Unisys: 2Q Earnings Snapshot

By The Associated Press

Posted Aug 4, 2020 06:48:58 PM.

Last Updated Aug 4, 2020 06:54:26 PM.

This article is more than 5 years old.

BLUE BELL, Pa. (AP) _ Unisys Corp. (UIS) on Tuesday reported a second-quarter loss of $78.6 million, after reporting a profit in the same period a year earlier.

The Blue Bell, Pennsylvania-based company said it had a loss of $1.25 per share. Losses, adjusted to extinguish debt and for non-recurring costs, came to 15 cents per share.

The information technology service provider posted revenue of $438.8 million in the period.

Unisys shares have increased nearly 2% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $12.06, a rise of 11% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UIS at https://www.zacks.com/ap/UIS

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