Unisys Corp. (UIS) Misses Q3 EPS by 7c
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Unisys Announces 3Q21 Results
November 2, 2021 4:30 PM EDTBLUE BELL, Pa., Nov. 2, 2021 /PRNewswire/ --Â
Continued growth in Cloud & Infrastructure Solutions ("C&I"), with segment revenue up 1.7% YoY Total company gross profit grew 5.8% YoY and gross margin increased 180 bps YoY Cash from operations was $65.5M vs. $66.3M in prior-year period; Free cash flow(7) increased 14.9% YoY to $39.4M; Adjusted free cash flow(8) increased 36.3% YoY to $69.9M Company reaffirms FY 2021 guidance of 0 to 2% YoY revenue growth, 9 to 10% non-GAAP operating profit margin, and 17.25 to 18.25% adjusted EBITDA margin Unisys CFO Mike Thomson to become president and... More