earnings
confidence high
sentiment neutral
materiality 0.75
Unisys beats consensus in Q2; revenue flat YoY, ACV up 25%
UNISYS CORP
2022-Q2 EPS reported
-$1.10
revenue$961,700,000
- Revenue $515M, flat YoY (-0.4%), up 2.8% constant currency; non-GAAP op margin 9.0% vs. 9.7% prior year.
- GAAP net loss $17.1M ($0.25 loss per diluted share) vs. loss $140.8M a year ago; non-GAAP EPS $0.24.
- ACV signings grew 25% YoY, TCV up 12%, pipeline grew 30% YoY to $6.0B.
- FY22 guidance: revenue growth (1.0)%–1.0% YoY (2.5%–4.5% constant currency); non-GAAP op margin 7.5%–9.0%.
- Cash used in ops $33.7M vs. $41.9M provided; free cash flow $(59.1)M vs. $19.0M.