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 Corporation (NYSE: UIS) has appointed Debra "Deb" McCann as the new executive vice president and chief financial officer, effective May 2, 2022. McCann brings extensive experience from Dun & Bradstreet and has held senior roles at Cegedim and AT&T. Alongside her appointment, Mike Thomson has been promoted to president and chief operating officer. Thomson has previously served as CFO since September 2019, driving significant financial transformations. The leadership changes aim to enhance Unisys's financial strategy and operational performance.
Unisys Corporation (NYSE: UIS) announced it will release its first-quarter 2022 financial results on April 27, 2022, after trading closes on the NYSE. A conference call for investors and analysts will occur on April 28, 2022, at 8:00 a.m. Eastern Time to discuss these results. A live webcast will be available on the Unisys Investor Website, with a replay accessible shortly after. Unisys provides IT solutions across various sectors including commercial and government.
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Unisys Corporation (NYSE: UIS) has been recognized as a Leader in managed public cloud services across the U.S., U.K., and Brazil by the Information Services Group (ISG). The ISG Provider Lens™ report highlights Unisys's capabilities in consulting and transformation services, especially for midmarket and large accounts. The company’s CloudForte® platform is noted for its modular capabilities, enabling seamless client workload transitions to public cloud environments. This endorsement underscores Unisys's position in enabling clients to achieve business outcomes in highly-regulated sectors.
Unisys Corporation (UIS) reported a 1.4% increase in FY21 revenue to $2.054B, with operating profit soaring by 77.0% to $154.0M. The non-GAAP operating profit margin improved to 9.4%, while adjusted EBITDA rose 15.3% to $369.9M. Cash from operations surged to $132.5M, resulting in a free cash flow increase to $32.3M. For FY22, the company forecasts a 5-7% revenue growth. Despite these advancements, the quarterly results showed a 6.5% decline in Q4 revenue to $539.3M, impacted by licensing renewals.
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Unisys Corporation (NYSE: UIS) is set to release its fourth-quarter and full-year 2021 financial results on February 21, 2021, after the market close. A conference call will follow on February 22, from 8:00-9:00 a.m. ET, to discuss the results with the financial community. Investors can access the live call via a Webcast on the Unisys Investor Website, where a replay will also be available shortly after the call.
Unisys Corporation (NYSE: UIS) has acquired CompuGain for $87.3 million in a cash-free, debt-free transaction aimed at enhancing its cloud services. CompuGain reported $58 million in revenue for the year ending September 30, 2021, a 12% increase year-over-year, with over 90% of its revenue from established client relationships. The acquisition is expected to be immediately accretive to adjusted EBITDA and free cash flow. Unisys anticipates greater revenue and profit growth through improved cloud capabilities and cross-selling opportunities.
Unisys Corporation (NYSE: UIS) announced a 10-year contract extension with New Zealand's Waka Kotahi NZ Transport Agency, enhancing IT infrastructure supporting 25 million driver's licenses and 60 million motor vehicle transactions annually. This contract, awarded in Q3 2021, will transition infrastructure to All of Government co-located facilities. Unisys aims to improve application services for the Registry Suite, including ongoing support and disaster recovery services. The partnership underscores Unisys' commitment to reliable government services and builds on nearly 30 years of collaboration.