Unisys Lowers Guidance As Corporate Transition Continues

Nov. 21, 2022 4:25 PM ETUnisys Corporation (UIS)1 Comment

Summary

  • Unisys Corporation reported Q3 financial results on November 8, 2022.
  • The company provides digital workplace and various cloud computing solutions to organizations worldwide.
  • Unisys reduced guidance as the firm seeks to transition to cloud and hybrid solutions.
  • I'm on Hold for Unisys Corporation until management can reignite growth and profitability.
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A Quick Take On Unisys

Unisys Corporation (NYSE:UIS) reported its Q3 2022 financial results on November 8, 2022, missing expected revenue and EPS estimates.

The company provides a variety of enterprise software, computing and cloud infrastructure services to enterprises

U.S. Digital Workplace Solutions Market

U.S. Digital Workplace Solutions Market (Grand View Research)

9 Quarter Total Revenue

9 Quarter Total Revenue (Seeking Alpha)

9 Quarter Gross Profit Margin

9 Quarter Gross Profit Margin (Seeking Alpha)

9 Quarter Selling, G&A % Of Revenue

9 Quarter Selling, G&A % Of Revenue (Seeking Alpha)

9 Quarter Operating Income

9 Quarter Operating Income (Seeking Alpha)

9 Quarter Earnings Per Share

9 Quarter Earnings Per Share (Seeking Alpha)

52 Week Stock Price

52 Week Stock Price (Seeking Alpha)

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