Unisys is a global IT services company that delivers successful outcomes for the most demanding businesses and governments. Unisys offerings include digital workplace services, cloud and infrastructure services and software operating environments for high-intensity enterprise computing. Unisys integrates security into all of its solutions.

Company profile
Ticker
UIS
Exchange
Website
CEO
Peter Altabef
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Intelligent Processing Solutions Limited ...
IRS number
380387840
UIS stock data
Press releases
Unisys Announces Goal of Net Zero Greenhouse Gas Emissions by 2030
30 Jun 22
Unisys Announces Goal of Net Zero Greenhouse Gas Emissions by 2030
29 Jun 22
Unisys Announces Winners of the 13th Annual Unisys Innovation Program (UIP) Contest
6 Jun 22
Unisys Digital Workplace Solutions Awarded HDI's IT Support Center Certification
2 Jun 22
DiversityInc Names Unisys a "Noteworthy Company" for Diversity, Equity and Inclusion
24 May 22
Calendar
27 Apr 22
2 Jul 22
31 Dec 22
Financial summary
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Diluted EPS |
Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 500.9M | 500.9M | 500.9M | 500.9M | 500.9M | 500.9M |
Cash burn (monthly) | 19.9M | 18.8M | 17.63M | 8.05M | 11M | (no burn) |
Cash used (since last report) | 60.95M | 57.58M | 54.01M | 24.66M | 33.69M | n/a |
Cash remaining | 439.95M | 443.32M | 446.89M | 476.24M | 467.21M | n/a |
Runway (months of cash) | 22.1 | 23.6 | 25.3 | 59.2 | 42.5 | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Jun 22 | Debra McCann | RSU Common Stock | Grant | Acquire A | No | No | 0 | 42,882 | 0 | 42,882 |
1 Jun 22 | Debra McCann | RSU Common Stock | Grant | Acquire A | No | No | 0 | 21,441 | 0 | 21,441 |
1 Jun 22 | Debra McCann | RSU Common Stock | Grant | Acquire A | No | No | 0 | 28,585 | 0 | 28,585 |
1 Jun 22 | Claudius Sokenu | RSU Common Stock | Grant | Acquire A | No | No | 0 | 19,154 | 0 | 19,154 |
1 Jun 22 | Claudius Sokenu | RSU Common Stock | Grant | Acquire A | No | No | 0 | 9,577 | 0 | 9,577 |
1 Jun 22 | Claudius Sokenu | RSU Common Stock | Grant | Acquire A | No | No | 0 | 15,721 | 0 | 15,721 |
3 May 22 | Dwayne Allen | Common Stock | Payment of exercise | Dispose F | No | No | 13.54 | 292 | 3.95K | 1,922 |
3 May 22 | Dwayne Allen | Common Stock | Option exercise | Acquire M | No | No | 0 | 1,203 | 0 | 2,214 |
3 May 22 | Dwayne Allen | Common Stock | Payment of exercise | Dispose F | No | No | 13.54 | 325 | 4.4K | 1,011 |
3 May 22 | Dwayne Allen | Common Stock | Option exercise | Acquire M | No | No | 0 | 1,336 | 0 | 1,336 |
Financial report summary
?Competition
Telos • Leidos • Nic • Digimarc • Leidos • Science Applications International • nDivisionRisks
- If the company is unable to attract and retain experienced personnel in key positions, its future results could be adversely impacted.
- Future results may be adversely impacted if the company is unable to grow revenue and expand margin in its Digital Workplace Solutions and Cloud and Infrastructure Solutions businesses.
- Future results may be adversely impacted if the company is unable to maintain its installed base and sell new solutions and related services.
- The company could face business and financial risk in implementing acquisitions or dispositions.
- The company faces aggressive competition in the information services and technology market, which could lead to reduced demand for the company’s solutions and related services and could have an adverse effect on the company’s business.
- The company’s future results may be adversely impacted if it is unable to effectively anticipate and respond to rapid technological innovation in its industry.
- The company’s future results will depend on its ability to retain significant clients and attract new clients.
- The company’s contracts may not be as profitable as expected or provide the expected level of revenues.
- The inability of the company to develop or acquire the capabilities to enhance the company’s solutions could adversely impact the company’s revenue and margins and result in the failure to expand the company’s market share.
- The company has significant underfunded pension obligations.
- The company’s business, results of operations and financial condition have been and will continue to be impacted by the COVID-19 pandemic and such impact could be materially adverse.
- Future results will depend in part on the performance and capabilities of third parties with whom the company has commercial relationships.
- Cybersecurity breaches could result in the company incurring significant costs and could harm the company’s business and reputation.
