Unisys (NYSE:UIS) Releases Earnings Results, Beats Estimates By $0.27 EPS

Unisys (NYSE:UIS) announced its quarterly earnings results on Tuesday. The information technology services provider reported $0.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.23) by $0.27, RTT News reports. The firm had revenue of $487.80 million during the quarter, compared to analyst estimates of $482.90 million. Unisys had a negative return on equity of 577.16% and a negative net margin of 21.37%. Unisys’s quarterly revenue was down 5.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.49 earnings per share.

Unisys Stock Down 0.2 %

Shares of UIS traded down $0.01 during midday trading on Tuesday, reaching $5.37. 562,698 shares of the stock were exchanged, compared to its average volume of 706,344. The company has a market capitalization of $370.58 million, a P/E ratio of -0.85 and a beta of 0.94. The company has a current ratio of 1.49, a quick ratio of 1.47 and a debt-to-equity ratio of 78.55. Unisys has a 52 week low of $2.60 and a 52 week high of $8.12. The company’s 50 day moving average is $5.29 and its two-hundred day moving average is $5.42.

Unisys Company Profile

Unisys Corporation, together with its subsidiaries, operates as an information technology solutions company in the United States and internationally. It operates in three segments: Digital Workplace Solutions (DWS); Cloud, Applications & Infrastructure Solutions (CA&I); and Enterprise Computing Solutions.