Unisys Corp. (UIS) Misses Q3 EPS by 2c, Revenues Beat; Affirms FY18 Revenue Outlook

Unisys Corp. (NYSE: UIS) reported Q3 EPS of $0.39, $0.02 worse than the analyst estimate of $0.41. Revenue for the quarter came in at $688.3 million versus the consensus estimate of $669.6 million.

"Our go-to-market momentum continues, with our fourth consecutive quarter of revenue growth, which was supported by improvements to profitability year over year," said Unisys Chairman, President and CEO Peter A. Altabef. "Additionally, we made further progress with our focus on digital transformation for state governments, as we signed a contract with the Virginia Information Technology Agency following contracts we have signed over the last twelve months with the states of Hawaii, Georgia and Kansas."

GUIDANCE:

Unisys Corp. sees FY2018 revenue of $2.7-2.825 billion, versus the consensus of $2.78 billion.

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

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