- A failure to meet standards or expectations with respect to the company’s environmental, social and governance practices could adversely impact the company’s business and reputation.
- A significant portion of the company’s revenue is derived from operations outside of the United States, and the company is subject to the risks of doing business internationally.
- If the company is unable to access the financing markets, it may adversely impact the company’s business and liquidity.
- A reduction in the company’s credit rating could adversely affect its business and/or the holders of its securities.
- The company’s business may be adversely affected by global economic conditions, acts of war, terrorism, natural disasters or the widespread outbreak of infectious diseases.
- A significant disruption in the company’s IT systems could adversely affect the company’s business and reputation.
- The company may face damage to its reputation or legal liability if its clients are not satisfied with its services or products.
- The company’s services or products may infringe upon the intellectual property rights of others.
- Legal proceedings could affect the company’s results of operations or cash flow or may adversely affect the company’s business or reputation.
- The company’s ability to use its net operating loss (NOL) carryforwards and certain other tax attributes may be limited.
Management Discussion
- Revenue for the three months ended March 31, 2022 was $446.7 million compared with $509.8 million for the three months of 2021, a decrease of 12.4% from the prior year period. The decrease was primarily due to lower license renewals in the Enterprise Computing Solutions segment and the run-off effect of certain non-strategic contracts in the Digital Workplace Solutions segment that the company exited in 2021. Foreign currency fluctuations had a 2 percentage-point negative impact on revenue in the current period compared with the year-ago period.
- U.S. revenue decreased 15.1% in the current period compared with the year-ago period. International revenue decreased 10.0% in the current period compared with the prior-year period due to decreases in all geographic regions. Foreign currency had a 4 percentage-point negative impact on international revenue in the three months ended March 31, 2022 compared with the three months ended March 31, 2021.
- During the three months ended March 31, 2022, the company recognized cost-reduction charges and other costs of $3.0 million. The credit related to work-force reductions was $0.6 million for changes in estimates. In addition, the company recorded net charges of $3.6 million comprised of a charge of $1.1 million for net foreign currency losses related to exiting foreign countries, a charge of $3.8 million for asset impairments and a credit of $1.3 million for changes in estimates related to other cost-reduction efforts.
Content analysis
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H.S. sophomore Avg
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New words:
agile, ASC, ASU, CompuGain, conflict, delivery, difficult, evidence, February, guidance, highly, impose, imposed, intelligent, launched, license, LLC, longer, longest, migration, military, mix, model, modern, modernization, monitor, objective, predict, refundable, response, Russia, Russian, situation, strategic, sustained, talent, top, transform, Ukraine, world
Removed:
accelerate, amendment, American, annuity, April, avoid, Brexit, calculate, circle, ClearPath, collective, concentration, consisting, Contemporaneously, continued, Convertible, deemed, discontinued, driven, duration, Dutch, economy, efficiency, effort, extended, extinguishment, factor, forecast, foundation, fourth, group, hybrid, Implementation, implemented, innovative, Kingdom, law, magnitude, marketplace, modified, momentum, motivate, organizational, pandemic, performing, positive, primary, processing, productivity, projected, realignment, realize, reallocated, reliable, relief, removing, renew, Rescue, restatement, Science, sector, server, sheet, spread, stabilization, Strategy, structure, system, unamortized, uncertainty, unknown, voluntary, write
Financial reports
Current reports
8-K
Submission of Matters to a Vote of Security Holders
9 May 22
8-K
Unisys Announces 1Q22 Results
27 Apr 22
8-K
Unisys Appoints Debra McCann as Chief Financial Officer, Mike Thomson as President and Chief Operating Officer
14 Apr 22
8-K
Departure of Directors or Certain Officers
24 Mar 22
8-K
Unisys Announces 4Q and FY21 Results
22 Feb 22
8-K
Unisys Acquires CompuGain™, Expands Cloud and Infrastructure Capabilities
14 Dec 21
8-K
Departure of Directors or Certain Officers
7 Dec 21
8-K
Unisys Announces 3Q21 Results
2 Nov 21
8-K
Unisys Names Roxanne Taylor to Board of Directors
19 Oct 21
8-K
