Unisys Q4 net income $30M, FY revenue $2.01B (-0.3% YoY); guides FY2025 revenue growth 0.5-2.5% in CC

UNISYS CORP

2024-FY EPS reported -$2.79 revenue$2,008,400,000

Full-year revenue $2,008.4M (-0.3% YoY); non-GAAP operating margin 8.8% (up 180 bps YoY), exceeding guidance.
Full-year operating cash flow $135.1M vs $74.2M; free cash flow $55.3M vs ($4.5M) YoY.
Q4 net income attributable $30.0M vs ($165.3M) YoY; includes $40M litigation settlement gain.
Ex-L&S New Business TCV up 29% YoY to $791M full year; total company TCV declined 11% to $1.95B.
FY2025 guidance: constant currency revenue growth 0.5%-2.5%, non-GAAP operating margin 6.5%-8.5%.

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