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 |
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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Unisys expands global logistics footprint; enables Qatar Airways Cargo to unlock cost-savings and improve efficiency BLUE BELL, Pa., Jan. 15, 2025 /PRNewswire/ -- Unisys (NYSE:UIS) announces the addition of Qatar Airways Cargo – the largest airline globally for cargo transportation – to its Cargo Portal Services (CPS) platform. This addition offers freight forwarders immediate visibility into the airline's cargo capacity, enabling easy search and booking of shipments on Qatar Airways Cargo's routes. With more than 33,000 freight forwarders, the Unisys CPS platform provides air
The company awarded five stars for practice maturity, partner ecosystem, and investments and innovation BLUE BELL, Pa., Jan. 13, 2025 /PRNewswire/ -- Unisys (NYSE:UIS) has been named a Leader in the Avasant End-User Computing Services 2024-2025 RadarView™ report for the second consecutive year. This recognition underscores Unisys' continued excellence and innovation in delivering end-user computing services that enhance the user experience and drive business outcomes. The Avasant RadarView™ report evaluates 34 providers using a rigorous methodology across key dimensions of pra
Digital agility, client-centric and scalable solutions, and automation capabilities position Unisys as a leader across multiple quadrants in the U.S., U.S. Public Sector, UK and Brazil BLUE BELL, Pa., Jan. 9, 2025 /PRNewswire/ -- Unisys (NYSE:UIS) has been named a leader in the 2024 ISG Provider Lens™ Multi Public Cloud Services Report. The report evaluates providers' ability to facilitate public cloud services, including migration, consulting and transformation, managed services, financial operations services (FinOps), and more. The 2024 report marks the fifth consecutive year ISG has designated Unisys as a leader in multiple quadrants evaluated by the global analyst firm. ISG defines leade
BLUE BELL, Pa., Dec. 18, 2024 /PRNewswire/ -- Unisys (NYSE:UIS) announced that the Financial Times has recognized the company as one of 2025 Best Employers to work for in Asia Pacific, placing Unisys in the top 35% of the 500 employers in the ranking. Represented by employees in more than thirty countries, this recognition underscores Unisys' commitment to fostering connections and understanding and valuing the employee experience worldwide. "We are honored to be recognized as a premier employer in the Asia-Pacific region, a testament to our unwavering support for our global w
BLUE BELL, Pa., Dec. 13, 2024 /PRNewswire/ -- Unisys (NYSE:UIS) will participate in the Needham Growth Conference in New York City. Unisys President and Chief Operating Officer, Mike Thomson, will present in person and host one-on-one and small group meetings with investors on January 14, 2025 at 8:45 a.m. ET. Other members of executive management will also host virtual investor meetings during the conference on January 16-17, 2025. On April 1, 2025, Mike Thomson, 56, will succeed Peter Altabef, 65, CEO since 2015 and Unisys' longest-serving CEO. Altabef will remain as Chair o
From AI-powered interfaces to quantum-safe security, the report highlights opportunities for innovation and strategic growth BLUE BELL, Pa., Dec. 12, 2024 /PRNewswire/ -- Unisys (NYSE:UIS) released its latest report, Top IT Insights for 2025: Navigating the Future of Technology and Business, unveiling eight trends that may promise to reimagine enterprise technology. Based on extensive discussions with industry experts and company leadership, this comprehensive analysis identifies key insights ranging from AI-powered natural language interfaces and quantum-safe cryptography to the evolution of cloud-edge computing and hybrid work models.
Unisys demonstrates its leadership in customer experience for the third year in a row by being awarded the prestigious Gold in the 2024 Best Customer Experience Annual Awards by the European Contact Centre and Customer Support Association (ECCCSA). LONDON and BLUE BELL, Pa., Dec. 9, 2024 /PRNewswire/ -- Unisys (NYSE:UIS) has won the Gold Award at the 2024 European Contact Center and Customer Service Awards for its outstanding customer experience practices. Unisys' Digital Workplace Solutions global service delivery team received recognition for optimizing client experiences th
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
The company earns milestone recognition for its outstanding strategy and deployment of AI solutions BLUE BELL, Pa., Dec. 3, 2024 /PRNewswire/ -- Unisys (NYSE:UIS) has been named a global leader by Information Services Group (ISG) in its 2024 Provider Lens™ report for Generative AI Services. This prestigious acknowledgment highlights Unisys' exceptional capabilities in two of the report's quadrants: Strategy and Consulting for Mid-Size Providers and the Deployment and Development Services for Mid-Size Providers. "Navigating the complexities of digital transformation can be daun
Celebrated for its winning culture and commitment to employee growth, Unisys empowers itsengineers to excel BLUE BELL, Pa., Nov. 25, 2024 /PRNewswire/ -- Unisys (NYSE:UIS) is excited to announce that Forbes has recognized the company as one of America's Best Employers for Engineers in 2025. The demand for engineers is at an all-time high, and this new list from Forbes is designed to help engineers match their skill sets with the right employers. Unisys has a vibrant culture and is committed to ensuring employee satisfaction, creating career growth opportunities, delivering competitive compensation, and building a strong workplace culture for all employees.
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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
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