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Unisys Reports 2024 Financial Results and Future Outlook

Unisys Reports 2024 Financial Results and Future Outlook

Unisys ( (UIS) ) has released its Q4 earnings. Here is a breakdown of the information Unisys presented to its investors.

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Unisys Corporation, a global technology solutions company, specializes in cloud, AI, digital workplace, logistics, and enterprise computing solutions, aiding organizations in maximizing their potential. The company’s earnings report for 2024 highlights its success in exceeding profitability guidance while meeting revenue expectations, with significant improvements in operating and free cash flow compared to the previous year. Key financial metrics from the report reveal a full-year gross profit margin increase to 29.2% and an operating profit margin enhancement to 4.8%, along with a notable rise in free cash flow to $55.3 million from a negative position last year. Unisys also reported a 29% increase in new business total contract value, driven by new logo signings. Looking ahead, Unisys anticipates a modest revenue growth of 0.5% to 2.5% in constant currency for 2025, with a non-GAAP operating profit margin ranging from 6.5% to 8.5%, expecting further enhancements in operational efficiency and profitability.

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