Unisys Stock Price, News & Analysis

Unisys Corporation (NYSE: UIS) will release its first-quarter 2021 financial results on May 6, 2021, after the trading session ends on the New York Stock Exchange. A conference call is scheduled for 5:00 – 6:00 p.m. Eastern Time to discuss the results with the financial community. Investors can access a live Webcast of the call on the Unisys Investor Website, with a replay available shortly after. This earnings report will provide crucial insights for investors regarding the company’s financial performance and future outlook.

Unisys Corporation (NYSE: UIS) announced the launch of U-Pass™, a COVID-19 testing and health management solution, in partnership with Inspire Health Alliance. U-Pass is designed to control access to various environments and features comprehensive testing options, including rapid antibody, antigen, and PCR tests. It includes secure point-of-entry kiosks for identity verification and integrates with building management systems. The solution aims to facilitate the safe reopening of facilities, schools, and transportation hubs while ensuring compliance with health regulations.

Unisys Corporation (NYSE: UIS) has been recognized as a leader in cyber resiliency services by NelsonHall in their NEAT vendor evaluation report. This recognition highlights Unisys' capability to deliver immediate client benefits and strategize for future needs. The report assessed 11 major providers, focusing on client partnerships and innovation-driven solutions. Notably, Unisys Stealth micro-segmentation was praised for its unique approach to protecting important data by obscuring network topology. Mike Morrison emphasized that effective cyber resiliency is crucial for modern digital businesses.

On February 24, 2021, Unisys Corporation (NYSE: UIS) announced several significant contracts awarded in Q4 2020. These include a contract with a global healthcare provider for digital workplace solutions impacting 39,000 employees, a scope contract from a U.S. state government to support a remote-first strategy using CloudForte®, and a renewal with the New Zealand Transport Agency for its Registry Suite utilizing Unisys AB Suite®. President Eric Hutto emphasized the alignment of their solutions with client objectives, highlighting the company's growing recognition in the industry.

Unisys Corporation (UIS) reported strong financial performance for FY20, exceeding company expectations. In 4Q20, revenue increased by 5.5% YoY to $576.9 million, with a significant operating profit margin improvement of 640 bps YoY to 8.3%. Despite a decline of 8.8% in FY20 revenue, non-GAAP operating profit margin rose to 7.5%. The cash balance at the end of FY20 was $898.5 million, up from $538.8 million in FY19. The company also successfully reduced its pension obligations by approximately $710 million. Unisys is focused on higher-growth markets following restructuring.

Unisys Corporation (NYSE: UIS) has announced its partnership with Lenovo to enhance Lenovo's Internet of Things (IoT) solutions, specifically the ThinkIoT Back to Work and Smarter Store Solutions. This collaboration will enable Unisys to offer essential Digital Workplace Services, including deployment and lifecycle management, to Lenovo's customers globally, supporting businesses in over 100 countries. The partnership aims to facilitate a safer return to work environments amid the pandemic, leveraging IoT technology for improved operational productivity.

Unisys Corporation (NYSE: UIS) has been recognized for the third consecutive year as a Microsoft Azure Expert Managed Service Provider (MSP). This status underscores Unisys's capability to facilitate secure and compliant cloud environments using their Cloud Management Platform (CMP) and CloudForte® technologies. Over 500 certified professionals assist clients in migrating critical workloads to Azure, ensuring compliance, governance, and enhanced security. In Q4 2020, Unisys was acknowledged as a leader in cloud offerings by both Information Services Group and Nelson Hall.

Unisys Corporation (NYSE: UIS) has announced a significant contract with TravelSky, enhancing their ClearPath Forward technology to improve operational capacity for China's aviation sector. The upgrade includes advanced ClearPath OS 2200 software and application development services, aimed at facilitating critical transactions like reservations and cargo bookings. This collaboration comes as the Civil Aviation Administration of China reports a 91.07% recovery in air travel compared to 2019, indicating a strong recovery post-COVID-19.