Unisys reported a total company revenue of $432.1 million for the first quarter of 2025, an 11.4% decrease year-over-year. The company experienced a net loss of $29.5 million and an operating income of $5.1 million. Despite the declines in revenue and profitability, Unisys saw an 83% year-over-year increase in Ex-L&S New Business Total Contract Value (TCV) driven by new logo signings and reiterated its full-year 2025 guidance.
Total company revenue decreased by 11.4% year-over-year to $432.1 million, primarily due to the timing of software license renewals and lower client volumes.
Net loss attributable to Unisys Corporation was $29.5 million, compared to a net loss of $149.5 million in the prior year, showing an improvement.
Ex-L&S New Business Total Contract Value (TCV) increased by 83% year-over-year to $337 million, driven by new logo signings.
Gross profit margin declined by 300 basis points year-over-year to 24.9%, mainly due to the timing of software license renewals.
Unisys reiterates its full-year 2025 revenue growth and profitability guidance, expecting constant currency revenue growth of 0.5% to 2.5% and non-GAAP operating profit margin of 6.5% to 8.5%.
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