Welcome to our dedicated page for Unisys Corporation news (Ticker: $UIS), a resource for investors and traders seeking the latest updates and insights on Unisys Corporation stock.
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Unisys (NYSE: UIS) reported financial results for the first quarter of 2024, with revenue declining 5.5% YoY, 7.1% decline in constant currency, while Ex-L&S revenue grew 4.0% YoY. Gross profit margin was 27.9%, down 290 bps. Operating profit margin was 3.6%, with operating cash flow of $23.8 million and free cash flow of $3.9 million. New Logo Total Contract Value more than doubled YoY. Unisys reiterated full-year guidance, anticipating strong second-half performance.
Unisys (UIS) CEO, Peter Altabef, will be attending the J.P. Morgan Technology, Media and Communications Conference on May 22, 2024. Investors can schedule one-on-one and small group meetings with Peter by contacting their J.P. Morgan representative.
