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 reports developments across cloud, AI, digital workplace, applications and enterprise computing services for government, financial services and commercial clients. Recurring updates include quarterly results, new business signings, profitability trends, investor conferences and product activity within the ClearPath Forward ecosystem.
Company news also covers client and partner activity tied to Unisys technology platforms, including Cargo Portal Services for air cargo booking, digital workplace field services, global service desk operations, core banking and anti-money laundering capabilities, and research involving quantum computing applications for cybersecurity.
Unisys (NYSE: UIS) has been recognized as a Disruptor in Avasant's 2024 Freight and Logistics Digital Services RadarView™ report, highlighting its capabilities in driving digital transformation in the freight and logistics sector. The report emphasizes Unisys' ability to deliver significant business value through AI-powered innovation and proprietary cloud-based solutions like Unisys Logistics Optimization™ and Unisys Cargo Portal Services.
These solutions offer comprehensive cargo management, optimizing capacity utilization, route planning, and operational efficiency. Key strengths cited include proprietary solutions, AI-powered innovation using generative AI and quantum computing, and proven industry expertise with a track record spanning four decades. Unisys serves eight out of the top 10 airlines globally, positioning itself as a leading collaborator in digital transformation for logistics providers worldwide.
Unisys (NYSE: UIS) reports strong business interest in H1 2024, focusing on AI, cloud transformation, and integrated solutions. Key highlights include:
1. AI-enabled solutions: Helping clients evaluate ROI for generative AI and leveraging AI for data analysis.
2. Cross-mix solutions: Providing comprehensive IT support services, including digital workplace solutions and cloud applications.
3. Cloud transformation: Enabling secure multi-cloud environments and application transformation.
Unisys cites its innovation, collaboration, strategic approach, and global presence as key factors in winning new business across various industries and regions.
Unisys (NYSE: UIS) has announced its participation in the Deutsche Bank Leveraged Finance Conference on September 24-25, 2024. Key points include:
- CFO Debra McCann will represent Unisys
- McCann will present on September 25 at 10 a.m. ET
- One-on-one and small group meetings available on both days
- Investors can arrange meetings through conference representatives
- Live webcast and replay will be available on the Unisys Investor Website
This event provides an opportunity for investors to engage with Unisys executives and gain insights into the company's financial strategies and performance.
Unisys (NYSE: UIS) is set to participate virtually in the Sidoti Small-Cap Conference on September 19, 2024. CFO Debra McCann will represent the company, hosting virtual one-on-one and small group meetings with investors. Those interested in arranging meetings should contact the conference representatives.
A live webcast of the presentation will be available, with a replay accessible afterwards on the Unisys Investor Website at www.unisys.com/investor. This event provides an opportunity for investors to engage directly with Unisys leadership and gain insights into the company's operations and future plans.
Unisys (NYSE: UIS) has been named a leader in ISG's Provider Lens™ Private/Hybrid Cloud – Data Center Services quadrant reports for the fourth consecutive year. The company excels in AI-integrated solutions, cloud services, and modernization expertise in U.S. and U.K. markets. Unisys achieved leadership status in four sector quadrants:
- U.S. Managed Services for Midmarket
- U.S. Public Sector Managed Hosting
- U.S. Public Sector Managed Services
- U.K. Managed Services for Midmarket
ISG highlighted Unisys' strengths in FinOps, AIOps-based services, AI-powered public cloud solutions, and hybrid cloud expertise. The company was also recognized as a product challenger in several other quadrants across the U.S., U.K., Brazil, and France.
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.