Unisys Q1 revenue falls 11.4% to $432M; net loss $29.5M, free cash flow improves to $13.2M

UNISYS CORP

2025-Q1 EPS reported -$0.42 revenue$432,100,000

Revenue $432.1M, down 11.4% YoY; Ex-L&S revenue $361M (-8.5%).
Net loss $29.5M; operating profit $5.1M (1.2% margin); non-GAAP op profit $11.9M.
Cash from ops $33.3M vs $23.8M; free cash flow $13.2M vs $3.9M.
Ex-L&S New Business TCV $337M, +83% YoY driven by new logos; backlog $2.89B.
Reiterates FY25 guidance: constant currency revenue growth 0.5%-2.5%, non-GAAP op margin 6.5%-8.5%.

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