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

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Unisys Announces 3Q18 Results; Revenue Grows for Fourth Consecutive Quarter, Operating Margin Expands; Company Reaffirms Full-Year Guidance

November 8, 2018 4:01 PM EST

BLUE BELL, Pa., Nov. 8, 2018 /PRNewswire/ --

3Q 2018:

Revenue grew 3.3 percent year over year (5.8 percent in constant-currency(3)) Backlog(4) was up 33 percent year over year to $4.9 billion, the highest year-over-year growth since 4Q1999 Operating profit margin expanded 850 basis points year over year to 8.1 percent and non-GAAP operating profit(6) margin expanded 20 basis points year over year to 7.7 percent Net income was $6 million; Adjusted EBITDA(9) margin expanded to 14.0 percent, up 50 basis points year over year Diluted earnings per share was $0.12 versus a diluted loss per share of $0.81... More