Unisys Corp. (UIS) Tops Q1 EPS by 6c, Revenues Beat

Unisys Corp. (NYSE: UIS) reported Q1 EPS of $0.46, $0.06 better than the analyst estimate of $0.40. Revenue for the quarter came in at $509.8 million versus the consensus estimate of $505.7 million.

"During the first quarter, we made progress on our key strategic and financial goals that we laid out at the beginning of the year," said Unisys Chair and CEO Peter A. Altabef. "Profitability and cash flow improved year over year, we expected relatively flat revenue year over year, we implemented our new organizational structure, further improved our balance sheet, made important leadership hires and took key steps toward enhancing and expanding our solution portfolio to address changing client needs."

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

You May Also Be Interested In

• Horizon Bancorp faces $3M jury verdict in auto repossession case
• Eversource completes $2.4B sale of Aquarion Water Company
• Invitation Homes prices $500 million senior notes offering at 4.950%