BRIEF: For the nine months ended 30 September 2009, Unisys Corporation's revenues decreased 14% to $3.39B. Net income totaled $74.8M vs. a loss of $72.1M. Revenues reflect a decrease in income from the Services segment and lower sales from Technology segment. Net income reflects a decrease in cost of services & technology, lower selling, general & administrative expenses and decreased research & development expenses.
Common Stock $.1 Par, 9/09, 720M auth., 42,500,000 issd., less 200,000 shs. in Treas. @ $44.9M. Insiders control 7%. PO 10/83, 3M shares @ $52.50 by Lehman Brothers. 7/87, 3-for-1 stock split. FY'98 & '99 Q's are restated. 10/09, 1-for-10 reverse stock split.
Unisys Corporation (Unisys) is a worldwide information technology (IT) company. The Company provides a portfolio of IT services, software, and technology that solves critical problems for clients. The Company specializes in helping clients secure their operations and utilization of their data centers, enhance support to their end users and constituents, and modernize their enterprise applications. To provide these services and solutions, it brings together offerings and capabilities in outsourcing services, systems integration and consulting services, infrastructure services, maintenance services, and high-end server technology. Unisys serves commercial organizations and government agencies throughout the world. Unisys operates in two business segments: Services and Technology. In the Services segment, Unisys designs builds and manages IT systems and provides services that help its clients. In the Technology segment, the Company designs and develops servers and related services.