secwatch.observer — SEC 8-K summary
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Issuer:     UNISYS CORP (UIS)
CIK:        0000746838
Form:       8-K
Filed at:   2025-11-05T23:59:59+00:00
Accession:  0000746838-25-000028
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Unisys Q3 revenue down 7.4% YoY; cuts FY revenue guidance amid pension liability transfer
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- Revenue $460.2M, down 7.4% YoY; constant currency decline 9.0%.
- GAAP net loss $308.9M includes $227.7M non-cash pension settlement loss from annuity transfer.
- Full-year constant currency revenue guidance cut to (4.0)%-(3.0)% from prior (1.0)% to 1.0%.
- Non-GAAP operating profit margin guidance reaffirmed at 8.0% to 9.0%.
- Purchased annuity contract to transfer $320M of U.S. defined benefit pension liabilities; first step toward ~$600M reduction by 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/746838/000074683825000028/0000746838-25-000028-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/746838/000074683825000028/uis-20251105.htm
  HTML page:      https://secwatch.observer/filing/0000746838-25-000028

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