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 |
BLUE BELL, Pa., June 27, 2025 /PRNewswire/ -- Unisys Corporation (NYSE: UIS) ("Unisys" or the "Company") announced today the closing of its previously announced offering of $700.0 million aggregate principal amount of its 10.625% Senior Secured Notes due 2031 (the "Senior Secured Notes") through a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A and to certain persons outside of the United States pursuant to Regulation S, each under the Securities Act of 1933, as amended (the "Securities Act"). Unisys intends to use the net proceeds from the offering of the Senior Secured Notes, together with cash on hand, to finance its previously an
BLUE BELL, Pa., June 26, 2025 /PRNewswire/ -- Unisys Corporation (NYSE:UIS) ("we," "us," "our," "Unisys" or the "Company") is releasing early results as of 5:00 p.m., New York City time, on June 25, 2025 (the "Early Tender Expiration"), of our previously announced (i) tender offer (the "Tender Offer") to purchase for cash any and all of our outstanding 6.875% Senior Secured Notes due 2027 (the "Notes") and (ii) solicitation of consents from holders (each, a "Holder" and, collectively, the "Holders") of the Notes (the "Consent Solicitation") to proposed amendments (the "Proposed Amendments") to the indenture governing the Notes (the "Indenture").
BLUE BELL, Pa., June 16, 2025 /PRNewswire/ -- Unisys Corporation (NYSE:UIS) ("Unisys") announced today the pricing of $700 million aggregate principal amount of Senior Secured Notes due 2031 (the "Senior Secured Notes") through a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A and to certain persons outside of the United States pursuant to Regulation S, each under the Securities Act of 1933, as amended (the "Securities Act"). The offering of the Senior Secured Notes is expected to close on June 27, 2025, subject to customary closing conditions.
BLUE BELL, Pa., June 11, 2025 /PRNewswire/ -- Unisys Corporation (NYSE:UIS) ("we," "us," "our" or the "Company") today announced that it has commenced a tender offer (the "Tender Offer") to purchase for cash any and all of the Company's outstanding 6.875% Senior Secured Notes due 2027 (the "Notes"). In connection with the Tender Offer, the Company is also soliciting consents (the "Consents") from registered holders (each, a "Holder" and, collectively, the "Holders") of the Notes (the "Consent Solicitation") to proposed amendments (the "Proposed Amendments") to the indenture go
BLUE BELL, Pa., June 11, 2025 /PRNewswire/ -- Unisys Corporation (NYSE:UIS) ("Unisys") today announced its intention to offer, subject to market and other conditions, $700 million aggregate principal amount of its Senior Secured Notes (the "Senior Secured Notes") through a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A and to certain persons outside of the United States pursuant to Regulation S, each under the Securities Act of 1933, as amended (the "Securities Act"). Concurrently with the commencement of this offering, Unisys commenced a cash tender offer (the "Tender Offer") to purchase any and all of its outstanding $485 million
Unisys up 24 places in the ranking list, demonstrating high levels of satisfaction and engagement among employees BLUE BELL, Pa., June 10, 2025 /PRNewswire/ -- Unisys (NYSE:UIS) has been named to the Global Top 100 Most Loved Workplaces® by Newsweek for the second consecutive year. This prestigious recognition highlights the company's dedication to fostering a dynamic, empowered workplace culture by emphasizing key aspirational behaviors: explore, experiment, act with agility and take ownership. This commitment to employee experience has enhanced job satisfaction and supported professional development across the organization, resulting in Unisys climbing 24 places since the 2024 ranking to n
Top three teams recognized for ideas to create sustainable electric mobility, tumor diagnostics accuracy and remote neurological monitoring BENGALURU, India, and BLUE BELL, Pa., June 5, 2025 /PRNewswire/ -- Unisys (NYSE:UIS) is pleased to announce the winners of the 16th iteration of the Unisys Innovation Program (UIP), a competition for engineering students across India. Established in 2009, the program bridges the gap between academic learning and hands-on experience by bringing young engineers together with industry experts to develop creative technology-centric real-world solutions.
