Unisys reports third quarter net loss with lower revenue guidance

Reuters11-06
Unisys reports third quarter net loss with lower revenue guidance

Unisys Corporation reported a net loss for the third quarter of 2025, which included a non-cash pension settlement loss of $227.7 million net of tax, related to a group annuity purchase contract transferring approximately $320 million of projected U.S. defined benefit pension liabilities to a third-party insurer. The company also recorded non-cash goodwill impairment charges of $55.0 million for the quarter. Unisys revised its full-year constant currency revenue guidance to a range of (3.6)% to (2.6)% growth, with License & Support (L&S) revenue expected to be approximately $430 million and Ex-L&S constant currency revenue growth forecasted between (4.8)% and (3.6)%. The company reiterated its full-year non-GAAP operating margin guidance of 8% to 9% and continues to expect more than $100 million of pre-pension and postretirement free cash flow. Unisys highlighted continued strong client retention and consumption in its L&S segment and noted momentum in newer AI solutions within its Ex-L&S segment. Liquidity remains strong, with an undrawn asset-backed revolver and no major debt maturity until 2031.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Unisys Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: PH16736) on November 05, 2025, and is solely responsible for the information contained therein.
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