Unisys (UIS) has released an update.
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Unisys Corporation reported a decline in first-quarter 2024 revenue by 5.5% year-over-year, with a slight increase in operating cash flow compared to the previous year. The company’s new contract signings have more than doubled, signaling strong market interest in their transformed solution and service portfolio. Despite overall revenue and profit margin declines, largely due to software license renewal timings, Unisys maintains its full-year guidance, expecting a robust second-half performance.
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