Unisys (NYSE:UIS) Announces Quarterly Earnings Results, Beats Estimates By $0.17 EPS

Unisys (NYSE:UIS) released its quarterly earnings data on Monday. The information technology services provider reported $0.16 earnings per share for the quarter, beating the consensus estimate of ($0.01) by $0.17, Briefing.com reports. The firm had revenue of $478.20 million during the quarter, compared to the consensus estimate of $485.93 million. Unisys had a negative return on equity of 17.04% and a negative net margin of 20.37%. Unisys’s quarterly revenue was up .3% on a year-over-year basis. During the same period last year, the business posted ($0.09) EPS.

Unisys Stock Down 6.4 %

NYSE:UIS opened at $4.10 on Tuesday. The company has a market cap of $283.84 million, a PE ratio of -0.69 and a beta of 0.86. Unisys has a 52 week low of $2.60 and a 52 week high of $8.12. The business’s 50 day moving average is $4.40 and its two-hundred day moving average is $5.24.

Insider Activity at Unisys

In other Unisys news, Director Roxanne Taylor sold 78,868 shares of the firm’s stock in a transaction dated Friday, May 17th. The stock was sold at an average price of $5.08, for a total transaction of $400,649.44. Following the transaction, the director now directly owns 8,009 shares in the company, valued at $40,685.72. The transaction was disclosed in a filing with the SEC, which is available through this link. 2.70% of the stock is owned by insiders.

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.