Unisys Announces 1Q19 Results; Services Revenue Growth Continues with Highest Quarterly Growth Since 2003; Company Raises Full-Year Guidance for Non-GAAP Adjusted Revenue and Reaffirms Guidance for No

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UPDATE: Unisys Corp. (UIS) Misses Q1 EPS by 14c, Revenues Beat; Provides FY19 Growth Outlook

May 2, 2019 4:07 PM EDT

(Updated - May 2, 2019 4:08 PM EDT)

Unisys Corp. (NYSE: UIS) reported Q1 EPS of $0.15, $0.14 worse than the analyst estimate of $0.29. Revenue for the quarter came in at $693.8 million versus the consensus estimate of $650.93 million.

Services revenue grew 7.7% year over year (11.7% on a constant-currency(3) basis);... More