BLUE BELL, Pa., June 3, 2025 /PRNewswire/ -- Unisys (NYSE:UIS) has received Dell Technologies Partner of the Year awards in three distinct categories. Unisys and Dell have been co-collaborators of innovative solutions for more than 30 years and together deliver flexible, secure joint solutions for organizations worldwide. The companies align to provide solutions, including enhanced Zero Trust strengthened cyber recovery, digital workplace services such as Device Subscription Services and Virtual Desktop Infrastructure, AI innovation and private cloud managed services. Unisys, now a Dell Titanium Partner, also proudly attended Dell Technologies World 2025 in Las Vegas as a Gold sponsor.
BLUE BELL, Pa., May 30, 2025 /PRNewswire/ -- Unisys (NYSE:UIS) will be participating in the East Coast IDEAS Conference at The Westin Times Square in New York City on Wednesday, June 11, 2025. Mike Thomson, CEO and president of Unisys, will present at 8:35 a.m. EDT and host one-on-one and small group meetings with investors. Investors interested in scheduling meetings with Unisys executives should contact their respective conference representatives. The live webcast and a replay of the presentation will be accessible from the Unisys investor website at Investor Relations | Ear
Unisys recognized for best-in-class technology, Continuous Threat Exposure Management (CTEM) framework, and quantum risk assessments BLUE BELL, Pa., May 22, 2025 /PRNewswire/ -- Unisys (NYSE:UIS) has been named a leader in the 2025 Attack Surface Management (ASM) report by global analyst firm NelsonHall's Vendor Evaluation & Assessment Tool (NEAT). The company was awarded two leader designations in the Overall and Integration in Wider Cyber Resiliency Strategy market segments, solidifying its position as a front-runner in threat exposure management. Unisys was also positioned as a 'high achiever' in the report for the Automated Attack Surface Management Services segment.
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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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Thomson to succeed Peter A. Altabef, effective April 1, 2025 Altabef, CEO since 2015, to remain as Chair of the Board BLUE BELL, Pa., Dec. 5, 2024 /PRNewswire/ -- The Unisys (NYSE:UIS) Board of Directors announced today that it unanimously elected Mike Thomson, current President and Chief Operating Officer at Unisys, to succeed Peter Altabef as the company's CEO, effective April 1, 2025. Also, effective April 1, Thomson will join the company's Board and will retain his current title as President. Altabef, currently Chair and CEO, will continue as Chair of the Board. "On behal
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
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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 1Q24Total 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 Business(5) Total Contract Value (TCV)(3) of $337 million, an increase of 83% year over year (YoY) driven by new logo signingsUnisys reiterates 2025 full-year guidanceBLUE BELL, Pa., April 30, 20
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 will host a conference call with the financial community on Thursday, May 1, 2025, at 8 a.m. EDT to discuss the results. The company will offer a live, listen-only conference call webcast on the Unisys Investor Website at www.unisys.com/investor-relations. In addition, domestic callers can dial 1-844-695-5518 and international callers can dial 1-412-902
Company Exceeds Profitability Guidance and Meets Revenue Guidance, Significantly Improves Operating and Free Cash Flow Year over Year Full-year gross profit margin of 29.2%, up 180 bps year over year (YoY); Excluding License and Support (Ex-L&S)(13) gross profit margin of 17.6%, an improvement of 250 bps YoYFull-year operating profit margin of 4.8%, an improvement of 100 bps YoY; non-GAAP operating profit(6) margin of 8.8%, an improvement of 180 bps YoYFull-year revenue of $2,008.4 million, (0.3)% YoY as reported and in constant currency(1); in-line with the company's full-year guidanceFull-year operating cash flow of $135.1 million compared to $74.2 million in 2023, and free cash flow(9) of
BLUE BELL, Pa., Jan. 30, 2025 /PRNewswire/ -- Unisys (NYSE:UIS) announced it will release its fourth-quarter and full-year 2024 financial results on Tuesday, February 18, 2025, after the close of trading on the New York Stock Exchange. Unisys will host a conference call with the financial community on Wednesday, February 19, 2025, at 8 a.m. EST to discuss the results. The company will offer a live, listen-only conference call webcast on the Unisys Investor Website at www.unisys.com/investor. In addition, domestic callers can dial 1-844-695-5518 and international callers can di
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