Overview

* Unisys ( UIS ) Q2 revenue of $483.3 mln beats analyst expectations, per LSEG data

* Adjusted EPS for Q2 beats estimates, reflecting improved operational efficiency

* Co made a $250 mln discretionary contribution to U.S. pension plans

Outlook

* Unisys ( UIS ) raises full-year non-GAAP operating profit margin to 8.0%-9.0%

* Company expects constant currency revenue growth of -1.0% to 1.0%

* Unisys ( UIS ) anticipates L&S revenue of approximately $430 mln for 2025

Result Drivers

* SEQUENTIAL IMPROVEMENT - Unisys ( UIS ) reports 11.8% QoQ revenue growth, driven by strong performance in License and Support solutions

* COST REDUCTION - Operating profit margin improved by 140 bps YoY due to cost reduction actions and reduced professional services expenses

* PENSION STRATEGY - Co significantly reduced future cash contribution volatility in U.S. pension plans with a $250 mln discretionary contribution

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Beat $483.30 $444.60

Revenue mln mln (2

Analysts

)

Q2 Beat $13.8 -$0.28

Adjusted (2

EPS Analysts

)

Q2 Net -$20.10

Income mln

Q2 Beat $36.80 $7.20

Adjusted mln mln (1

Operatin Analyst)

g Income

Q2 7.6%

Adjusted

Operatin

g Margin

Q2 Gross $130 mln

Profit

Q2 $30.30

Operatin mln

g Income

Q2 6.3%

Operatin

g Margin

Analyst Coverage

* The one available analyst rating on the shares is "hold"

* The average consensus recommendation for the it services & consulting peer group is "buy."

* Wall Street's median 12-month price target for Unisys Corp ( UIS ) is $8.00, about 48.1% above its July 29 closing price of $4.15

* The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 8 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)