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) delivers innovative technology solutions for enterprise security, cloud transformation, and digital workplace modernization across government, financial services, and commercial sectors. This news hub provides investors and industry professionals with authoritative updates on the company's strategic developments.
Access real-time announcements including quarterly earnings, product launches, leadership changes, and industry partnerships. Our curated feed consolidates official press releases, regulatory filings, and market analyses related to Unisys' three core segments: Digital Workplace Solutions, Cloud & Infrastructure Services, and Enterprise Computing Platforms.
Stay informed about critical developments in AI-driven security solutions, federal IT contracts, and global digital transformation initiatives. This resource enables stakeholders to track operational milestones, technological innovations, and financial performance indicators essential for comprehensive market analysis.
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Unisys (NYSE: UIS) reported strong Q3 2024 results with revenue growth of 7.0% year-over-year to $497.0 million. The company achieved significant improvements in profitability metrics, with gross profit margin increasing 870 basis points to 29.2%. Operating profit margin rose to 1.5%, up 520 basis points YoY. New Business Total Contract Value increased 50% driven by new logo signings more than doubling. Cash flow from operations improved to $32.0 million compared to -$4.1 million in Q3 2023. Based on these results, Unisys raised its 2024 non-GAAP operating profit margin guidance to 6.5-8.5% from previous 5.5-7.5%.
Unisys (NYSE: UIS) has launched registration for its 16th annual Unisys Innovation Program, a ten-month technical competition for engineering students in India. The program focuses on eight key themes including AI, quantum computing, IoT, and cybersecurity. Students will work with Unisys mentors and experts to develop innovative solutions across various industries. The program's themes include Connected World, Immersive Experiences, Innovation Beyond Boundaries, Practical AI, Quantum Moves Mainstream, Supercharged Developer, Sustainability Equilibrium, and Zero Trust Security. Registration remains open until January 31, 2025.
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.
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