Unisys Announces 2Q21 Results
2 Aug 21
Registration and prospectus
S-3ASR
Automatic shelf registration
26 Feb 21
25-NSE
Exchange delisting
5 Aug 20
8-A12B/A
Registration of securities on exchange (amended)
4 Aug 20
8-A12B
Registration of securities on exchange
6 Feb 20
S-8
Registration of securities for employees
21 May 19
424B3
Prospectus supplement
14 Jun 18
S-3
Shelf registration
11 Jun 18
15-15D
Suspension of duty to report
9 Jul 17
S-8 POS
Registration of securities for employees (post-effective amendment)
9 Jul 17
S-8
Registration of securities for employees
28 Apr 16
Proxies
DEFA14A
Additional proxy soliciting materials
25 Mar 22
DEFA14A
Additional proxy soliciting materials
14 Apr 21
DEFA14A
Additional proxy soliciting materials
12 Mar 21
DEFA14A
Additional proxy soliciting materials
27 Mar 20
DEFA14A
Additional proxy soliciting materials
29 Mar 19
DEF 14A
Definitive proxy
29 Mar 19
PRE 14A
Preliminary proxy
15 Mar 19
Other
SD
Conflict minerals disclosure
27 May 22
SD
Conflict minerals disclosure
25 May 21
SD
Conflict minerals disclosure
27 May 20
CERT
Certification of approval for exchange listing
6 Feb 20
SD
Conflict minerals disclosure
29 May 19
UPLOAD
Letter from SEC
8 May 19
CORRESP
Correspondence with SEC
17 Apr 19
UPLOAD
Letter from SEC
7 Apr 19
EFFECT
Notice of effectiveness
13 Jun 18
UPLOAD
Letter from SEC
13 Jun 18
Ownership
11-K
Annual report of employee stock purchases
29 Jun 22
4
UNISYS / Claudius Sokenu ownership change
2 Jun 22
4
UNISYS / Debra McCann ownership change
2 Jun 22
3
UNISYS / Debra McCann ownership change
9 May 22
3
UNISYS / Claudius Sokenu ownership change
9 May 22
4
UNISYS / Teresa Poggenpohl ownership change
5 May 22
4
UNISYS / Dwayne Allen ownership change
5 May 22
4/A
UNISYS / Michael M Thomson ownership change
3 May 22
4
UNISYS / Michael M Thomson ownership change
3 May 22
4
UNISYS / Philippe Germond ownership change
5 Apr 22
Patents
Utility
Proxy Compilation for Execution In a Foreign Architecture Controlled by Execution Within a Native Architecture
21 Apr 22
A proxy compiler may be used within a native execution environment to enable execution of non-native instructions from a non-native execution environment as if being performed within the native execution environment.
Utility
Creating a Trained Database
21 Apr 22
A method of creating a trained database from a document corpus includes creating a tailored neural network for the document corpus by using sentences to create word-level association and sentence-level association; and applying action-trigger phrase sets, created front the document corpus independent of creating the tailored neural network, to the tailored neural network to create a trained database; wherein processing a query through the trained database, rather than the document corpus, increases the speed of processing the query and increases the accuracy of the result.
Utility
Semantic Search and Response
21 Apr 22
An approach to information retrieval is contemplated for facilitating semantic search and response over a large domain of technical documents is disclosed.
Utility
Parsing Implicit Tables
21 Apr 22
A method of parsing implicit tables within a document includes parsing, by a processor, a document to determine a pattern for a set of text that sets apart the information contained therein from the rest of the text; determining, by the processor, from the pattern of spacing, a first descriptive phrase and a second descriptive phrase; and assigning, by the processor, the first descriptive phrase as an action and the second descriptive phrase as a trigger.
Utility
Object Identification System with Reduced Service Calls
14 Apr 22
Methods and systems for implementing an object identification system equipped to reduce the number of service calls for remote object identification lookups are disclosed.
Transcripts
2022 Q1
Earnings call transcript
28 Apr 22
2021 Q4
Earnings call transcript
22 Feb 22
2021 Q3
Earnings call transcript
3 Nov 21
2021 Q2
Earnings call transcript
3 Aug 21
2021 Q1
Earnings call transcript
9 May 21
2020 Q4
Earnings call transcript
23 Feb 21
2020 Q3
Earnings call transcript
27 Oct 20
2020 Q2
Earnings call transcript
4 Aug 20
2020 Q1
Earnings call transcript
29 Apr 20
2019 Q4
Earnings call transcript
25 Feb 20
Reddit threads
Daily Discussion Thread - May 23, 2022
23 May 22
Daily Discussion Thread - May 16, 2022
16 May 22
Daily Discussion Thread - April 27th, 2022
27 Apr 22
Daily Discussion Thread - April 26th, 2022
26 Apr 22
Daily Discussion Thread - April 25th, 2022
25 Apr 22
Daily Discussion Thread - February 21st, 2022
21 Feb 22
Daily Discussion Thread - February 18th, 2022
18 Feb 22
February’s most anticipated earnings release calendar
2 Feb 22
February’s most anticipated earnings release calendar
2 Feb 22
February’s most anticipated earnings release calendar
2 Feb 22