Unisys drops over 5 pts to $20.88 following poor Q3 results
Unisys misses by $0.69, misses on revs Reports Q3 (Sep) earnings of $0.25 per share, excluding non-recurring items, $0.69 worse than the Capital IQ Consensus Estimate of $0.94; revenues fell 9.7% year/year to $792.1 mln vs the $858.38 mln consensus. • U.S. revenue declined 2 percent in the quarter while international revenue declined 15 percent. On a constant currency basis (2), international revenue declined 13 percent, primarily due to lower technology revenue.
