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 (NYSE: UIS) is a global technology solutions company whose news flow reflects its focus on cloud, AI, digital workplace, applications, logistics in some descriptions, and enterprise computing. Company announcements frequently highlight how Unisys works with leading organizations and public sector entities, as well as its role in emerging areas such as generative AI, cybersecurity, and hybrid cloud strategies.
On this page, readers can follow UIS news related to technology insights, industry recognition, investor events, and innovation initiatives. Recent releases include Unisys’ "Top IT Insights" report on AI application trends, cybersecurity, data sovereignty, and workload placement, along with recognition from Information Services Group (ISG) as a Leader in Generative AI Services and Future of Work Services. These items illustrate how the company positions its AI and digital workplace capabilities.
Investors and observers will also find news about Unisys’ participation in investor conferences, where management presents and hosts one-on-one and small group meetings. Additional coverage includes awards such as the Enterprise & AI Innovation Award from Plug and Play and updates on the Unisys Innovation Program, a long-running competition for engineering students in India focused on technologies like AI, quantum computing, and IoT.
Together, these updates provide a view into how Unisys communicates its strategy in cloud, AI, digital workplace, applications, and enterprise computing, as well as its engagement with clients, partners, students, and the investment community. Users interested in UIS can use this news feed to review company perspectives on technology trends and its role in enterprise and public sector transformation.
Unisys Corporation (UIS) reported its first-quarter 2021 results, with a 470 bps increase in operating profit margin to 8.6%. Non-GAAP operating profit improved 440 bps to 10.1%. Revenue fell 1.1% year-over-year (YoY) to $509.8M, driven by declines in Field Services. However, Cloud & Infrastructure revenue surged 18.6% YoY. Cash from operations improved by $335M. The company recorded a $157.8M net loss, mainly due to a $158M pension settlement charge. Adjusted EBITDA rose by 29.9% YoY to $93.9M.
Unisys Corporation (NYSE: UIS) has achieved the Windows Server and SQL Server Migration to Microsoft Azure advanced specialization, showcasing its proficiency in migrating workloads to Azure. This certification is awarded only to partners who meet strict criteria and undergo third-party audits. The company is positioned to assist organizations in modernizing applications following the end-of-support for older Windows and SQL Server versions. Additionally, Unisys' Cloud Management Platform has been recognized by ISG and NelsonHall as a leader in cloud services.
Unisys Corporation (NYSE: UIS) has integrated PerVoice's voice recognition technology into its InteliServe platform, enhancing user interaction with service desks. This technology provides omni-channel support in multiple languages, allowing for improved natural speech recognition. With the pandemic increasing IT service desk contacts, this advancement aims to improve user experience and productivity by automating common requests. Additionally, Unisys continues to be recognized as a leader in managed workplace services, as noted by Gartner's February 2021 Magic Quadrant.
Unisys Corporation (NYSE: UIS) has been appointed to provide Hyperscale Cloud Management Services to South Australian government agencies via the Managed Platform Services Panel. This initiative aligns with the South Australian government's strategy to enhance public services using technology. Unisys will offer services on major cloud platforms, including Microsoft Azure, AWS, and Google Cloud, through its CloudForte suite. This opportunity builds on Unisys' extensive experience in cloud solutions, aiming to streamline digital transformation across government agencies.
Unisys Corporation (NYSE: UIS) has appointed Maureen Sweeny as the senior vice president and chief revenue officer, a newly established role. Sweeny will focus on enhancing sales strategies for the Digital Workplace Services and Cloud & Infrastructure units, aiming to strengthen client relationships and boost market presence. Previously, she contributed to significant revenue growth at Delaware North and Aristocrat Technologies, achieving 30% and 48% increases, respectively. Sweeny emphasizes a client-centric approach to drive growth for Unisys.
Unisys Corporation announced the winners of its 12th annual Cloud 20/20 contest, one of India's prominent student innovation programs. The contest received over 685 submissions from more than 400 colleges across India. The top project, 'Edge-driven Biometrics and Facial Recognition,' was led by students from M.S. Ramaiah Institute of Technology. Winning teams were awarded cash prizes totaling INR 4.25 lakhs. The contest aims to foster innovation and collaboration between industry and academia, preparing students for real-world challenges.
Unisys Corporation (NYSE: UIS) announced the appointment of Gene Chao as senior vice president and general manager of ClearPath Forward, effective April 12, 2021. Chao, previously with IBM, will align resources for ClearPath Forward to promote profitable growth and competitive outcomes. His experience in artificial intelligence and business transformation is expected to enhance the services focus of the ClearPath Forward business. The appointment aims to leverage next-generation technologies for improved client success and operational efficiency.
Unisys Corporation (NYSE: UIS) appointed Dwayne L. Allen as Chief Technology Officer (CTO) and Senior Vice President for Solution Innovation and Architecture, effective April 12, 2021. Allen's expertise in cloud technology and digital transformation aims to enhance solutions for Unisys clients. Previously a global digital strategist at Microsoft, he has extensive experience across multiple industries. His leadership is expected to accelerate innovative solution delivery, driving better business outcomes for Unisys' customers.
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.
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