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© Copyright 2012

Unisys announced its third quarter results

Unisys is a worldwide information technology company. With more than 26,000 employees, Unisys serves commercial organizations and government agencies throughout the world.

Highlights – Third Quarter 2009

  • The company’s revenue declined 12% to $1.16 billion compared with revenue of $1.31 billion in the year-ago quarter
  • Third quarter 2009 net income of $61.1 million, or $1.48 per diluted share, compared with a net loss of $34.7 million, or a loss of $.96 per diluted share, in the third quarter of 2008.
  • Revenue in the United States declined 3 percent to $542 million
  • Revenue in international markets declined 18 percent to $618 million
  • Company’s operating profit margin increased to 10.2 percent compared with 2.9 percent a year ago.
For the full year of 2009, Unisys reported net income of $189.3 million, or $4.75 per diluted share. This compared with a full-year 2008 net loss of $130.1 million, or a loss of $3.62 per diluted share, which included $103.1 million of pretax cost-reduction charges. Revenue in 2009 declined 12 percent to $4.60 billion compared with revenue of $5.23 billion in 2008.

http://www.unisys.com/unisys/news/detail.jsp?id=1120000970000510079

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Posted by Guru's Pick on Monday, February 22, 2010 9:51 AM
     
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