Monday, 13 July 2009

Unisys previews profitable quarter

(By Anthony Miller – Monday 13th July 2009 6:15pm). Actually it makes rather a nice change to be able to say that as Unisys lost money last quarter (see Another tough quarter for Unisys). But the company announced today that Q209 will show a $30-55m pre-tax profit, with the top line between $1.09b and $1.14b – which is down 15%-19% yoy (say -7% to -11% in constant currencies) and roughly flat sequentially. But hark the gloomy demand picture: “A substantial decline in services orders versus a year ago, reflecting the continued weak demand environment”. We’ll tell you more when the full numbers are out in a couple of weeks.

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