Unisys Announces Second-Quarter Results
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Unisys Corp. (UIS) Misses Q2 EPS by 8c, Revenues Miss
August 4, 2020 4:04 PM EDTUnisys Corp. (NYSE: UIS) reported Q2 EPS of ($0.15), $0.08 worse than the analyst estimate of ($0.07). Revenue for the quarter came in at $438.8 million versus the consensus estimate of $460.27 million.
Full-year revenue expectations unchanged relative to end of Q1 at (10)% YoYCurrent expectations for full-year non-GAAP operating profit margin between 5.2% and 6.7%Services gross profit margin of 15.5%, up 260 basis points sequentiallyStrong cash balance of $782 million, relative to $790 million at the end of... More