Unisys Stock Price, News & Analysis

Unisys Corporation (NYSE: UIS) has secured a four-year contract valued at up to US$216 million to support the EU's eu-LISA agency, enhancing IT systems for border management. The consortium, including Uni Systems and Wavestone, will provide consulting, project delivery, and support services. The project focuses on biometric authentication and mobile integration to improve border security and streamline passenger flow. The contract's maximum value is contingent on service usage, with no guaranteed orders, highlighting potential revenue uncertainty.

Unisys Corporation (NYSE: UIS) is set to release its second-quarter 2021 financial results on August 2, 2021, after market close. A conference call will follow on August 3 from 8:00 - 9:00 a.m. Eastern Time for discussion of the results. Investors can listen live via a Webcast on the Unisys Investor Website. Unisys is a global IT solutions provider, offering services in digital workplace, cloud, enterprise computing, and cybersecurity.

Unisys Corporation (NYSE: UIS) announced its participation in the Google Cloud Partner Advantage Program as a reseller of Google Cloud and Google Workspace. This partnership enhances Unisys' ability to provide comprehensive cloud services, including advisory, transformation, application modernization, and managed services. The program enables Unisys to optimize clients' workplace environments while supporting their hybrid and multi-cloud journeys. Further recognition includes Unisys being named a leader in cognitive and self-healing IT infrastructure services by NelsonHall and recognized by ISG for public cloud solutions.

Unisys Corporation (NYSE: UIS) has deployed Unbound CORE to enhance its security through centralized management of cryptographic keys and code signing. This partnership addresses the need for improved security standards and efficiency across the organization. Unbound CORE creates a virtual mesh for key management, supporting digital certificates and encryption across the business cycle. CIO Mathew Newfield highlights the benefits of standardization and innovation from Unbound. The platform mitigates risks associated with cryptographic infrastructure, improving security posture and operational overhead.

Unisys Corporation (NYSE: UIS) has been recognized as an Amazon Web Services (AWS) Managed Service Provider (MSP) for the fourth consecutive year, highlighting its cloud managed services capabilities. This designation underscores Unisys' ability to aid clients in cloud migration and governance. Additionally, Unisys has earned the AWS Government Competency, showcasing its experience with government customers. The company also received accolades from NelsonHall and ISG for its IT infrastructure and cloud solutions, indicating strong market positioning.

Unisys Corporation (NYSE: UIS) announced an expansion of its golf sponsorship, adding three new players to its PGA TOUR roster, joining Ryan Palmer, a four-time winner. The new players are Will Zalatoris, currently ranked 29th globally and a contender at the U.S. Open; Sahith Theegala, a notable NCAA award winner; and Adam Schenk, with 20 Top-25 finishes in four seasons. Unisys aims to enhance its brand visibility and create positive associations with these skilled athletes as part of its strategic marketing efforts.

Unisys Corporation (NYSE: UIS) announced the appointment of Troy K. Richardson to its board of directors, effective July 1, 2021. Richardson, currently COO of PTC Inc., brings over 30 years of IT industry experience, including leadership roles at DXC Technology, Oracle, and SAP. He expressed enthusiasm for joining Unisys, emphasizing his intention to leverage his expertise in digital workplace services and cloud computing. Unisys's Chair and CEO, Peter Altabef, welcomed Richardson, noting his significant domain experience.

Unisys Corporation (NYSE: UIS) has announced its acquisition of Unify Square for $152.5 million, a move funded through existing cash. This acquisition, expected to close shortly, aims to enhance Unisys’ digital workplace services by integrating Unify Square's Unified Communications as a Service (UCaaS) solutions. The deal is projected to improve revenue growth and profitability while providing comprehensive governance and management solutions for secure, seamless collaboration. Unisys anticipates an accretive effect on adjusted EBITDA margin and free cash flow by 2023.