Unisys Corp. (UIS) Tops Q4 EPS by 28c, Revenues Beat

Unisys Corp. (NYSE: UIS) reported Q4 EPS of $0.73, $0.28 better than the analyst estimate of $0.45. Revenue for the quarter came in at $576.9 million versus the consensus estimate of $556.17 million.

• 4Q20 revenue up 5.5% YoY and 16.5% sequentially to $576.9 million
• 4Q20 operating profit margin up 640 bps YoY and 270 bps sequentially to 8.3%
  • 4Q20 Non-GAAP operating profit(5) margin up 790 bps YoY and 550 bps sequentially

"We exited 2020 in a strong position, with significant improvements to capital structure and liquidity and full-year revenue and non-GAAP operating profit margin that exceeded our expectations," said Unisys Chairman and CEO Peter A. Altabef. "We transitioned to our new business unit structure at the start of 2021, with a focus on higher-growth and higher-margin markets and solutions, which we believe will better position the company to drive revenue and margin improvement over the coming years."

For earnings history and earnings-related data on Unisys Corp. (UIS) click here.

You May Also Be Interested In

• Tesla touts acceleration of new models, but Q1 results fall short of estimates
• West Fraser Timber Co. Ltd. (WFG) Tops Q1 EPS by 17c
• Visa (V) Tops Q2 EPS by 7c, offers guidance