Loading...
Docoh

Unisys (UIS)

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.

UIS stock data

Calendar

27 Apr 22
2 Jul 22
31 Dec 22
Quarter (USD) Mar 22 Dec 21 Sep 21 Jun 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Dec 21 Dec 20 Dec 19 Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
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

Beta Read what these cash burn values mean

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

?
Risks
  • 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

?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. sophomore Avg
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

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.