Fri, Feb 21, 9:35 PM (67 days ago)
**Unisys Corporation (UIS) Summary for Fiscal Year Ended December 31, 2024** In 2024, Unisys reported a revenue of $2,008.4 million, down slightly from $2,015.4 million in 2023. The company experienced a net loss of $193.4 million, or $2.79 per share, an improvement from a net loss of $430.7 million, primarily due to reduced pension settlement losses. Operating income rose to $97.4 million from $76.9 million, driven by higher gross profit margins (29.2% vs. 27.4% in 2023) and lower selling expenses. Strategically, Unisys is focused on enhancing digital workplace solutions and cloud services, responding to shifts in client demand and technological advancements. Key risks include reliance on a shrinking installed base, cybersecurity threats, and economic volatility, particularly affecting international operations, which accounted for 57% of revenue. Recent organizational changes aim to streamline operations and improve service delivery efficiency. The company anticipates a challenging but stable outlook, with significant future pension contributions projected at approximately $92 million in 2025. Unisys holds a backlog of $2.8 billion, indicating potential revenue growth. Overall, Unisys is navigating a complex market landscape while addressing internal challenges and leveraging opportunities in digital transformation.