secwatch.observer — SEC 8-K summary
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Issuer:     UNISYS CORP (UIS)
CIK:        0000746838
Form:       8-K
Filed at:   2023-11-06T23:59:59+00:00
Accession:  0000746838-23-000048
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Unisys raises FY2023 guidance; Q3 revenue up 0.7% but GAAP net loss widens to $50M
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- Revenue $464.6M (+0.7% YoY); Ex-L&S revenue $397.5M (+6.2% YoY).
- GAAP net loss $50.0M ($0.73 loss per share); non-GAAP net loss $22.3M ($0.33 loss per share).
- Adjusted EBITDA $37.0M (8.0% margin), down from $52.5M (11.4%) a year ago.
- Raises 2023 guidance: constant currency rev growth 0-1.5% (prior -7 to -3%), non-GAAP op margin 5-6%, adj EBITDA margin 12.5-13.5%.
- DWS revenue +8.3% YoY, CA&I +9.2% YoY; ECS revenue -11.3% on lower software license renewals.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/746838/000074683823000048/0000746838-23-000048-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/746838/000074683823000048/uis-20231106.htm
  HTML page:      https://secwatch.observer/filing/0000746838-23-000048

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