secwatch.observer — SEC 8-K summary
======================================

Issuer:     UNISYS CORP (UIS)
CIK:        0000746838
Form:       8-K
Filed at:   2022-11-21T23:59:59+00:00
Accession:  0001193125-22-290051
Event type: other_material
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 3.01, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Unisys posts Q3 net loss, discloses material weaknesses, receives NYSE notice
-----------------------------------------------------------------------------

- Q3 revenue $461.2M (down 5.5% YoY); net loss of $40.1M ($0.59 diluted EPS).
- Material weaknesses identified in disclosure controls and internal control over financial reporting; investigation found no restatement needed.
- NYSE warned non-compliance for late 10-Q filing; company has six months to file and regain listing.
- Management expects to file the delayed Q3 10-Q within several days.
- YTD nine-month revenue $1.423B; net loss $114.5M vs. $317.3M loss in prior year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/746838/000119312522290051/0001193125-22-290051-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/746838/000119312522290051/d117577d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-290051

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