Unisys Corp. (UIS) Misses Q1 EPS by 2c, Reaffirms Guidance

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Go back to Unisys Corp. (UIS) Misses Q1 EPS by 2c, Reaffirms Guidance

Unisys Announces First-Quarter 2018 Financial Results; Operating Margin Expands Year-Over-Year; Company Reaffirms Full-Year Financial Guidance

May 1, 2018 4:31 PM EDT

BLUE BELL, Pa., May 1, 2018 /PRNewswire/ --

1Q 2018:

Total revenue increased 6.6 percent year-over-year; non-GAAP adjusted revenue(5) declined 1.4 percent year-over-year Operating profit margin increased 1110 basis points year-over-year to 14.4 percent; non-GAAP operating profit(6) margin increased 60 basis points year-over-year to 7.2 percent Technology revenue grew 76.6 percent year-over-year; non-GAAP adjusted Technology revenue(5) grew 9.7 percent year-over-year Total Contract Value(1) ("TCV") and new business TCV were up 174 percent and 145 percent year-over-year, respectively Services backlog(4) was up 26 percent year-over-year and 10 percent sequentially, to $4.7... More