Unisys Corp. (UIS) Tops Q1 EPS by 31c

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Unisys Announces First-Quarter 2015 Financial Results

April 23, 2015 4:30 PM EDT

BLUE BELL, Pa., April 23, 2015 /PRNewswire/ -- Unisys Corporation (NYSE: UIS) today reported a first-quarter 2015 net loss of $43.2 million, or 87 cents per diluted share, which included $27.4 million of pension expense. In the first quarter of 2014, the company reported a net loss of $53.5 million, or $1.15 per diluted share, which included $19.3 million of pension expense. Excluding pension expense in both periods, the non-GAAP diluted loss per share in the first quarter of 2015 was 32 cents compared to 74 cents in the first quarter of 2014.

First-quarter 2015 revenue declined 5 percent to $721 million from $762 million in the year-ago quarter.... More