Unisys beat revenue by 5.85% on strong new business momentum, but a $47.2 million goodwill impairment in its Digital Workplace Solutions unit sent earnings to a 90% miss versus consensus. The IT services company's new business total contract value surged 57% year over year to $192 million, a rare bright spot amid persistent headwinds in legacy ClearPath licensing.
Unisys :
UIS
UIS
Stock Data
$2.83
$0.02 (0.53%)
Asset Type
Common Stock
Exchange
NYSE
Currency
USD
Country
USA
Sector
TECHNOLOGY
Industry
INFORMATION TECHNOLOGY SERVICES
Unisys Corp is a global information technology company that specializes in providing innovative solutions across digital workplace, cloud, applications, infrastructure, and enterprise computing. With a history dating back to 1886, Unisys offers a range of services including cloud management, cyber security, data analytics, and AI. They also develop enterprise software products like Unisys InteliServe and CloudForte. Serving industries such as travel, finance, and healthcare, Unisys is known for its commitment to transforming IT operations to enhance business efficiency and security.
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