Welcome to our dedicated page for Unisys news (Ticker: UIS), a resource for investors and traders seeking the latest updates and insights on Unisys stock.
Unisys Corporation (NYSE: UIS) is a global technology solutions company whose news flow reflects its focus on cloud, AI, digital workplace, applications, logistics in some descriptions, and enterprise computing. Company announcements frequently highlight how Unisys works with leading organizations and public sector entities, as well as its role in emerging areas such as generative AI, cybersecurity, and hybrid cloud strategies.
On this page, readers can follow UIS news related to technology insights, industry recognition, investor events, and innovation initiatives. Recent releases include Unisys’ "Top IT Insights" report on AI application trends, cybersecurity, data sovereignty, and workload placement, along with recognition from Information Services Group (ISG) as a Leader in Generative AI Services and Future of Work Services. These items illustrate how the company positions its AI and digital workplace capabilities.
Investors and observers will also find news about Unisys’ participation in investor conferences, where management presents and hosts one-on-one and small group meetings. Additional coverage includes awards such as the Enterprise & AI Innovation Award from Plug and Play and updates on the Unisys Innovation Program, a long-running competition for engineering students in India focused on technologies like AI, quantum computing, and IoT.
Together, these updates provide a view into how Unisys communicates its strategy in cloud, AI, digital workplace, applications, and enterprise computing, as well as its engagement with clients, partners, students, and the investment community. Users interested in UIS can use this news feed to review company perspectives on technology trends and its role in enterprise and public sector transformation.
Unisys (NYSE: UIS) announces that MAB Kargo, the air cargo division of Malaysia Aviation Group, has selected Unisys Logistics Optimization™ to enhance operational efficiency and capacity utilization. The solution aims to address challenges in the air cargo industry, such as underutilized space, missed revenue opportunities, and shipment damage. MAB Kargo CEO Mark Jason Thomas emphasizes that this investment will cement their position as an industry leader.
The Unisys solution is expected to help MAB Kargo:
- Empower sales teams to proactively fill planes
- Reduce ground handler labor costs
- Limit claims and damages
- Improve fuel efficiency
- Minimize carbon footprint
Unisys (NYSE: UIS) has been named a Leader in the NelsonHall 2024 NEAT Evaluation for Cloud Infrastructure Management Services. This marks the fourth consecutive time Unisys has achieved this recognition. The company received leader designations across all six categories: Overall, AWS, Microsoft Azure, Cloud Management, Cloud Orchestration, and Google Cloud Platform.
Key strengths highlighted in the report include Unisys's extensive IP and accelerators, dedicated hybrid cloud business office, client-objective-based transformation approach, and investment in industry solutions platforms. NelsonHall praised Unisys's cloud-agnostic approach and ongoing investments in SRE-led operations, FinOps, AIOps, sustainability, and GenAI to enhance its cloud capabilities.
Unisys (NYSE: UIS) reported Q2 2024 financial results, showing continued momentum in new business signings and reiterating full-year guidance. Key highlights include:
- Revenue growth of 0.3% year-over-year (YoY), 0.5% in constant currency
- Gross profit margin of 27.2%, up 290 bps YoY
- Operating profit margin of 4.9%; non-GAAP operating profit margin of 6.1%
- New Business Total Contract Value (TCV) increased 64% YoY and 17% quarter-over-quarter
- Ex-License and Support (Ex-L&S) revenue was flat YoY, 0.1% increase in constant currency
- Ex-L&S gross profit margin of 18.7%, up 270 bps YoY
The company reiterated its full-year 2024 guidance, projecting revenue growth of -1.5% to 1.5% in constant currency and non-GAAP operating profit margin of 5.5% to 7.5%.
Unisys (NYSE: UIS) has announced its participation in the Deutsche Bank Technology Conference on August 28, 2024. The event will take place at the Waldorf Astoria Monarch Beach in Dana Point, California. Unisys management will be available throughout the day for one-on-one and small group meetings with investors.
This conference provides an opportunity for investors to engage directly with Unisys representatives and gain insights into the company's strategies and performance. Interested investors are advised to contact their Deutsche Bank representative to schedule meetings with Unisys management during the event.
Unisys (NYSE: UIS) has announced the release date for its second-quarter 2024 financial results. The company will disclose the results on Monday, August 5, 2024, after the New York Stock Exchange closes. Following this, Unisys will host a conference call with the financial community on Tuesday, August 6, 2024, at 8 a.m. EDT to discuss the results.
Investors can access a live, listen-only webcast of the conference call on the Unisys Investor Website. Additionally, domestic callers can dial 1-844-695-5518, while international callers can use 1-412-902-6749, with the conference passcode: Unisys Call. A webcast replay and audio replay will be available shortly after the call, accessible until August 20, 2024.
Unisys (NYSE: UIS) has been honored with two awards by Dell Technologies as part of the 2024 Global Alliances Partner of the Year recognition.
The awards, announced on June 24, 2024, include the 2024 Global Alliances Trailblazer Partner of the Year, Global and the 2024 Global Alliances Expansion Partner of the Year, Americas. These accolades highlight Unisys' commitment to technological innovation and its significant growth in the Americas region.
Mike Thomson, president and COO of Unisys, emphasized the company's dedication to pushing technological boundaries and enhancing client relationships through its collaboration with Dell Technologies.
Unisys (NYSE: UIS) has been named to Newsweek's Top 100 Global Most Loved Workplaces list for 2024. This recognition highlights Unisys' focus on core aspirational behaviors such as exploration, experimentation, agility, and ownership, which foster a thriving workplace culture. The company prioritizes employee sentiment across five areas: future outlook, career achievement, value alignment, respect at all levels, and collaboration. This distinction underscores Unisys' commitment to inclusion, employee wellness, diversity, career development, and strong leadership. Unisys' placement on the list follows a survey of over 2 million employees from companies of varying sizes.
Unisys (NYSE: UIS) has been honored with two HDI Global Service and Support Awards: 'Best Customer Experience' and 'Best Service and Support Manager.' The awards acknowledge the company's Digital Workplace Solutions (DWS) team for optimizing client customer experiences and Service Desk Manager Gilberto Sanchez for his exceptional service. In 2023, Unisys also won 'Best Culture' and 'Best Support Organization' awards. According to Joel Raper, SVP of Digital Workplace Solutions, service excellence is pivotal to Unisys's client solutions. The HDI awards highlight top standards in technical support and service management across various categories. Patrycja Sobera, VP of Digital Workplace Solutions Delivery, praised Sanchez's leadership and commitment to customer service. Unisys's DWS offers tools and services for secure, flexible work environments, including the Unisys Next-Generation Service Desk.
Unisys (NYSE: UIS) has announced the winners of its 15th Annual Unisys Innovation Program (UIP), a competition aimed at fostering collaboration between young engineers and industry leaders. The program saw a record-breaking 11,000 registrants and over 800 project submissions across ten themes. The top three winners include two teams from Ramaiah Institute of Technology and one from Sri Manakula Vinayagar Engineering College. They presented innovative projects in AI, IoT, and environmental sustainability. The program serves as a platform to nurture India's top talent pool and connect them with industry leaders.
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.