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.
Unisys Corporation (NYSE: UIS) is a global information technology company that provides innovative, industry-focused solutions integrated with cutting-edge security to clients in government, financial services, and commercial markets. The company operates through three main segments: Digital Workplace Solutions (DWS), Cloud, Applications & Infrastructure Solutions (CA&I), and Enterprise Computing Solutions (ECS).
Digital Workplace Solutions (DWS) focuses on transforming digital workplaces securely to create exceptional end-user experiences. This segment has witnessed increased activity with existing clients, contributing to consistent growth.
Cloud, Applications & Infrastructure Solutions (CA&I) offers digital platform services, application solutions, and infrastructure management. The segment is known for its robust digital platform solutions, and its recent performance has been bolstered by new business with existing clients.
Enterprise Computing Solutions (ECS) harnesses secure, continuous high-intensity computing to enable digital services through software-defined operating environments. The ECS segment recently unveiled the Unisys Logistics Optimization™ solution, leveraging quantum computing, advanced analytics, and pre-trained AI models to address complex logistics challenges more efficiently.
Financially, Unisys reported another solid quarter with a 0.7% year-over-year revenue growth. The company saw a significant increase in Next-Gen Solutions pipeline, indicating a strong market reception to its innovations. Recent reports highlight a robust pipeline and increased client consumption levels, particularly in the Digital Workplace Solutions and Cloud, Applications & Infrastructure Solutions segments.
Unisys has also been proactive in reducing its pension liabilities and volatility, completing multiple retiree buyouts while securing benefits with highly-rated insurance companies. Significant partnerships, like those with F&G Annuities & Life, reflect Unisys' strategic management of pension obligations.
The company has also been recognized for its innovative rebranding efforts, winning the top prize at The Drum Awards Festival in the B2B: Rebrand or Relaunch category. The new brand positioning, 'Experience Breakthroughs,' underscores Unisys' commitment to enabling transformative breakthroughs for its clients.
Unisys is committed to continuous improvement and growth. The company has reiterated its full-year 2024 revenue growth and profitability guidance, emphasizing its strong performance pipeline and strategic market position. Its leadership team, led by CEO Peter A. Altabef, remains focused on leveraging new technologies and driving operational efficiencies to unlock value for clients and shareholders.
Unisys (NYSE: UIS) has been recognized as a leader in the 2024 ISG Provider Lens™ Future of Work Services Report, receiving 30 leader designations across six regions. The company excelled in all seven quadrants, including two new categories: Workplace Strategy and Enablement Services and Smart and Sustainable Workplace Services. The recognition spans across the U.S., U.S. Public Sector, Australia, Brazil, Germany, Switzerland, and the U.K. This marks the fifth consecutive year ISG has named Unisys a leader in its report. The company demonstrated strength in collaboration services, productivity solutions, end-user technology management, and sustainable workplace services.
Unisys (NYSE: UIS) announces its participation in the EDUCAUSE Annual Conference 2024 in San Antonio, TX, from Oct. 21 – 24. The event brings together higher education technology executives to network and explore innovative solutions. Rudy Gonzalez, managing director of Unisys' higher education practice, emphasizes the opportunity to engage with leaders and create breakthroughs in the sector, focusing on solutions like GenAI to improve educational outcomes.
Unisys' higher education practice team will showcase the latest advancements in educational technology. The company will present a session on 'The Cloud and Security Transformation Journey at the California State University (CSU) System' on Thursday, October 24, at 8:30 a.m. CDT in Room 206 of the San Antonio Convention Center. Attendees can engage with Unisys experts at booth #8082.
Unisys (NYSE: UIS) has announced the dates for its third-quarter 2024 financial results release and conference call. The company will release its financial results on Tuesday, October 29, 2024, after the close of trading on the New York Stock Exchange. A conference call with the financial community will be held on Wednesday, October 30, 2024, at 8 a.m. ET to discuss the results.
Unisys will offer a live, listen-only webcast of the conference call on their Investor Website. Domestic callers can dial 1-844-695-5518, while international callers can dial 1-412-902-6749, using the conference passcode: Unisys Call. A webcast replay will be available shortly after the call, and a replay can be accessed by phone until November 13, 2024.
Unisys has been recognized as a leader in Avasant's Digital Workplace Services 2024 RadarView™ for the third consecutive year. The company earned this distinction for its persona-based digital workplace services and focus on enhancing employee experience through AI innovation.
Key strengths highlighted in the report include:
- Practice maturity: AI-driven services to enhance and measure employee workplace experience
- Investments and innovation: Microsoft 365 Copilot advisory services and a state-of-the-art Gen AI factory
- Partner ecosystem: Strategic partnerships with ServiceNow, VMware, and Google
Unisys plans to expand its focus to human and physical workspaces, using data to improve business and HR performance. The company's commitment to enhancing employee experience through proprietary solutions and partner initiatives using technologies like Gen AI has secured its leadership position.
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
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