secwatch.observer — SEC 8-K summary
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Issuer:     UNISYS CORP (UIS)
CIK:        0000746838
Form:       8-K
Filed at:   2024-02-21T23:59:59+00:00
Accession:  0000746838-24-000002
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Unisys Q4 rev $557.6M flat; FY +1.8%; guides FY24 CC rev -1.5% to +1.5%, op margin 5.5%-7.5%
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- Q4 GAAP net loss $165.3M ($3.26 diluted EPS) includes $167.2M pension settlement loss; non-GAAP net income $35.4M.
- Full-year non-GAAP operating profit margin 7.0% (vs 8.0% in 2022); FY2024 guided 5.5%-7.5%.
- Ex-L&S TCV surged 137% YoY in Q4, 27% FY; new business TCV up 84% Q4, 18% FY.
- FY operating cash flow $74.2M vs $12.7M; free cash flow ($4.5M) improved from ($73.2M) in 2022.
- FY2024 guidance: constant currency revenue growth -1.5% to +1.5%; non-GAAP op margin 5.5%-7.5%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/746838/000074683824000002/0000746838-24-000002-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/746838/000074683824000002/uis-20240221.htm
  HTML page:      https://secwatch.observer/filing/0000746838-24-000002

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