secwatch.observer — SEC 8-K summary
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Issuer:     UNISYS CORP (UIS)
CIK:        0000746838
Form:       8-K
Filed at:   2024-08-05T23:59:59+00:00
Accession:  0000746838-24-000021
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Unisys Q2: revenue flat $478M, net loss narrows to $12M; new business signings double YoY
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- Revenue $478.2M, +0.3% YoY (+0.5% constant currency); Ex-L&S revenue flat at $396.1M.
- Gross profit margin 27.2%, up 290 bps YoY; Ex-L&S margin 18.7%, up 270 bps.
- Net loss attributable to Unisys $12.0M vs loss of $40.0M in Q2 2023.
- New Business TCV increased 64% YoY, driven by more than doubling of new logo signings.
- Full-year guidance reaffirmed: 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/746838/000074683824000021/0000746838-24-000021-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/746838/000074683824000021/uis-20240805.htm
  HTML page:      https://secwatch.observer/filing/0000746838-24-000021

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer