Unisys (NYSE:UIS) stock moved upwards by 9.94% to $6.41. The company's market cap stands at $438.4 million. Transact Technologies (NASDAQ:TACT) stock increased by 8.85% to $7.5. The company's market cap stands at $74.6 mil
Unisys (NYSE:UIS) announced in a previous statement released on November 27, 2023, annuity purchase agreements to transfer a portion of its U.S. pension obligations. In the release, the company anticipated the action would result in a one-time, non-cash, pre-tax settlement charge of approximately $244 million. The company is revising that estimate to approximately $179 million. The settlement charge will be finalized and communicated as part of the company's year-end 2023 financial results.