Unisys (NYSE:UIS) Announces Earnings Results, Beats Expectations By $0.27 EPS

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

Unisys Stock Performance

Shares of UIS stock traded down $0.01 during trading hours on Tuesday, hitting $5.37. 562,698 shares of the company were exchanged, compared to its average volume of 706,344. The company has a current ratio of 1.49, a quick ratio of 1.47 and a debt-to-equity ratio of 78.55. The stock has a market capitalization of $370.58 million, a price-to-earnings ratio of -0.85 and a beta of 0.94. The firm has a fifty day simple moving average of $5.29 and a 200 day simple moving average of $5.42. Unisys has a 52-week low of $2.60 and a 52-week high of $8.12.

About Unisys

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.