Revenue Declines At Unisys
Unisys Corporation (NYSE:UIS) reported revenues of $985 million in the fourth quarter, down 6% year over year. Foreign currency fluctuations did not have much of an impact on revenue in the quarter. About half of the decline was due to lower revenue in the company’s U.S. Federal business and the remainder was primarily due to [...]
Unisys Corporation (NYSE:UIS) reported revenues of $985 million in the fourth quarter, down 6% year over year. Foreign currency fluctuations did not have much of an impact on revenue in the quarter.
About half of the decline was due to lower revenue in the company’s U.S. Federal business and the remainder was primarily due to lower third-party equipment sales in the rest of the business.
Revenue from the U.S. Federal business declined approximately 18% in the quarter due to the termination of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards