24/7 Market News Snapshot 18 February, 2025 – Unisys Corporation (NYSE:UIS)

February 18, 2025

DENVER, Colo., 18 February, 2025 (247marketnews.com) – (NYSE:UIS) are discussed in this article.
Unisys Corporation is currently witnessing a surge in market interest, with its stock trading at $7.10, reflecting a notable increase of approximately 5.65% as it opened at $6.71. This positive movement is demonstrated by a trading volume of 590.04K shares, suggesting strong investor sentiment, likely influenced by recent developments within the company. The upward trajectory beyond established resistance levels points to the potential for further gains, prompting traders to closely monitor support levels to manage risk effectively.

In tandem with its market performance, Unisys has announced its financial results for the year ending December 31, 2024, which highlight significant advancements and profitability. The company surpassed its profit expectations while aligning closely with its revenue targets, further affirming its focus on sustainable growth and operational efficiency. Unisys reported a gross profit margin of 29.2%, marking an impressive 180 basis point improvement year-over-year, in addition to a rise in operating profit margin to 4.8%, which represents a 100 basis point increase.

The year saw Unisys generating full-year revenues of $2,008.4 million and enhancing operational cash flow to $135.1 million, up from $74.2 million in 2023. Driving this growth, the company experienced a remarkable 29% year-over-year increase in New Business Total Contract Value (TCV), reaching $791 million, underscoring its expanding client recognition.

Peter A. Altabef, Chair and CEO of Unisys, remarked on the firm’s strong foundation for future expansion, bolstered by positive client interactions and operational trends. CFO Deb McCann added that the improved cash flow and liquidity allow for ongoing investments. Looking forward, Unisys projects revenue growth of 0.5% to 2.5% year-over-year for 2025, alongside targeting a non-GAAP operating profit margin of 6.5% to 8.5%. The proactive strategies and innovative solutions implemented by Unisys are set to play a crucial role in promoting its success and market growth.

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