Unisys Corp. (UIS) Tops Q3 EPS by 19c; raises outlook

Unisys Corp. (NYSE: UIS) reported Q3 EPS of ($0.33), $0.19 better than the analyst estimate of ($0.52). Revenue for the quarter came in at $464.6 million versus the consensus estimate of $439.67 million.

GUIDANCE:

The company raises full-year 2023 revenue growth and profitability guidance:

• Sees Revenue in constant currency of 0% to 1.5%, versus prior of (7.0)% to (3.0)%
• Sees Non-GAAP operating profit margin of 5.0% to 6.0%, versus prior of 2.0% to 4.0%
• Sees Adjusted EBITDA margin of 12.5% to 13.5%, versus prior of 9.5% to 11.5%

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

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